Kopane Diamond Developments PLC (AIM: KDD) said former chairman Anthony Williams has resigned from the board with immediate effect to pursue other interests.
The company is currently focusing on completing the definitive feasibility study at their Lesotho diamond project. Measures to conserve cash the company has taken include the non-executive directors waiving their fees until the DFS is completed and the executive directors agreeing to reduce their salaries.
Total payments to directors have reduced by over 50 percent.