The chairman of Rossing Uranium mine, Johannes !Gawaxab is leaving.
!Gawaxab, has informed the board that he intends to resign from the board of the company in order to focus on other business commitments.
!Gawaxab said: “It has been a great privilege to chair Rössing over the past two years, during which time I have worked with some outstanding people across the business. Unfortunately, the expansion in activities of the private equity fund that I co-founded makes it increasingly difficult for me to dedicate sufficient time and effort to perform my duties as chairman of the Rössing board.”
!Gawaxab joined the Rössing board in November 2015 and the company says in a statement, he will remain chairman until such time that a successor has been appointed and a smooth handover has taken place.
About Rössing Uranium
Uranium was discovered in the Namib Desert in 1928, but it was not until intensive exploration in the late 1950s that much interest was shown in the area. After discovering numerous uranium occurrences, Rio Tinto secured the rights to the low-grade Rössing deposit in 1966. Ten years later, in 1976, Rössing Uranium, Namibia’s first commercial uranium mine, began operating and celebrated its 40th year of production in 2016.
About Rio Tinto
Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and NYSE listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.
Rio Tinto’s business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, energy (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt) and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and Africa.