Patagonia Gold's Chairman Sir John Craven has retired after eight years on the board, the mining exploration company said Thursday.
The AIM listed company announced Deputy Chairman Carlos Miguens has taken over from Craven who stepped down Wednesday.
"On behalf of the Board, my family and myself, I would like to express my sincerest appreciation for Sir John Cravens contribution to Patagonia Gold as Chairman," Miguens said:
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"We are deeply grateful for his valuable support and guidance throughout these past years, he was key to building the company we have today. Sir John became a close friend and advisor throughout this time and we will miss his presence. I wish him all the best in his future personal and professional endeavours."
Further appointments will be made to the board over coming months.
Shares climbed 2.41% at 8:52 Thursday.
RD
-
Are the wealthy dodging more tax than previously thought?A new report suggests tax non-compliance among the wealthy could be worse than previously imagined. Is an overly complex system partly to blame?
-
Six out of 10 retirees who accessed a pension didn’t use Pension Wise - how does the guidance service work?Many pension savers don’t bother using the free government-backed service Pension Wise. So, how does it work, and could it be useful for you?
