Mustang Resources makes new appointments

Non-Executive Director Cobus van Wyk will step into the newly created position of the company’s COO with immediate effect and become an Executive Director of Mustang with a commitment of around 90% of his working time to Mustang. He is an experienced operational team project manager having managed the company’s ruby and graphite activities through Regius Resources Group Ltd, the related party provider of management and technical services to Mustang.

Ian Daymond, Chairman of Mustang Resources, commented: “We are pleased to announce the appointment of Bernard Olivier as MD and Cobus Van Wyk as COO. Bernard brings significant experience in all aspects of coloured gemstone mining, marketing and sales and was a key person in the development of the TanzaniteOne coloured gemstone mining operation in Tanzania where he managed a team of over 600 employees. In addition, he has a background in the graphite sector and eight years’ experience as CEO of a LSE listed company. Cobus has been an integral member of the Mustang Board and the project’s operations manager and we are also very pleased that he will become an Executive Director and COO reporting to the MD.”

van Wyk will report to the newly appointed Managing Director Dr Olivier and together they will focus on and lead the development of the company’s ruby and graphite projects, both located in Northern Mozambique.

Dr Oliver has worked on a variety of exploration and development projects as well as in mining operations across a spread of commodities, including, gemstones, graphite, gold, diamonds, PGEs, base metals and coal. He has over 10 years’ experience as a listed company director. Most recently, Dr Olivier has served as the CEO of Richland Resources Plc (formerly Tanzanite One) since March 2010 and as a director of Bezant Resources Plc since March 2007. He will be committed full-time to Mustang Resources Ltd by 31 March 2018 after completing the transition from his existing roles.

Bernard Olivier, MD of Mustang, commented: “I believe Mustang has world-class assets and look forward to progressing the ruby and graphite projects with the rest of the highly skilled and dedicated board and management team at Mustang.”

Read the article online at: https://www.globalminingreview.com/finance-business/15012018/mustang-resources-makes-new-appointments/