Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Richland Resources appoints Anthony Brooke as new chief executive

A new strategic review will now be overseen by Brooke, looking at the Capricorn Sapphire mining, marketing and sales operations
gemstones
Brooke is described as a “leading expert in the gemstone industry”

Richland Resources Ltd (LON:RLD) has appointed Anthony Brooke as the company’s new chief executive with immediate effect.

Bernard Olivier now leaves his position and leaves the company to pursue his other interests.

READ: Richland books a further US$183,000 of sapphire sales, seeks new chief executive

Brooke was previously vice president of marketing and sales for Richland's wholly owned subsidiary, Capricorn Sapphire. He is described by the company as a “leading expert in the gemstone industry”

A new strategic review will now be overseen by Brooke, looking at the Capricorn Sapphire mining, marketing and sales operations. The aim will be to assess how the company can best leverage its position as the owner of one of the world's largest sapphire mines, Richland explained.

READ: Richland Resources notes signs of recovery in sapphire market

Mining operations will remain suspended, meanwhile, the company will also focus on its exploration programme, targeting a potential resource expansion.

"I am most pleased that Tony, with his wealth of gemstone industry knowledge and experience, has decided to take up the position of chief executive officer of the company and look forward to working closely with him,” said Edward Nealon, non-executive chairman.

View full RLD profile View Profile

Richland Resources Ltd Timeline

Related Articles

picture of diamonds
November 06 2017
Kareevlei is comfortably among the world’s top ten kimberlite mines on a dollar per carat basis
rubies
June 14 2017
Fosun said its 40.85p a share offer is a "compelling cash alternative"
Sapphires
August 07 2017
The Aussie sapphire and gemstone group reported a 66% rise in total income for the first half of 2017.

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2018

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use