Media releases

DRD CFO appointed Dome Chairman

Details

Published: Wednesday, 10 May 2000 02:00

Durban Roodepoort Deep, Limited, (DRD) has announced the appointment of Mr Charles Mostert, Chief Financial Officer and Chief Executive Officer, DRD Australasia, as Chairman of Dome Resources NL. Durban Roodepoort Deep, Limited, (DRD) has announced the appointment of Mr Charles Mostert, Chief Financial Officer and Chief Executive Officer, DRD Australasia, as Chairman of Dome Resources NL.

Mr Mostert was appointed a Director of Dome Resources on 27 September 1999.

Mr Barry Bolitho, DRD Australasia Manager of Operations, has also been appointed to the Dome Resources Board as Executive Director, Operations.

DRD announced a takeover offer for all the shares in Dome Resources on 13 January
2000.

The appointments follow a Dome Resources Board meeting yesterday at which former Dome Resources Chairman, Mr Philip Kelso offered his resignation, and Mr Michael Silver resigned as Managing Director and was appointed a non-executive Director.

Mr Madiu Andrew was also appointed to the Board as a non-executive Director. Mr Andrew is the Managing Director of Mineral Resources Development Company Limited, an agency of the Government of Papua New Guinea.

Mr John Stratton, a Director of DRD Australasia, and Mr Michael Hutt, Executive Director and Company Secretary, have remained on the Board of Dome Resources.

DRD has acquired 72.5 per cent of all shares in Dome Resources NL.