The Board of Titanium Resources Group Ltd is pleased to announce that it today appointed Michael Brown as a Non-Executive Director of the Company with immediate effect.
Mr. Brown is the Chief Operating Officer of De Beers Consolidated Mines Ltd (“DBCM”), the South African mining operation of the De Beers Group. Mr. Brown has worked at De Beers since 1990, holding a number of senior positions including Head of Strategic Business Development at DBCM, General Manager of the Finsch Mine and Mine Manager at NAMDEB.
He has held his current position since June 2008, and is accountable to the Managing Director and DBCM Board for all operations in South Africa, including: production at 5 separate mines, the delivery of construction projects, strategic business development and health, safety and environmental control.
Mr. Brown has managed a number of significant projects at De Beers including the restructuring of DBCM in 2009 in response to the global financial crisis, the construction and early delivery of the R1.3 billion Voorspoed mine and the design and implementation of a new business model for DBCM.
Mr. Brown has over 25 years experience working across the African mining sector, having graduated from the University of the Witwatersrand with a B.Sc. in Mining Engineering.
Mr. Brown is a registered Professional Engineer (Pr. Eng) with the South African Council of Professional Engineers and a member of the South African Institute of Mining and Metallurgy.
Mr. Brown was nominated to the Board by Pala Investment Holdings Limited (“Pala”) under the terms of the agreement with TRG announced on 15 September 2010 following Pala’s investment in the Company.
Wayne Malouf, Executive Chairman, said:
“I would like to take this opportunity to welcome Michael to the Board of TRG. His extensive experience of operating mines across Africa will be invaluable for the Company.”