Board Appointment
08 January 2008
The Board of Strategic Natural Resources PLC announces that it has appointed Mr David John Nel to the Board of SNR as Chief Operating Officer (COO”).
The appointment of Mr Nel (aged 35), whose extensive mining industry experience will further strengthen the SNR Board, comes as the Company prepares to step up its operations at its coal prospect at Indwe in South Africa’s Eastern Cape.
Mr Nel is currently the commercial director of SNR’s principal operating subsidiary, Elitheni Coal (Pty) Limited (“Elitheni”). He is also a director of Eastgen (Pty) Limited and Westgen (Pty) Limited, both of which are currently not actively trading; and Southern Cape Corridor Power (Pty) Limited, a South African company created in 2006 in order to seek out and develop opportunities in the local mining and energy sector. Aside from these directorships, Mr Nel has not held any additional directorships over the past five years.
Mr Nel has 13 years’ mining industry experience, seven of which have been spent building Elitheni along with Barry Nel, SNR’s Commercial Director. Previously, he spent six years in Accenture (South Africa) (Pty) Limited’s Global Business Consultancy Resources Market Unit. Whilst with Accenture, Mr Nel was involved in the project management of a number of large consulting projects in the South African mining industry. Mr Nel started his career at Coalnet (Pty) Limited (“Coalnet”), where his responsibilities included operational management and business development. Coalnet was formed to assist independent junior mining operations with the marketing and distribution of their coal as well as to generate the development of green and brownfield coal resources for niche markets.
Through both Elitheni and Coalnet, Mr Nel has had hands on experience in the development of medium sized coal mining operations and related activities including, the sales and distribution of coal for various independent coal producers. With the combined experience of business consulting to the South African mining industry, added to his operational and marketing experience in Elitheni, Mr Nel has demonstrated the perfect qualification to become COO of SNR.
Mr Nel holds a Masters degree in Commerce from the University of Johannesburg having obtained his Bachelor of Commerce from the University of South Africa.
Speaking in London, Jeremy Metcalfe, CEO of SNR, said “ This is a key appointment and will strengthen the SNR Board considerably. David Nel is very talented and is a welcome addition to our Board.”
For further information, please contact:
Strategic Natural Resources plc
David Nel, Chief Executive Officer
+27 (0) 41 374 0842
Jeremy Metcalfe, Communications Director
+44 (0)7785 346 718
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