https://newsletter.mw.creamermedia.com
Business|Construction|Engineering|PROJECT|Projects
Business|Construction|Engineering|PROJECT|Projects
business|construction|engineering|project|projects

Hathorn to step in as interim CEO at Kore

31st October 2023

By: Creamer Media Reporter

     

Font size: - +

Brad Sampson will step down as CEO of Aim- and JSE-listed Kore Potash at the end of November, with chairperson David Hathorn to assume the role of CEO in the interim.

Kore, which owns the Kola and DX potash projects, in the Sintoukola basin, in Congo-Brazzaville, says Sampson has resigned to pursue other business interests.

The company does not intend to appoint a new CEO until after the receipt of the financing proposal for the construction of the Kola project.

The process to reach agreement on engineering, procurement and construction (EPC) contract terms, and to receive a financing proposal for the full construction cost of the Kola project, is near completion and is expected to be finalised during the first quarter of 2024, with construction contractors scheduled to be mobilised during the first half of next year.

"The board and management team of Kore Potash would like to thank Brad for his leadership and valuable contribution to the company over the last five years. We wish Brad every success in the future," Hathorn comments.

Meanwhile, the company has also raised $2.5-million through the issue of 542.25-million new shares, with the proceeds to be used to advance work that is expected to lead to delivery of an EPC contract for the Kola project.

 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Industrial Nozzles & Systems (Pty) Ltd
Industrial Nozzles & Systems (Pty) Ltd

Industrial Nozzles & Systems (Pty) Ltd (Est. 2000) exclusive representative in Southern Africa for LECHLER GmbH (Est. 1879) - Europe's leading...

VISIT SHOWROOM 
ALBIS FLANGES (Pty) Ltd
ALBIS FLANGES (Pty) Ltd

ALBIS FLANGES — founded in 1965 — is a petro-chemical approved manufacturer of flanges and fittings in most grades of steel, listed with Sasol,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

MINROM Consulting CEO Oscar van Antwerpen talks to Mining Weekly ahead of the Investing in African Mining Indaba in Cape Town.
MINROM highlights value-driven mining solutions at Mining Indaba
9th February 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.146 0.229s - 128pq - 2rq
Subscribe Now