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The Life of Brett Kebble

Posted: Wed, 28 Sep 2005

[miningmx.com] -- Brett Kebble was shot dead in Johannesburg on Tuesday night marking a tragic end to a dramatic life.


1964Born in Springs, South Africa
1981Obtains a first-class Matric from St Andrews School in Bloemfontein
1988Graduates with a law degree from the University of Cape Town
1991Joins his father, mining engineer Roger Kebble, to purchase a controlling stake in Rand Leases Gold Mining
1994Helped engineer the takeover of Randgold & Exploration
1995Purchased a controlling stake in JCI
1998Sold half of Western Areas' South Deep mine to Placer Dome
2002JCI merges with Consolidated African Mines
Jan 2002Resigns as a director of Western Areas after allegations of share price manipulation in order to repel the hostile takeover of Randfontein Estates Mining by Harmony Gold
Oct 2002Brett Kebble rejoins Western Areas' board as CEO
May 2004Western Areas axe South Deep bosses as profits slump 94%
Feb 2005Western Areas lists ADR programme on NYSE
1 Jul 2005Western Areas informs shareholders that its current liabilities exceed assets by R394m and announces a R730m rights issue
20 Jul 2005Nasdaq rebukes Randgold & Exploration for late submission of annual results
27 Jul 2005Roger Kebble resigns as a director of Western Areas
1 Aug 2005JCI and Randgold & Exploration suspended from the JSE for the late submission of annual results
8 Aug 2005Miningmx breaks the news that Brett Kebble has been asked to relinquish his executive duties by financiers
Aug 2005The media speculates about Kebble's fate, comments on the 'house of cards' effect his ousting may have on associated empowerment firms and who his successor/s will be.
19 Aug 2005JCI releases a statement advising that agreement in principle has been reached regarding debt financing and a management and board restructure
30 Aug 2005Brett Kebble resigns as CEO of JCI, Western Areas and Randgold & Exploration, but remains a non-executive director of JCI. Peter Gray is appointed as CEO of JCI and Randgold & Exploration. WAL reports that it is in discussion with a number of potential candidates to take over the reigns from Brett.
27 September 2005Brett Kebble is shot dead in Johannesburg on Tuesday night. Police say indications are that it was "a hit."

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