[miningmx.com] – EXXARO Resources said the resignation of executive, Ernst Venter, had “no correlation” with the findings of a review which found the group had circumvented internal governance procedures when scoping out Mayoko, an iron ore project in the Republic of Congo (RoC).
Venter, who was head of growth, technology, projects, services and ferrous, will be leaving at the end of February. He had served Exxaro “with distinction”, the company said in an announcement today.
Before Exxaro, Venter worked at Kumba and Iscor representing a total period of some 40 years. “The executive committee and the board of directors of Exxaro expressed their sincere appreciation for his contribution during his 40 years,” the company said.