Rambler Metals and Mining PLC (LON:RMM) has appointed Andre Booyzen as its new chief executive.
Booyzen has 15 years of experience in the mining sector, Rambler said, and recently led the financial turnaround at Mandalay Resources Corp’s (TSX:MND) Costerfield gold mine in Australia.
READ: Rambler parts ways with CEO
He will replace outgoing CEO Norman Williams, who is staying on for a short period to assist with the handover.
“I would like to thank Norman Williams for his significant contribution to the restarting of the Ming mine and Nugget Pond operations and for laying the groundwork for the current expansion program,” said chairman Brad Mills, who worked with Booyzen at Mandalay Resources.
“I would also like to welcome Mr Booyzen to the position of CEO. The board is looking forward to working with Andre to strengthen Rambler's position as an expanding, profitable copper-gold producer with a long life and extensive growth opportunities looking ahead.”
Rambler shares were down 8.9% to 1.5p in late-afternoon trading on Wednesday.
