Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Debswana Diamond Company today announced that Managing Director Mr Balisi Bonyongo will retire from the business with effect from 30 November 2018, following 26 years of dedicated service to the organisation.
The Shareholders of Debswana have appointed Mr Albert Milton, currently General Manager of Jwaneng Mine, to take over as the company’s Managing Director with effect from 1 December 2018. The Shareholders have requested Balisi to stay on for three months as a consultant to ensure a smooth leadership transition.
Balisi was appointed as Managing Director on 1 January 2014 and his leadership has seen Debswana record unprecedented performance across a number of business areas, including safety, operational performance and strategic development.
