RE: Mining season4 May 2021 08:01
Maybe James just doesn’t know what he is doing … now why would he want to join a little pgm explorer (the reality is EUA is not really a miner)?
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Eurasia Mining PLC (LON:EUA), the Russia-focused Platinum miner, has reshuffled its executive team with non-executive director James Nieuwenhuys to become its new chief executive.
Christian Schaffalitzky remains as executive chairman while Dmitry Suschov steps down from the board to become chief M&A officer.
Nieuwenhuys has previously been CEO South Africa’s Lesego Platinum and was COO at Polyus Gold, Russian largest gold producer and has many contacts among PGM producers in Russia, China and South Africa, said Eurasia.
In a statement, Christian Schaffalitzky said: “This reorganization is designed to optimise our execution team. Since joining Eurasia in November 2019 after completing due diligence on behalf of a potential buyer, James has got detailed knowledge of Eurasia’s assets and he is of immense help both in terms of the sale process and in terms of demonstrating to the interested parties the strength of our own management team and its capacity to execute..”
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LESEGO PLATINUM MINING (PTY) LTD has 3270 total employees across all of its locations and generates $277.05 million in sales (USD).