The Selebi Phikwe–based Premium Nickel Resources Botswana (PNRB) has this morning parted ways with its Chief Executive Officer, Montwedi Mphathi.
He is replaced by Kneipe Setlhare, who now assumes responsibilities of CEO while retaining the title of President of the Company. The decision follows a restructuring in the organisation, which has also affected the executive management.
A statement from the Company says that throughout the “redevelopment of the Selebi and Selkirk nickel, copper, cobalt, platinum-group elements ("Ni-Cu-Co-PGE") mines”, PNRB has been diligently evaluating its strategies and objectives to ensure optimal positioning for growth.
As a result, the Company has initiated organizational adjustments, transitioning from its entrepreneurial start-up phase to a phase of rapid growth and expansion.
Montwedi told BG Online in an interview this morning that he was now vacating his office and heading home to Francistown. He said the separation with the Company was mutual and that he wished the Company well for as long as it aims to make a difference in the lives of the people of Selebi Phikwe.
On behalf of the Company and stakeholders, the incoming Chief Executive Officer, Setlhare expressed “our appreciation and gratitude” to Mphathi, adding that Mphathi “played a crucial role in the Company’s purchase of the Selebi and Selkirk mines” and that his dedication has “shaped our Company into what it is today”.
Other changes include the addition of Sean Whiteford who replaces Neil Jamieson and the appointment of David Newman to the PNRB Board of Directors. According to Setlhare, both men bring extensive expertise in governance, mining and finance, which will add "additional strength to our Board, as we continue to advance our flagship mines in Botswana.”
Premium Nickel Resources Botswana is a resource exploration and development company that holds ownership of the Ni-Cu-Co Selebi & Selebi North deposits, collectively referred to as the "Selebi Mine," located in Selebi-Phikwe, Botswana, and the Ni-Cu-Co-PGE Selkirk Mine situated in Francistown.
He is replaced by Kneipe Setlhare, who now assumes responsibilities of CEO while retaining the title of President of the Company. The decision follows a restructuring in the organisation, which has also affected the executive management.
A statement from the Company says that throughout the “redevelopment of the Selebi and Selkirk nickel, copper, cobalt, platinum-group elements ("Ni-Cu-Co-PGE") mines”, PNRB has been diligently evaluating its strategies and objectives to ensure optimal positioning for growth.
As a result, the Company has initiated organizational adjustments, transitioning from its entrepreneurial start-up phase to a phase of rapid growth and expansion.
Montwedi told BG Online in an interview this morning that he was now vacating his office and heading home to Francistown. He said the separation with the Company was mutual and that he wished the Company well for as long as it aims to make a difference in the lives of the people of Selebi Phikwe.
On behalf of the Company and stakeholders, the incoming Chief Executive Officer, Setlhare expressed “our appreciation and gratitude” to Mphathi, adding that Mphathi “played a crucial role in the Company’s purchase of the Selebi and Selkirk mines” and that his dedication has “shaped our Company into what it is today”.
Other changes include the addition of Sean Whiteford who replaces Neil Jamieson and the appointment of David Newman to the PNRB Board of Directors. According to Setlhare, both men bring extensive expertise in governance, mining and finance, which will add "additional strength to our Board, as we continue to advance our flagship mines in Botswana.”
Premium Nickel Resources Botswana is a resource exploration and development company that holds ownership of the Ni-Cu-Co Selebi & Selebi North deposits, collectively referred to as the "Selebi Mine," located in Selebi-Phikwe, Botswana, and the Ni-Cu-Co-PGE Selkirk Mine situated in Francistown.
