Jubilee Metals Group PLC appoints mining and corporate finance veteran Oliveira as chairman

Jubilee Metals Group PLC (AIM:JLP, JSE:JBL, OTC:JUBPF) has announced that it has appointed Manuel Lino Silva de Sousa Oliveira (Ollie) as Independent Non-Executive Chairman effective June 1, 2022.

Colin Bird, the founder of Jubilee, previously announced his intention to step down as chairman to pursue various initiatives outside of the metals processing business. Bird will still have an advisory role for two years, helping with special projects.

Oliveira, a chartered accountant and economist with over 35 years of strategic and operational experience worldwide in the mining industry and corporate finance, has been appointed as an independent non-executive director of Jubilee with immediate effect.

Oliveira has held senior positions at Anglo American PLC (LSE:AAL) and has led and managed corporate finance engagements totaling over US$36 billion spanning all major commodities including public- private De Beers of US$19.3 billion in 2001.

He is currently a non-executive director and chairman of the audit committee of Vale SA in Brazil and has held non-executive positions at BlackRock World Mining Trust PLC, Polymetal International PLC (LSE: POLY) and Antofagasta Minerals PLC.

“Ollie’s experience will be invaluable to our business given his extensive experience, industry knowledge and deep understanding of financial markets as the rollout of our global metals processing strategy continues. continues this year and beyond,” said general manager Leon Coetzer. .

The company also said chief financial officer Pedja Kovacevic would become chief strategy officer (CSO) to focus on the group’s global expansion and named Peet van Coller as its new chief financial officer.

Additionally, Jubilee named Joh. Berenberg, Gossler & Co KG as joint corporate broker alongside its existing brokers with immediate effect.

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