Mr Hofmaier is well-regarded in the natural resources industry with over 20 years’ general management, corporate finance and investment banking experience across Africa, Asia, and South America. He has significant experience in executing projects and managing complex joint-ventures, equity investments, as well as M&A and corporate finance transactions across multiple jurisdictions.
Most recently he was CFO at SolGold plc, a London-listed copper-gold developer, where he spent three years. Before joining SolGold, Mr Hofmaier was a Partner and Head of Mining at merchant bank Hannam & Partners, where he was instrumental in building the mining investment banking practice over a period of seven years. Mr Hofmaier joined Hannam & Partners from Rio Tinto in London, where he was a member of the central business development and strategy team.
Mr Hofmaier also has project execution and managerial experience, having spent five years as the Managing Director responsible for the successful Indian market entry of Wienerberger AG, a building material and industrial minerals group with around 19 000 employees globally.
He is also an independent non-executive director of a London-listed tin developer, First Tin plc, where he chairs the accounting & risk committee and the nominations & compensation committee.
Ingo Hofmaier, CEO of Omico, said:
"I am pleased to be joining this company and taking the lead at such an important time for the Omitiomire Copper project. Given the strong base of work already completed, including an updated mineral resource utilising 95 000 m of resource drilling and significant metallurgical test work, we are in an excellent position to accelerate the development in a world in short supply of achievable copper developments.
"Namibia is a reliable investment destination with a well-developed workforce and a long and successful history of mining. We are confident that during the remainder of the year we will achieve our aims to commence required in-fill drilling; kick-off the bankable feasibility study, with the aim of completing it within 12 months; progress the ESIA, and hold key stakeholder meetings.
"In parallel to these activities, we will be progressing all other workstreams to ensure construction readiness and build a lean and competent organisation. I look forward to introducing this re-engineered and de-risked copper cathode project to the market in the coming months.”