Changes to Black Mountain board

By | 2020-10-01T11:46:05+00:00 October 1st, 2020|

Vedanta Zinc International (VZI), has announced changes to its Black Mountain Mining (BMM) board with the appointment of Anil Agarwal, Vassi Naidoo and Pushpender Singla.

Anil Agarwal has joined Black Mountain Mining as chairman of the board. Image credit: Bloomberg.com

Anil Agarwal has joined Black Mountain Mining as chairman of the board. Image credit: Bloomberg.com

Anil Agarwal joins BMM as chairman of the board. Agarwal is a metals and mining magnate who turned a small scrap metal business into globally diversified natural resources conglomerate, Vedanta Resources. Vedanta is the sixth largest diversified natural resources company in the world and has operations in India, South Africa, Namibia, Zambia, and Australia.

“Vedanta is fully committed to expansion of our operations in South Africa. I am looking forward to contributing to this growth journey in partnership with the South African government and to be part of the larger vision that will continue to bring prosperity and transformation in the Northern Cape,” says Agarwal.

Naidoo has taken on the role of deputy chairman of the BMM board. He is currently the chairman of the Nedbank Group and Nedbank Limited and has previously served as CEO of Deloitte Southern Africa, vice chairman of Deloitte UK and board member of Old Mutual.

I am impressed with VZI’s activities in the Northern Cape that continue to have positive socio-economic ripple effects that extend beyond the mine complex. I intend to leverage my experience of corporate governance and doing business in emerging economies to further enhance VZI’s vision,” says Naidoo.

VZI CFO, Singla has also been appointed as director of the BMM board. He comes with 15 years of rich global mining experience and has been actively involved in driving VZI strategy since 2015.

VZI has also appointed Abiel Mngomezulu, former president and CEO of Mintek, as an executive member on its advisory committee. Mngomezulu, a trained geologist with a background in mineral economics and mineral policy, headed the mineral research organisation for a decade.  Prior to that, he was the deputy director-general of the mineral policy and promotion branch and a member of the Mintek board.