Kenmare chairperson retires
JOHANNESBURG (miningweekly.com) – The chairperson of London-listed Kenmare Resources, Justin Loasby, would retire with immediate effect owing to ill health, the Mozambique-focused miner reported on Tuesday.
Nonexecutive director Steven McTiernan, who has more than 40 years’ experience in the natural resources and investment banking industries, would step in as nonexecutive chairperson.
“It is a privilege to be accepting the position of chairperson of the board of Kenmare, in succession to [Loasby], who has been an exceptional chairperson and has steered Kenmare through its development period over the last two and a half years,” commented McTiernan.
The company wished Loasby a speedy recovery.
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