Jubilee Metals Group PLC (AIM:JLP, JSE:JBL, OTC:JUBPF) has boosted its management team with two new appointments to support its growth strategy.
The metals processing specialist with operations in Africa has named Neal Reynolds as chief financial officer (CFO) from 1 October and appointed Ricus Grimbeek to lead Jubilee's expansion drive into energy metals with a specific focus on the roll-out of the company's Zambian copper strategy.
Reynolds has more than 14 years of experience in mostly Africa-focused mining and metals operations and was most recently chief operational officer at Chemaf, an established copper and cobalt producer in Congo.
He was previously CFO of Mopani Copper Mines and later became CFO of Glencore Copper Africa.
Pedja Kovacevic, the current acting CFO, will continue in his role as chief of strategy and advisory once Reynolds joins the firm.
Grimbeek is a mining engineer and has more than 30 years of experience in the mining industry, holding various executive management and technical roles with global mining houses.
In addition to these appointments, Jubilee has expanded its executive and senior leadership to coincide with the expansion of the company's operations and strategic focus.
The new structure entails the formation of a strategic executive committee, comprising five members including Leon Coetzer the chief executive officer, along with the chief of operations, chief of strategy and advisory, chief of energy metals, and the CFO.