The Board of Bushveld Minerals announced the appointment of Craig W. Coltman as Chief Executive. Craig has vast experience in the mining industry. He served a distinguished 32 years with De Beers Consolidated Mines in operational and commercial roles with his most recent role being that of Chief Financial Officer and as Executive Director.

Craig is also the Chairman of De Beers Pension Fund. Craig will become Chief Executive, and join the Board, with effect from 01 July 2023, the date on which Fortune Mojapelo will step down as Chief Executive. Fortune is a co-founder of Bushveld and has led the business as Chief Executive for more than 11 years.

Having helped build the Company from an exploration company to a fully-fledged primary vanadium producer, Fortune and the Board agree it is an opportune time for a leadership transition to steer the Company to its further development. Fortune will work closely with Craig during a transitional period in order to facilitate a smooth handover.