It is proposed that mining veteran Sam Jonah be appointed to the board of Scharrig Mining as chairperson.
Current chairperson Dines Gihwala will remain on the board as deputy chairperson.
Gihwala said: ,The board resolved to position Scharrig Mining
as a pan-African mining services company and recognised the Geosearch
acquisition and the meaningful participation of Sam Jonah
as critical to realise this vision.,Consequently the board invited Sam to join the Board as Chairman and increase his shareholding in the company.
We are delighted that he
accepted our invitation on both counts.,Jonah
added: ,I have been invested in Scharrig
since April 2005 through the Sankofa Trust
and have witnessed the company's steady growth in earnings and dividend flow over the past years.