Aim-listed Jubilee Metals chairperson Ollie Oliveira will retire with effect from April 30, and will be succeeded by current vice-chairperson Dr Mathews Phosa.

Phosa will also assume Oliveira’s roles as a member of the audit and risk committee, as well as of the remuneration committee, with immediate effect. 

The company also notes that interim FD Jonathan Morley-Kirk has been appointed in a permanent position, effective immediately. 

“I would like to record my heartfelt thanks to the management and staff for their strong and constant dedication to the company in what has proven to be very challenging circumstances in the industry and the region. 

“To my fellow board members, I extend my gratitude for their commitment, collaboration and invaluable insights. Your support and dedication have been instrumental in guiding the company through times of both opportunity and challenge,” says Oliveira.

Jubilee CEO Leon Coetzer expressed his gratitude to Oliveira for his “outstanding leadership and support” during his tenure as chairperson.

“Ollie’s leadership steered the company through times faced with both opportunities and challenges. I wish him all the best in his future endeavours.

“I am also delighted to welcome Dr Phosa as the new incoming chairperson. I am confident his leadership, deep industry knowledge and experience recognised especially within the African continent is invaluable as we continue to navigate the evolving landscape of our industry,” he says.

Phosa, meanwhile, says it is an honour and a privilege to step into the role of chairperson at Jubilee.

“I would like to express my sincere gratitude to Ollie for his exceptional leadership and dedication. Under his stewardship, Jubilee has built a solid foundation upon which it will continue to grow.

“As I take on this responsibility, I do so with a deep sense of commitment to the values and principles that have shaped the company’s journey. Jubilee prides itself for its innovation, integrity and the ability to adapt to an ever-changing market.

“Together, Jubilee will navigate these changes with a clear focus on sustainability, innovation and sound governance. I look forward to engaging with all stakeholders to ensure that we continue to drive positive change and lasting success for the business,” he comments.