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Jubilee chair Oliveira retires; Phosa named successor

Jubilee Metals Group’s chair, Ollie Oliveira, will retire at the end of this month and will be succeeded by Dr Mathews Phosa, who is currently vice-chairperson of the Board. Dr. Phosa will also immediately assume Oliveira’s responsibilities as a member of both the Audit and Risk Committee and the Remuneration Committee of the Board.

Chief Executive Officer Leon Coetzer expressed his appreciation to Oliveira, acknowledging his exceptional leadership and steadfast support during his occupation as Chairperson. He noted that Oliveira played a pivotal role in guiding the Company through both challenging times and significant opportunities.

“I am also delighted to welcome Dr Phosa as the new incoming chairperson. I am confident his leadership, deep industry knowledge and experience recognised especially within the African continent is invaluable as we continue to navigate the evolving landscape of our industry,” Coetzer.

Oliveira expressed his sentiments to the staff and management for outstanding commitment and support to the company’s goals. “I would like to record my heartfelt thanks to the management and staff for their strong and constant dedication to the Company in what has proven to be very challenging circumstances in the industry and the region.

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To my fellow board members, I extend my gratitude for their commitment, collaboration, and invaluable insights. Your support and dedication have been instrumental in guiding the Company through times of both opportunity and challenge,” said Oliveira.

Dr Phosa said it was not only an honour but also a privilege to step into the role of Chairperson at Jubilee. “I would like to express my sincere gratitude to Ollie for his exceptional leadership and dedication. Under his stewardship, Jubilee has built a solid foundation upon which it will continue to grow,” he said.

Upon assuming his new role, Dr. Phosa affirmed his deep commitment to the values and principles guiding Jubilee’s journey. He highlighted the Company’s proud reputation for innovation, integrity, and resilience in adapting to a constantly evolving market.

“Together, Jubilee will navigate these changes with a clear focus on sustainability, innovation, and sound governance. I look forward to engaging with all stakeholders to ensure that we continue to drive positive change and lasting success for the business,” Dr Phosa affirmed.

Interim Finance Director, Jonathan Morley-Kirk, has also been appointed to a permanent position, effective immediately.

Jubilee is a diversified metals processing company operating across Africa, with copper projects in Zambia and chrome and PGM (platinum group metals) operations in South Africa.