Centamin PLC Appointment of Non-Executive Director (5014O)
June 01 2020 - 2:13AM
UK Regulatory
TIDMCEY
RNS Number : 5014O
Centamin PLC
01 June 2020
1 June 2020
Centamin plc
("Centamin" or "the Company")
(LSE:CEY, TSX:CEE)
APPOINTMENT OF HENNIE FAUL AS NON-EXECUTIVE DIRECTOR
Centamin is pleased to announce the appointment of Hendrik
"Hennie" Faul to the Board as an independent non-executive
director, effective 1 July 2020. Hennie will chair the new
Technical Committee and become a member of the Audit and Risk, and
the Sustainability committees. Non-Executive Director Mark Bankes
will rotate off the Audit and Risk Committee following Hennie's
appointment.
Hennie joins Centamin with more than 30 years of mining industry
experience across a range of commodities and jurisdictions. As a
qualified mining engineer, he brings highly relevant engineering
expertise that will complement the existing technical skills on the
Board, further strengthening the Company's operational
governance.
Hennie joined Anglo American in 2004, initially holding a number
of senior engineering positions within its Technical and Base
Metals divisions. Most recently, from 2013 to 2019, he was Chief
Executive Officer ("CEO") of Anglo American's Copper business,
including the Los Bronces and Collahuasi mines in Chile together
with the Quellaveco greenfield project in Perú. Prior to that, he
was Anglo American's Group Head of Mining from 2011 to 2013, where
he was responsible for improving governance and best practices
across its diverse global mining portfolio. Between 2009 and 2010,
Hennie was CEO of Anglo American's Zinc business.
Hennie is a non-executive director elect of Johannesburg listed
Master Drilling Ltd[1]. He previously served as a non-executive
director of Amara Mining Plc, the London AIM listed gold company,
from 2011 to 2016 until it was acquired by Australian listed
Perseus Mining Ltd. From 2011 to 2013, he also served as a
non-executive director of Johannesburg listed Palabora Mining
Company Ltd.
Following Hennie's appointment, the Centamin Board will comprise
of nine members: an independent non-executive chairman, two
executive directors and six non-executive directors. The Board's
multi-disciplinary members offer a broad range of skills and
experience, including finance, legal, mining, geology, capital
markets and government relations. In accordance with the 2018 Code
the Board is greater than 50% independent.
Jim Rutherford, Deputy Chairman, commented:
" It is with great pleasure that I welcome Hennie as a member of
the Centamin board. I am confident Hennie will provide an
invaluable contribution to our refreshed Board. His recent
experience as CEO of Anglo American Copper in particular, running
two of the world's largest open pit mines, means that he is ideally
suited to take on the role of Chairman of our newly established
Technical Committee."
Hennie Faul commented:
"I am delighted to join the Board of Centamin. I am really
looking forward to working with the Board and management to share
my insights and experience to assist in fully developing the
potential of the world class Sukari mine, to take the operating
performance to best in class and to explore the future growth
options for the company."
There are no further details that are required to be disclosed
in respect of the appointments under LR9.6.13 of the UK FCA Listing
Rules. This announcement contains additional regulated
information.
ENQUIRIES
For further information, please visit the website
www.centamin.com or contact :
Centamin plc Buchanan
Alexandra Carse, Investor Relations Bobby Morse
alexandra.carse@centamin.je Chris Judd
+44 (0) 7700 713 738 Kelsey Traynor
centamin@buchanan.uk.com
+44 (0) 207 466 5151
BACKGROUND INFORMATION
HENNIE FAUL
Independent Non-Executive Director, effective 1 July 2020
Hennie is a qualified engineer, obtaining his Bachelor of Mining
Engineering from Pretoria University, South Africa in 1988.
From 2004 to 2019, Hennie was with Anglo American. From 2013 to
2019, he was Chief Executive Officer ("CEO") of Anglo American's
Copper business, including the Los Bronces and Collahuasi mines in
Chile, and the Quellaveco greenfield project in Perú. Prior to
that, he was Anglo American's Group Head of Mining from 2011 to
2013, where he was responsible for improving governance best
practices across its diverse global mining portfolio. Between 2009
and 2010, Hennie was CEO of Anglo American's Zinc business.
Hennie joined Anglo American from mining contractor,
Brandrill/Torex, where he worked from 2000 to 2004. He began his
career with Gencor Ltd in 1986, working through a variety of
technical and operational roles with BCL Ltd and BHP across
Botswana, Zimbabwe and South Africa.
Beyond Hennie's professional career, he is a strong advocate for
responsible mining, including chairing the International Copper
Association Ltd, a member-based alliance responsible for guiding
policy and strategy for the global copper sector.
[1] Subject to shareholder approval at the Master Drilling annual general meeting on 9 June 2020
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END
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