Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Metals Exploration taps Nick von Schirnding for chairman

(Sharecast News) - Gold producer Metals Exploration said on Monday that it has appointed Nick von Schirnding as chairman, with immediate effect. Metals Exploration said von Schirnding brings "significant experience" across successful strategic development, M&A, and corporate governance, including within the UK regulatory framework. Before joining the firm, he worked extensively in the Far East, South America and Africa.

The AIM-listed group added that von Schirnding, who will replace interim chairman Steven Smith, currently acts as the executive chairman of Arc Minerals. Previously, von Schirnding was chief executive of Asia Resource Minerals and prior to this, he held senior roles at both Anglo American and De Beers.

Steven Smith said: "We are delighted to welcome Nick to the board as the company's new chair. Nick is a highly regarded mining professional and brings a wealth of expertise to Metals Exploration. We look forward to working with him as we continue our strategy of growing MTL in the Philippines as well as creating value through expanding our portfolio in the country."

As of 1200 GMT, Metals Exploration shares were down 0.59% at 4.03p.

Reporting by Iain Gilbert at Sharecast.com

Share this article

Related Sharecast Articles

Goldman Sachs to scrap bonus cap for UK dealmakers
(Sharecast News) - Goldman Sachs will remove a cap on bonuses for its London-based staff, according to Sky News, with the firm now set to resume making multi-million-pound payouts to its top-performing traders and dealmakers.
Gazprom swings to $6.9bn loss as Europe sales plunge
(Sharecast News) - Russia's natural gas heavyweight Gazprom swung to huge loss in 2023 after sales to Europe dropped due to Western sanctions on Moscow.
London cabbies launch £250m legal action against Uber
(Sharecast News) - Uber Technologies is facing legal action on behalf of more than 10,500 London black cab drivers, it was confirmed on Thursday.
Peloton announces CEO departure; to cut 15% of workforce
(Sharecast News) - Peloton announced the departure of its chief executive on Thursday, alongside plans to cut around 15% of its workforce amid a restructuring programme aimed at reducing annual expenses by more than $200m.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.