Business

Update re Blyvoor JV - Appointment of JV Manager

Update re Blyvoor JV - Appointment of JV Manager.

articleFocus Xplore PlcFebruary 10, 20203/company/focus-xplore-plc/news/update-re-blyvoor-jv-appointment-of-jv-manager
Update re Blyvoor JV - Appointment of JV Manager

About this update from Focus Xplore Plc

[{"type":"text","content":"\n \nRNS Number : 5105C Katoro Gold PLC 10 February 2020  \n\nKatoro Gold plc (Incorporated in England and Wales)\n(Registration Number: 9306219)\nShare code on AIM: KAT\nISIN: GB00BSNBL022\n(\"Katoro\" or \"the Company\")\n \n \n10 February 2020\n \nKatoro Gold plc ('Katoro' or the 'Company')\n \nUPDATE RE BLYVOOR JV - APPOINTMENT OF JV MANAGER\n \nKatoro Gold plc (AIM: KAT), the gold and nickel exploration and development focused company, is pleased to announce the JV Partners are making good progress in respect of advancing the Project and are pleased to announce the appointment of Graham Briggs as the manager of the JV.\n \nAs announced on 30 January 2020, Katoro has entered into an Agreement with Blyvoor and Target to form the JV to exploit potentially viable deposits of gold and any other minerals from six gold tailings dams owned by Blyvoor in South Africa.  Further details on the Agreement, the JV and the Tailings are set out in the Announcement, which can be viewed at the following link:\n \nhttps://polaris.brighterir.com/public/katoro_gold/news/rns/story/x43nzkw\n \nHIGHLIGHTS\n·        The JV Partners have now formed a JV management committee to provide managerial oversight for the Project and both Blyvoor and Katoro have appointed two representatives;\n·        The JV management committee have appointed Graham Briggs, former CEO of Harmony Gold Mining Company Limited, as Manager of the JV;\n·        Mr Briggs will be responsible for control, management and supervision of all technical, operational and other activities relating to the Project; and\n·        The JV management committee has already met and is seeking to advance the Project.\n \nBiography JV Manager - Graham Briggs\n \nGraham Briggs, has a long and distinguished career in the South African mining industry and brings extensive operational experience to the Project.  Having commenced his career in the early 1970s as a geologist, he initially worked for several gold mining companies in the Gencor Group.\n \nHe subsequently joined Harmony Gold Mining Company Limited in 1995 as a New Business Manager, before being appointed...

More updates from Focus Xplore Plc