Diamond Fields Resources Inc. has appointed Jean Lindberg Charles as chief financial officer and secretary of the company, with effect from March 19, 2018. Mr. Charles replaces Earl Young who is stepping down as chief financial officer and the company is pleased that it will continue to benefit from Mr. Young’s expertise in his new role as vice-president of investor relations.
Mr. Charles is an experienced CFO and financial manager with more than 20 years of relevant experience in the mining industry across Africa. Prior to joining the company he was CFO of Afritex, a group engaged in the harvesting of fish and other seafood in Mauritius and Mozambique for export worldwide. Prior to working for Afritex he was general manager of Raphael Fishing Co. Ltd., a public company operating commercial and sports fishing in Mauritius.
Between 2005 and 2014, Mr. Charles held a number of senior positions, including CFO, at Sierra Rutile Ltd., an Alternative Investment Market-listed mining company producing rutile and zircon in Sierra Leone that was acquired by Iluka Resources in 2016. While at Sierra Rutile, Mr. Charles was involved in a range of key financial and strategic initiatives including raising $25-million (U.S.) of debt finance, a $25-million (U.S.) equity capital raising and the disposal of a non-core bauxite mine for $40-million (U.S.). He also led a complex insurance claim process which successfully recovered $10-million from insurers.
Mr. Charles started his career as an auditor and worked for companies including EY before joining Le Meridien Hotels and Resorts.
Sybrand Van Der Spuy, chief executive officer of Diamond Fields, said: “We are delighted to have appointed Lindberg as CFO. He brings significant, relevant experience in mineral sands production and project financing which will be invaluable to our Beravina project.
“I would also like to thank Earl Young for his years of dedication to the company as its CFO. We welcome his further support as the company’s new vice-president, investor relations. We look forward to continuing to benefit from Earl’s knowledge and expertise.
“We are now near completion of process to assemble our new senior management team following recent appointments and expect to confirm a further position in early Q2 2018.”
For clarification, the officers and directors of the company are now as follows:
Sybrand van der Spuy: CEO, president and director;
Jean Lindberg Charles: CFO, secretary;
Earl Young: VP, investor relations (non-executive), and director;
Al Gourley: chairman (non-executive) and director;
Norman Roderic Baker: director;
Francois Colette: director;
Bertrand Boulle: director;
David Reading: director.
- Sybrand van der Spuy: CEO, president and director;
- Jean Lindberg Charles: CFO, secretary;
- Earl Young: VP, investor relations (non-executive), and director;
- Al Gourley: chairman (non-executive) and director;
- Norman Roderic Baker: director;
- Francois Colette: director;
- Bertrand Boulle: director;
- David Reading: director.
