Bushveld Minerals Limited (BMN)

Sector:

Mining

Index:

FTSE AIM All-Share

1.60p
   
  • Change Today:
      0.25p
  • 52 Week High: 5.50
  • 52 Week Low: 1.07
  • Currency: UK Pounds
  • Shares Issued: 2,311.02m
  • Volume: 4,336,289
  • Market Cap: £36.98m
  • RiskGrade: 299

Bushveld brings in De Beers veteran to replace co-founder as CEO

By Josh White

Date: Wednesday 21 Jun 2023

LONDON (ShareCast) - (Sharecast News) - Integrated vanadium producer Bushveld Minerals announced the appointment of Craig Coltman as its new chief executive officer on Wednesday.
The AIM-traded firm said Coltman would bring a wealth of experience in the mining industry with him, having served a 32-year tenure with De Beers Consolidated Mines, where he held various operational and commercial roles.

His most recent position at De Beers was that of chief financial officer and executive director, while he currently served as the chairman of the De Beers Pension Fund.

From 1 July, Coltman would assume the role of CEO and join the board, succeeding Bushveld co-founder Fortune Mojapelo, who had led the company for more than 11 years.

Bushveld said Mojapelo played a pivotal role in transforming the organisation from an exploration company into a fully-fledged primary vanadium producer.

Both Mojapelo and the board reportedly agreed that the present moment presented an opportune time for a leadership transition, to guide the company through its next phase of development.

During the transitional period, Fortune Mojapelo would work closely with Craig Coltman to ensure a seamless handover of responsibilities.

"The board is appreciative of Fortune's visionary entrepreneurship in building a significant new vanadium business and gives its sincere thanks for his dedicated service over the past years," said chairman Michael Kirkwood.

"The board is delighted to have attracted an executive of Craig's experience and qualities to Bushveld.

"He is a strategically focused change-leader with a strong track record across multiple disciplines - we look forward to supporting him in realising the embedded value within the group."

At the close on Wednesday, shares in Bushveld Minerals were down 13.89% at 3.1p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BMN Market Data

Currency UK Pounds
Share Price 1.60p
Change Today 0.25p
% Change 18.52 %
52 Week High 5.50
52 Week Low 1.07
Volume 4,336,289
Shares Issued 2,311.02m
Market Cap £36.98m
RiskGrade 299

BMN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
83.08% above the sector average83.08% above the sector average83.08% above the sector average83.08% above the sector average83.08% above the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average
Income Not Available
Growth
Market averageMarket averageMarket averageMarket averageMarket average
12.50% above the sector average12.50% above the sector average12.50% above the sector average12.50% above the sector average12.50% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BMN Dividends

No dividends found

Trades for 21-Feb-2024

Time Volume / Share Price
16:30 200,000 @ 1.65p
16:28 270 @ 1.70p
16:27 8,659 @ 1.55p
16:10 200,000 @ 1.55p
16:07 200,000 @ 1.55p

BMN Key Personnel

CEO Craig W Coltman

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