De Beers Group appoints managing director

De Beers Group has announced the appointment of Thembinkosi Moses Madondo as managing director of De Beers Group Managed Operations, effective from 1 January 2022.

The appointment follows the announcement that Nompumelelo ‘Mpumi’ Zikalala will leave the business to take up the position of CEO of Anglo American’s Kumba Iron Ore business.

Madondo joins De Beers Group from AngloGold Ashanti where he is currently senior vice president of Innovation and Technology. He is a mechanical engineer with 23 years of experience in the mining industry, having started at AngloGold in 1998.

Prior to his new role, he has held various senior and executive roles spanning engineering manager, process manager, general manager and senior vice president. 

De Beers Group said Madondo has demonstrable leadership experience and a track record of delivery, particularly in leading underground mining operations, and for achieving “impressive” safety performance across the operations within his portfolio. 

Additionally, Madondo has recently served on the Board of the Minerals Council South Africa and Rand Refinery Limited. 

Meanwhile, De Beers Group Managed Operations encompasses De Beers Group’s mining operations in Canada and South Africa.

Bruce Cleaver, CEO of De Beers Group, said: “Moses brings extensive knowledge of the mining sector, an innate understanding of strategy and innovation, and outstanding operational leadership. 

“He is the ideal candidate to lead our Managed Operations business as we continue the successful delivery of the $2bn (£1.5bn) Venetia Underground Project in South Africa and maintain strong operational performance at Gahcho Kué mine in Canada.”

He added: “His expertise will be essential as we continue to deliver the benefits of our FutureSmart Mining™ programme, while ensuring we remain steadfast on our ambitious Building Forever sustainability commitments. I’m delighted to welcome Moses to De Beers Group and look forward to working closely with him.”

source https://www.jewelleryfocus.co.uk/202738-de-beers-group-appoints-managing-director