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Three directors leave Ncondezi Energy

Staff writer |
London, United Kingdom - February 18, 2014, London, United Kingdom - Ncondezi Energy Limited announced that Graham Mascall, Mark Trevan and Nigel Sutherland have decided to tender their resignations as non-executive directors.

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Mr. Mascall has more than 35 years of commercial, financial, and transaction experience in mergers and acquisitions, business development and project management in mining and mining finance.

Over the course of his career Mr. Mascall held senior executive positions for a number of companies in the mining and mine finance sector, including Billiton plc, the post-merger entity BHP Billiton plc, Deutsche Morgan Grenfell, Outokumpu Metals and Resources International, Barclays Bank, International Molybdenum and Lubel Coal Company (UK).

Mr. Mascall is a graduate in mining engineering from the Camborne School of Mines and holds a Master of Engineering in Mineral Economics from McGill University. He is currently Non-Executive Chairman of AIM-listed Gemfields Resources and a Non-Executive Director of NYSE listed Walter Energy Inc.

Mr. Trevan has more than 30 years of experience in the mining and metals sector. He is currently the Managing Director of Caledon Resources Plc, the Australian coking coal producer. Prior to joining Caledon in September 2006, he spent 25 years with Rio Tinto Ltd where he held senior executive roles in the areas of coal marketing, general commercial, corporate strategy and project feasibility.

Mr. Trevan is a graduate in Applied Finance and Investment from the Securities Institute of Australia and holds a Diploma of Business (Accounting) from the Preston Institute of Technology.

Mr. Sutherland has spent more than 35 years working in the resource sector, of which the past ten years he has worked as a consultant and in Business Development for Partners in Performance International (PIP). During this period, he has delivered improvement results on a large underground coal mine, an aluminium smelter, a zinc smelter and a direct reduction iron plant.

Mr. Sutherland also has managed 25 site diagnostics across a number of different resource industries including coal mines in Kazakhstan, Czech Republic, South Africa and Australia in order to identify improvement opportunities to increase production, reduce costs and improve operational efficiencies.

Mr. Sutherland is a principal of PIP and is currently responsible for business development. Prior to joining PIP, he gained wide experience in corporate, commercial, risk management and strategic planning through his roles at Anglo American plc, in merchant banking and in management consulting.

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