Simmers Appoints New Chief Financial Officer
Simmer And Jack Mines, Limited
(Incorporated in the Republic of South Africa)
(Registration number 1924/007778/06)
("Simmers") or ("the Company")
Share code: SIM
ISIN: ZAE000006722
PRESS RELEASE
SIMMERS APPOINTS NEW CHIEF FINANCIAL OFFICER ("CFO")
Gerhard Jacobs (42) has been appointed as the new CFO of Simmer & Jack Mines,
Limited, with effect from November 1, 2005.
Formerly with Placer Dome Canada, Jacobs has spent most of his career in the
mining industry, specifically in the gold and chrome sector. A CPA, he holds a
Bachelor in Accounting (Potchefstroom University, 1985), an MDP from Unisa
(1995) and an MBA (Potchefstroom University, 1999).
Prior to taking up the post of team lead: finance, for Placer Dome Canada,
Jacobs spent almost two years as financial and administration manager of the
Placer Dome /Western Areas Joint Venture. He combines a solid background in
company tax with a broad understanding of the mining industry having held
positions at Anglo Platinum Shared Services, Mozal S.A.R.L Smelter and Samancor
Tubatse Ferrochrome. His first mining appointment was as management accountant
for Buffelsfontein Gold Mining Company Limited, in 1992, which operation Simmers
has just acquired.
"I like Simmers" strong entrepreneurial approach to business. It is at an
important phase in its growth and acquisition strategy and I look forward to the
challenges ahead of us," said Jacobs.
Gordon Miller, Simmers chief executive, said that the appointment of a dedicated
CFO is a very important step in Simmers" commitment to ensuring the highest
levels of corporate governance.
"I have no doubt that Gerhard will make a substantial contribution to the growth
and development of the company," said Miller.
FOR FURTHER INFORMATION PLEASE CONTACT GAIL STRAUSS on 084 777 4060 OR LUCY
CORKIN ON 082 850 4774.
2 November 2005
Date: 02/11/2005 10:37:42 AM Produced by the JSE SENS Department
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