- Resource Mining (RMI) appoints Andrew Nesbitt as its next CEO, effective from January 16, 2023
- Mr Nesbitt is a mining engineer by trade with over 25 years of experience in the natural resources sector
- As CEO, the company said Mr Nesbitt will be fully leveraging his rich set of experiences to progress exploration and enhance the value of the company’s project portfolio
- His remuneration package includes a $255,000 salary plus superannuation with five million performance rights
- Shares in Resource Mining are down 8.6 per cent to trade at 8.5 cents at 11:55 am AEDT
Resource Mining (RMI) has appointed Andrew Nesbitt as its next CEO, effective from January 16, 2023.
Mr Nesbitt is a mining engineer by trade and is currently a consultant to RiverFort Global Capital and a Director of RiverFort Global Capital, a specialist provider of financing to junior companies.
With over 25 years of experience in the natural resources sector, he has held various production and technical roles with both De Beers and Goldfields.
Additionally, Mr Nesbitt has carried out a number of feasibility studies across the world with technical consulting group SRK.
Resource Mining Executive Chair Asimwe Kabunga said the company is excited to have someone of Mr Nesbitt’s calibre in the role.
“His broad and unique skill set covering technical and financial aspects makes him very well suited to progress the company,” Mr Kabunga said.
“RMI has grown in scope recently to include three Finnish lithium and nickel projects
to our Tanzanian nickel portfolio, and we think any one of the projects could be a
company maker.”
As CEO, the company said Mr Nesbitt will be fully leveraging his rich set of experiences to progress exploration and enhance the value of the company’s project portfolio covering Tanzania and Finland.
Commenting on his own appointment, Mr Nesbitt said his experiences sets him up well to oversee the advancement of each company asset in a logical approach.
“I am honoured and thrilled to have the opportunity to lead this team, and to have the chance to work on such an exciting portfolio of projects,” Mr Nesbitt said.
“RMC has an unusually large number of very prospective targets, focusing on high value, high demand battery commodities.”
His remuneration package includes a $255,000 salary plus superannuation with five million performance rights.
Shares in Resource Mining were down 8.6 per cent to trade at 8.5 cents at 11:55 am AEDT.