Burgundy Diamond Mines managing director Peter Ravenscroft has resigned from the Australian company with immediate effect.
The board has appointed Kim Truter, who became nonexecutive chairman of the miner in December 2021, as interim CEO, Burgundy said last week.
Truter has over 30 years of experience in the alluvial and underground mining sector. He has also held executive positions at De Beers in Canada and with Rio Tinto’s diamond unit in Australia.
Meanwhile, Michael O’Keefe, who has been a nonexecutive director since 2017, will take over as executive chairman. He is the former CEO and current executive chairman of Champion Iron, which operates an iron-ore project in Canada. Burgundy has not announced whether it is looking for a long-term successor for Ravenscroft.
Image: Peter Ravenscroft. (Burgundy Diamond Mines)