Key points
- Alastair Holberton and Peter Looijen were appointed to the ODM board at its annual general meeting in Cape Town, with Holberton named chairman at a board meeting held immediately afterward.
- In June 1999, Namco announced its purchase of 34 per cent of ODM, which holds 20,078 square kilometres of concessions off Namibia and South Africa.
- In the year ended March 31, 1999, ODM produced 63,074 carats from three vessels operating off the coast of Namibia.
- ODM’s other board members include managing director Andre Louw, Michael Rose-Innes, Niel Hoogenhout and Peter Danchin, while Ivan Prinsep retired as chairman.
Namibian Minerals’ chairman and chief executive officer Alastair Holberton has been appointed
chairman of the board of Ocean Diamond Mining Holdings Ltd. (ODM), Southern
Africa’s third largest marine diamond mining group. Namco’s operations
director Peter Looijen has also been appointed to the board of ODM.
Mr. Holberton and Mr. Looijen were appointed at ODM’s annual general
meeting in Cape Town yesterday. At a board meeting held immediately after the
AGM Mr. Holberton was appointed chairman of the board.
In June, 1999, Namco announced its purchase of 34 per cent of ODM, a diamond mining
and exploration company holding 20,078 square kilometres of concessions off the coast of
Namibia and South Africa. In the year ended March 31, 1999, ODM announced
profitable production of 63,074 carats from its three vessels operating off
the coast of Namibia.
“These appointments foster stronger links between Namco and ODM,” said
Mr. Holberton. “Both companies are already profitably mining gem quality
diamonds from contiguous Namibian concessions.”
The other board members of ODM are Andre Louw, managing director, Michael Rose-Innes, Niel Hoogenhout and Peter Danchin. Ivan Prinsep
retired as chairman after many years valuable contribution.
