Mwana appoints new non-executive director

Mwana appoints new non-executive director
Published: 11 January 2012 (845 Views)
DIVERSIFIED mining company Mwana has announced the appointment of Johan Botha to the company's board as a non-executive director with effect from January 4.

Botha (62) is a South African citizen with more than 40 years' experience in the African mining sector, including 26 years working across Anglo Gold's mine portfolio and as a manager in the company's technical development division.

His experience also includes positions at BHP at the Hartley Platinum Mine Project, in Zimbabwe, Randgold Resources, in South Africa, and Mali and Gold Fields Ghana Ltd, where he was vice president.

At Banro Corporation he led the successful development and construction of its Twangiza gold mine in the Democratic Republic of Congo.

Mwana Africa chief executive officer Kalaa Mpinga said he was delighted to welcome Botha to the Mwana board.

"I am delighted to welcome Johan to the Mwana board. He will bring an important technical contribution to the board as we continue the development of our projects.

His wealth of experience across African mining, including at gold and precious metals operations in Zimbabwe and the DRC, is a perfect match for Mwana's assets and strategy," he said.

Mwana's principal operations and exploration activities cover gold, nickel and other base metals, and diamonds in Zimbabwe, the DRC and South Africa.

In Zimbabwe, the company operates the Freda Rebecca gold mine, which is one of the largest gold mines in the country.

Last month, the gold producer reported first-half gold production of 21 893 ounces, compared with 10 915 ounces in the prior comparable period.

Freda Rebecca mine showed strong performance by meeting its phase two 50 000 ounces per annum production target rate in the quarter ended September 30 last year.

Mwana also runs the Bindura Nickel Corporation (BNC) Trojan Mine, which is currently under care and maintenance.

The mine remains ready to resume production (awaiting the mobilisation of the requisite funds), with all the processes up to the tertiary crushers having been hot commissioned in the 2010 financial year.

- TH

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