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New CEO and MD for Braemore

Braemore chairman David
Humann, who announced
the appointment
of Coetzer
Braemore Resources plc has announced the appointment of Leon Coetzer as managing director and CEO of the company with effect from 1 July 2008.

The announcement here today revealed that Coetzer will divide his time between Braemore and his existing employer – Anglo Platinum – under transitional arrangements until he takes up his position on a full-time basis on 1 September 2008.

Aged 38, Coetzer is a qualified chemical engineer. For the last 16 years he has been employed by Anglo Platinum – a group company of Anglo American plc – in South Africa. His current position is head of process control and instrumentation. He is also a member of the executive process committee, the research and development council, and advisor to the asset optimisation initiative of Anglo Platinum.

Throughout his career, Coetzer  has managed both technical and production units of large operations including both platinum concentrators and smelters. He was appointed the lead engineer for the design of the Anglo Group’s largest UG2 concentrator.

Announcing Coetzer’s appointment, Braemore chairman David Humann commented: “Braemore is extremely fortunate to gain the services of Leon. He brings with him unique knowledge and experience in the platinum industry. His expertise will greatly strengthen our capabilities to execute the strategy of growing company value through the development of both its platinum and nickel projects.”