Bushveld Minerals Appoints Lonmin Executive As Finance Director

(Alliance News) - Bushveld Minerals Ltd said Tuesday it has appointed Tanyaradzwa Chikanza as ...

Alliance News 2 October, 2019 | 11:55AM
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(Alliance News) - Bushveld Minerals Ltd said Tuesday it has appointed Tanyaradzwa Chikanza as finance director with immediate effect.

Chikanza's most recent role was at Lonmin PLC - which was acquired in June by Johannesburg-listed miner Sibanye Gold Ltd - where she worked for nine years since 2010, leaving as executive vice president for Strategy, Investor Relations and Communications.

"We are delighted to welcome a person of Tanya's calibre in the Finance Director position. She has a deep understanding of the South African mining industry; is versed in the intricacies of various financial markets, and has experience in engaging debt and equity investors. She joins at a very important time in the company's evolution and will play a significant role as we enter the next stage of growth and development," said Chief Executive Officer Fortune Mojapelo.

On Monday, Bushveld Minerals reported a pretax profit of USD44.7 million for the first half of 2019, up from USD41.5 million a year before, despite a 7% decline in revenue to USD78.0 million from USD83.7 million.

Shares in Bushveld Minerals were up 2.8% at 21.58 pence on Wednesday in London.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Bushveld Minerals Ltd 21.29 GBX 2.36 -
Sibanye-Stillwater 4,110.00 ZAC 4.85 -

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