Close

AIM-listed Alecto Minerals, which is a multi-commodity exploration and development company with projects in Ethiopia and Mauritania, has confirmed the appointment of Professor Mike Johnson as chairperson with immediate effect.

The company highlighted that Professor Johnson’s extensive experience and broad network of contacts in the mining sector will be highly beneficial to the company as it advances its exploration activities in Ethiopia and Mauritanian. He succeeds Malcolm James, who plans to step down from the board to pursue other business interests.

“Professor Johnson has a strong reputation and technical skills within the mining sector and I am delighted to welcome him to the board as chairperson. His experience of operating in Africa, in particular Ethiopia will be instrumental as we plan our upcoming work programmes for both our Mauritanian and Ethiopian projects. Moreover, I would like to take this opportunity to thank Malcolm James for his contribution to the company over the recent years,” addes Alecto Minerals MD Damian Conboy.

Alecto Minerals noted that Malcolm James has tendered his resignation from the board to pursue other business interests and steps down as chairperson with immediate effect.

Professor Johnson was Head of Environmental Science at the University of Liverpool for ten years until 2005. During this time he advised several international mining companies notably Rio Tinto, New Boliden SA. and Lundin Mining Corporation.

He was also chairperson of Glebe Mines, which owned the principal fluorspar mining and quarrying company in Western Europe. He is currently on the Board of TSX-V listed Columbus Copper and is the chairperson for AIM quoted African Mining and Exploration and Antracor Mining, a private company.

Professor Johnson also holds a number of advisory positions with national governments and international agencies, including the World Bank and United Nations Environment Programme. He also advises Morgan Sindall plc and British Nuclear Fuels Ltd on environmental strategy and technology. He holds 14,813,706 ordinary shares in the company giving a holding of 4.13 % of the issued share capital.

Additional Reading?

Request Free Copy