The session comes in the course of RioZim’s liquidity having truly decreased by virtually 8% in its half-year effectivity by means of completed June 30, 2024, after losses broadened by virtually 50% over the very same period.
EMBATTLED miner, RioZim Limited’s (RioZim) has truly chosen Diedre Niehaus, as the pinnacle of its Legal, Human Resources and Administration with influence from July 1, 2024.
The session comes in the course of RioZim’s liquidity having truly decreased by virtually 8% in its half-year effectivity by means of completed June 30, 2024, after losses broadened by virtually 50% over the very same period.
For the half-year period, RioZim taped a lack of ZiG165,71 million, from a 2023 relative of ZiG110,48 million.
The loss was credited to a 27% lower in gold manufacturing by means of underneath testimonial.
“The board of directors of RioZim Limited is pleased to announce the appointment of Ms Diedre Niehaus, as the Head of Legal, Human Resources and Administration with effect from the 1st July 2024,” RioZim claimed, in a declaration on Monday.
“Ms Niehaus is a seasoned Legal Counsel who holds BComm (Law) and B-Proc LLB degrees (R.A.U) and is studying towards completing her LLM in International Trade and Investment Law. She has been engaged in the African mining/resources and oil & gas/energy sectors for the past 22 years, specialising in mining law, energy law, oil & gas law, general commercial law, mergers & acquisitions, and cross-border transactions.”
The final session by the board got here final month when Srilatha Cherukuri was chosen as a non-executive supervisor with influence from August 1, 2024.
Cherukuri is a licensed authorized accounting skilled with the Institute of Chartered Accountants of India and holds a Master of Commerce from Osmania University, Hyderabad.
Cherukuri has greater than 28 years of post-qualification expertise being consultants in audit, retail, airport terminal, PPP, industrial property, and services with reputed companies.
RioZim claimed Niehaus has truly moreover functioned as a purchase order guide in quite a few territories all through Africa, together with virtually all precious and base steels, hefty minerals, business minerals and the oil and fuel fields.
“She has held senior legal counsel and executive positions for resources companies listed on the AIM Market of London Stock Exchange and advised various international companies (NYSE, LSE, ASX, TSX and AIM listed) on the structuring of M&A transactions, tax issues, corporate, structured and project finance and cross-border transactions in the mining and oil & gas industry in Africa and the Middle East,” RioZim claimed.
“Diedre has served on the EXCO team of several mining houses such as Namakwa Diamonds, AREVA Resources (now Orano), AREVA Exploration Central Africa and Uranium One.”
