RAPAPORT… De Beers has appointed Thembinkosi Moses Madondo as managing director of its South African and Canadian mining business, effective from January 1.
Madondo will succeed Nompumelelo “Mpumi” Zikalala as head of De Beers Group Managed Operations, which oversees mines in the two countries, the company said Tuesday. Zikalala is leaving to take on another position within Anglo American, De Beers’ parent company.
Madondo will join De Beers from AngloGold Ashanti, a global gold-mining company, where he is senior vice president for innovation and technology. He has 23 years of experience in the mining industry.
“He is the ideal candidate to lead our Managed Operations business as we continue the successful delivery of the $2 billion Venetia underground project in South Africa and maintain strong operational performance at Gahcho Kué mine in Canada,” said De Beers CEO Bruce Cleaver.
Image: Thembinkosi Moses Madondo. (De Beers)
De Beers Names Head of Managed Operations
The Bottom Line
- Thembinkosi Moses Madondo will lead De Beers Group Managed Operations, overseeing mines in South Africa and Canada.
- Madondo succeeds Nompumelelo Zikalala, who is moving to another role within Anglo American.
- Madondo brings 23 years of mining experience and joins from AngloGold Ashanti, where he was senior vice president for innovation and technology.
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