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Stuart Murray to step down as platinum group metals company chair

Incoming Sylvania chairperson Eileen Carr.

Outgoing Sylvania chairperson Stuart Murray.

9th November 2023

By: Martin Creamer

Creamer Media Editor

     

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JOHANNESBURG (miningweekly.com) – London Aim-listed platinum group metals (PGMs) company Sylvania on Thursday announced that chairperson Stuart Murray will step down at year-end, when he will be replaced by Eileen Carr, currently nonexecutive director and chairperson of the audit committee.

Sylvania’s core business is the retreatment of PGMs-bearing chrome tailings.

During Murray’s tenure as chairperson, milestones included Project Echo doubling production, PGMs operational life being extended, the balance sheet being strengthened and the share register tightened through share buybacks and register tidying following the ASX delisting.

Capping his tenure, Mining Weekly is informed, was the establishment of the recently announced joint venture (JV) between Sylvania Metals and Limberg Mining Company, known as the Thaba JV.

“We have an exceptional team in place, poised to deliver on the Thaba JV and other initiatives,” said Murray.

“I look forward to building on the remarkable legacy,” said Carr.

“We have a well-defined path forward,” added Sylvania CEO Jaco Prinsloo.

Carr brings more than 35 years of professional expertise within the global resources sector which includes serving as CFO at Cluff Resources and Monterrico Metals plc. Carr is currently also nonexecutive chairperson of Oriole Resources plc.

Edited by Creamer Media Reporter

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