Northam Platinum’s board has received an injection of fresh blood, with the departure of chairman Lazarus Zim after a decade in the position, and the inclusion of former Impala Platinum CE David Brown as a nonexecutive director to steer the investment committee. Northam has a powerful board including the former heads of major platinum groups. It is chaired by Brian Mosehla, a merchant banker who has been with Northam since August 2015 and represents the JSE-listed empowerment vehicle Zambezi Platinum, the holder of 31.4% of the JSE-listed miner. Brown, CE of Coal of Africa, returns to platinum as a non-executive director and chairman of Northam’s investment committee, which looks for opportunities to grow the platinum miner. It has already concluded four company-changing deals. Brown said his time at Coal of Africa had given him useful experience in deal-making and assessing assets, not to mention his time as CE and chief financial officer of Impala Platinum (Implats), the world’s s...
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