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GLOBE METALS & MINING LIMITED — Board/Management Information 2024
Jan 9, 2024
64965_rns_2024-01-09_3f0b8e6c-8ccb-4f0d-9667-847987ceea0b.pdf
Board/Management Information
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----- Start of picture text ----- Globe Metals & Mining Limited ASX: GBEABN 33 114 400 609 +61 8 6118 724045 Ventnor Avenue [email protected]West Perth WA 6005 globemm.com----- End of picture text -----
ASX Announcement
10 January 2024
Appointment of Chief Operating Officer
Globe Metals & Mining Limited (ASX: GBE) (“ Globe ” or “ Company ”) is pleased to announce the appointment of Mr Paul Smith as its Chief Operating Officer effective immediately.
Mr Smith has over 30 years’ experience as a senior mining industry executive across exploration, feasibility, project development, and operations management on a global platform. He has extensive experience with start-up and turnaround strategies, leveraging significant expertise in stockbroking, corporate finance, and project funding in delivering key business objectives.
Mr Smith has previously held senior executive positions with Aquarius Platinum Limited (now part of Sibanye Stillwater Limited), Weiszwe Platinum Limited, and more recently Impala Platinum Holdings Limited.
Mr Smith has a Bachelor of Science, Geology & Chemistry from Rhodes University (South Africa), a Bachelor of Commerce (Hons) from Stellenbosch University (South Africa), a Graduate Diploma in Extrac�ve Metallurgy from Camborne School of Mines (United Kingdom), and a Master of Business Administra�on from Stellenbosch University (South Africa).
Commenting on Mr Smith’s appointment, Globe’s Chief Executive Officer Grant Hudson said:
“The appointment of Paul Smith as COO is a significant milestone in the evolution of Globe from junior explorer to operating mining company. Paul is a senior figure in African mining circles and has substantial mining expertise and broad experience in capital markets and he will play an extremely important role in the continued development of Globe as a world-class supplier of strategic metals. We are excited to have him on board.”
This announcement was approved by the Board of the Company.
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For further information, please contact:
Grant Hudson Chief Executive Officer +61 8 6118 7240 [email protected]
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About the Kanyika Niobium Project
The Kanyika Niobium Project is located in central Malawi, approximately 55km northeast of the regional centre of Kasangu and is secured by Large-Scale Mining Licence No. LML0216/21 which grants the Company security of tenure and the right to mine niobium, tantalum, and deleterious uranium.
mineralisa�on. Structured and progressive engineering studies have resulted in the current (JORC 2012) Mineral Resource Es�mate (refer below) and given rise to significant improvements and simplifica�ons in the process
In addi�on, Globe has undertaken substan�al metallurgical op�misa�on work and commissioned the pilot plant design work to demonstrate and further op�mise metallurgical processes. Metallurgical op�misa�ons studies have improved recoveries from 62% in 2012 to 75% today, through novel patented metallurgical processes.
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The Kanyika opera�ons will produce a pyrochlore mineral concentrate that contains both niobium and tantalum in commercially valuable volumes to be shipped to a refinery for advanced processing into high purity materials.
A Mineral Resource Es�mate for the Kanyika Niobium Project under the 2012 JORC guidelines was reported to ASX on 11 July 2018 as follows:
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Table 1: MRE for KNP using a 1,500 ppm Nb2O5 lower cut Table 2: MRE for KNP using a 3,000 ppm Nb2O5 lower cut
| Category | Resource(Mt) | Nb2O5 (ppm) | Ta2O5(ppm) | Category | Resource(Mt) | Nb2O5 (ppm) | Ta2O5(ppm) | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Measured | 5.3 | 3,790 | 180 | Measured | 3.4 | 4,790 | 220 | |||
| Indicated | 47 | 2,860 | 135 | Indicated | 16.6 | 4,120 | 160 | |||
| Inferred | 16 | 2,430 | 120 | Inferred | 2.8 | 4,110 | 190 | |||
| TOTAL | 68.3 | 2,830 | 135 | TOTAL | 22.8 | 4,220 | 190 |
Mineral Resource Es�mates
The informa�on in this report that relates to Mineral Resources is extracted from the report �tled “Kanyika Niobium Project – Updated JORC Resource Es�mate” released to the Australian Securi�es Exchange (ASX) on 11 July 2018 and available to view at www.globemm.com and for which Competent Persons’ consents were obtained. Each Competent Person’s consent remains in place for subsequent releases by the Company of the same informa�on in the same form and context, un�l the consent is withdrawn or replaced by a subsequent report and accompanying consent.
original ASX announcement released on 11 July 2018 and, in the case of es�mates of Mineral Resources, that all material assump�ons and technical parameters underpinning the es�mates in the original ASX announcement con�nue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Persons’ findings are presented have not been materially modified from the original ASX announcement.
Full details are contained in the ASX announcement released on 11 July 2018 �tled “Kanyika Niobium Project – Updated JORC Resource Es�mate” available to view at www.globemm.com.
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