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Petra Diamonds appoints non-executive directors

Petra Diamonds appoints non-executive directors
miningnews.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miningnews.co.za Daily Mail and Mail on Sunday newspapers.

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Bluerock Diamonds PLC (AIM:BRD) | RNS | BlueRock DiamondsPLC - Loan Financing, Update & Issue of Equity

Kareevlei Diamond Mine ( Kareevlei ) in the Kimberley region of
South Africa, is pleased to provide an update on corporate and operational activities.

·    Heads of Terms agreed with the Teichmann Group ( Teichmann ) for a
£1.61m loan note with the intention that this will be replaced by a convertible loan note ( CLN ), which will increase the aggregate shareholding of the Teichmann Group concert party to approximately 49% if converted (the Teichmann Financing )
·    Completed 80% of expansion project (the Project ) at Kareevlei, which is on track to be commissioned in July and is expected to increase annual revenue to circa
USD16m per annum
·    Ongoing review of the expansion of the Kareevlei operation including environmental and sustainability factors leading to increased upfront costs ....

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Aditya Mittal to take over from his father as CEO of ArcelorMittal

Luxembourg, February 11 (ANI): Aditya Mittal will take over as Chief Executive Officer of ArcelorMittal, the world's leading steel and mining company his father Lakshmi N Mittal founded in 1976. ....

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Lakshmi N. Mittal to become Executive Chairman; Aditya Mittal appointed Chief Executive Officer

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Lakshmi N. Mittal to become Executive Chairman; Aditya Mittal appointed Chief Executive Officer
ArcelorMittal S.A.February 11, 2021 GMT

11 February 2021, 07:00 CET
The Board of Directors of ArcelorMittal today announces that Aditya Mittal, currently President, CFO and CEO ArcelorMittal Europe, will become Chief Executive Officer of the company.
Lakshmi N. Mittal, who founded the company in 1976 and is currently Chairman and CEO, will become Executive Chairman. In this position he will continue to lead the Board of Directors and work together with the CEO and management team. ....

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