Company Moves Metals & Minerals News

Altus Strategies appoints Gérard De Hert as NED

Altus Strategies plc has appointed Gérard De Hert as a non-executive director (NED) of the company with immediate effect.

Mr De Hert is managing director (technical services) at La Mancha Holding S.à r.l, where he oversees the technical assessment of new and existing investments.

He has worked for more than 20 years on the appraisal and extraction of several of Africa’s largest epigenetic gold deposits.

Mr De Hert spent eight years with Endeavour Mining, where he held the role of senior VP exploration.

His other appointments have been with IAMGOLD, AngloGold Ashanti, and Randgold Resources (now Barrick Gold).

He was a non-executive director of Golden Star Resources, until its recent US$470 million acquisition by Chifeng Jilong Gold Mining Co. in January of this year.

Mr De Hert holds a Masters in mineralogy and geology from the Catholic University of Louvain as well as a Masters in mineral exploration from the University of Leicester.

He is a Qualified Professional (QP) registered with the Mining & Metallurgical Society of America, and is also registered with the European Federation of Geologists.

AGREEMENT

Altus added that his appointment was in accordance with the terms of the strategic investment agreement between La Mancha.

This grants certain shareholder rights, including the option to appoint up to two non-executive directors to Altus’s board.

On 6 April 2020, Altus appointed Karim Nasr, chief executive of La Mancha as the company’s first representative on its board.