Gilboa Properties Limited - Appointment Of Prof. C
Gilboa Properties Limited
Chris Cloete, a mining engineer and businessman, will transform a property
company to a mining company as the newly appointed executive deputy chairman of
Gilboa. He was previously MD of Sasol Coal and director of the University of
Pretoria's business school.
He has already started assessing Gilboa's conditional purchases of the
Monestary diamond mine in Free State, its Eagle joint venture with the
Tanzanian Defence Force and other prospects. The company, listed on the
development capital sector of the JSE, is still under a cautionary after
recently announcing that it would acquire mining interests and transfer to the
mining sector.
Gilboa, through Cloete, has appointed KPMG as auditors and consultants and
Mabex as consulting geologists.
Issued by Gilboa Properties Ltd.
For further information contact Chris Cloete at 082 651 5000
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