Randgold & Exploration Company Limited has announced the appointment of two independent non-executive directors to the board:
Thomas Graham Dale (55) holds a BSc Honours degree in Mining Engineering and a MBA. He spent 15 years from 1973 as a miner with JCI, ending as Mine Manager/Acting General Manager of Western Areas Gold Mine. He then joined the stock broking fraternity for four years before spending nine years with in the corporate sector, starting as a senior manager in the minerals division of Gencor and progressing to Managing Director of Gold Fields Limited. He is currently farming in the Potchefstroom area.
Johann Blersch (65) holds a B.Comm degree along with a CA (SA) and MBA. He started his career as an investigating accountant at the IDC before running a homebuilding business for five years. He was a stockbroker and investment banker for 25 years, finally as Chief Executive of Citigroup Global Markets. He is now Chief Executive of Mankadan Investments, a family investment company.
The board of Randgold & Exploration Company Limited is now as follows:
David Morris Nurek – (Non-Executive Chairman)
Peter Henry Gray – (Chief Executive Officer)
Andrew Christoffel Nissen – (Independent Non – Executive Director)
Motsehoa Brenda Madumise – (Independent Non – Executive Director)
Johann Blersch – (Independent Non – Executive Director)
Thomas Graham Dale – (Independent Non – Executive Director)
Statement issued by Brian Gibson (Contact 011 880 1510 or 083 253 5988)