Simmer & Jack Mines, Limited - Press Release
Simmer & Jack Mines, Limited
(Incorporated in the Republic of South Africa)
(Registration number 1924/007778/06)
Share code: SIM ISIN: ZAE000006722
(`Simmers` or `the Company`)
ISSUED ON BEHALF OF SIMMER & JACK MINES, LIMITED
6 May 2005
GORDON MILLER TO FOCUS ON SIMMER & JACK MINES
Gordon Miller has resigned from the boards of Western Areas Limited and Randgold
& Exploration Company Limited (RG&E) in order to focus on his role in gold miner
Simmer & Jack Mines, Limited (Simmers).
Miller, who heads up Simmers, said that he had taken the step in order to focus
on the main task at hand: `I am devoting all my energy to ensuring that Simmers
achieves its goal of becoming one of South Africa`s leading producers over the
next few years.`
Speaking of his plans for Simmers, Miller said they were examining a number of
projects, including the bid for DRDGold`s former North West assets.
`Our aim is to propel Simmers from a small, 10 000 ounce a year producer to a
400 000 ounce producer in the next three to five years. Additionally, we are in
the process of finalizing a rights issue which will see Simmers become the first
black-controlled producing gold mining company listed on the JSE,` he added.
`Our vision is to achieve long-term sustainability for our assets, and a
critical component of that is our pact with State, Labour and Capital.`
Brett Kebble, chief executive of both Western Areas Limited and RG&E said that
Miller had made a huge contribution to setting the stage for the turn around at
Western Areas: `Gordon has played a key role in putting the Joint Venture back
on track at South Deep and I know we will be able to call upon his vast
experience in the future.`
Kebble added that Western Areas would be appointing another independent director
and that there would also be future independent appointments at RG&E.
Born on 12 September 1961, Miller has had 24 years` experience in the gold
mining industry having occupied senior executive management positions both
locally and abroad. He is a registered professional mining engineer and is a
member of the South African Institute of Mining and Metallurgy. Since 1994
Miller has gained valuable executive experience whilst performing operational
leadership roles in South Africa, Canada and Western Australia.
FOR FURTHER INFORMATION, PLEASE CONTACT GAIL STRAUSS ON 084 777 4060.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
