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CFO leaves Miranda amid dark times

8th January 2015

  

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JOHANNESBURG (miningweekly.com) – Troubled coal miner Miranda Minerals on Thursday announced that its interim CFO Adriaan Botha had resigned, effective January 8.

“The board is highly appreciative of Botha’s unselfish efforts to serve the company under very trying conditions. His dedication and commitment has not gone unnoticed. We collectively wish him success in his future endeavours,” the company said in a statement to shareholders.

In October, Mining Weekly Online reported that the board requested the JSE to suspend trade in its shares as the financially distressed coal exploration and development company had ceased doing business and could no longer meet its financial obligations. CEO John Wallington resigned the day prior to the suspension.

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Edited by Tracy Klückow
Creamer Media Contributing Editor

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