Resource Mining Corporation Ltd (ASX:RMI) will be led by new CEO Andrew Nesbitt from January 16, 2023.
The qualified mining engineer is currently a consultant to RiverFort Global Capital Ltd and a director of AIM-listed RiverFort Global Capital Plc, a specialist provider of financing to junior companies.
Nesbitt has more than 25 years of experience in the natural resources sector and holds a BSc (Eng) Mining and an MBA.
Previous production and technical roles with De Beers and Goldfields and experience with a number of feasibility studies across the world with the leading technical consulting group SRK should prove invaluable to Resource Mining.
As CEO of Resource Mining Corporation, Nesbitt will use his skill sets to progress exploration and enhance the value of the company’s project portfolio in Tanzania and Finland.
Nesbitt will also manage funding programs.
He said of his new role: “I am honoured and thrilled to have the opportunity to lead this team, and to have the chance to work on such an exciting portfolio of projects.
"RMC has an unusually large number of very prospective targets, focusing on high value, high demand battery commodities.
"My experience sets me up well to oversee the advancement of each asset in a logical approach and I look forward to getting started in the new year.”
Progressing the company
The new CEO is an experienced investor, having worked as a partner and portfolio manager for Craton Capital Pty Limited, a global precious metals fund with in excess of US$400 million of assets under management.
Executive chairman Asimwe Kabunga said of Nesbitt’s appointment: “RMI is excited to have someone of Andrew’s calibre in this role. His broad and unique skill set covering technical and financial aspects makes him very well suited to progress the company.
“RMI has grown in scope recently to include three Finnish lithium and nickel projects to our Tanzanian nickel portfolio, and we think any one of the projects could be a company maker.
"We look forward to Andrew putting a systematic strategy in place to derive full value from the assets for investors.”