Published: 10 June 2025

Kavango Resources Plc has announced the upcoming retirement of its Board Chairman, David Smith, effective June 30, 2025, marking the end of an accomplished tenure that significantly contributed to the company's development and profile within the exploration and mining sector.

Smith's retirement paves the way for Peter Wynter Bee, currently serving as Non-Executive Deputy Chairman, to assume the role of Non-Executive Chairman. The company lauded Smith for his commitment and leadership, which helped steer Kavango through strategic milestones during his time on the board.

In a statement, the company highlighted Wynter Bee's extensive experience in mining finance and project development.

"Peter is an experienced lawyer who has focused on financing and managing mining companies. He has raised capital for the development of mining projects since 1990," the statement read.

Wynter Bee's track record includes successful roles in projects such as a gold mine in Zambia, a copper mine in Zimbabwe, and the Skorpion zinc mine in Namibia, which was later acquired by Anglo American. He recently stepped down from his role as founder and executive chairman of Mexico Resources Plc.

Additionally, Kavango Resources announced the appointment of Gautam Dalal as a Non-Executive Director, with his appointment set to take effect on July 1, 2025.

Dalal is a chartered accountant with over three decades of experience at KPMG London, where he served as a partner between 1990 and 2010. Notably, he led KPMG's expansion into the Indian market in the 1990s and later returned to India in 2000 as Chairman and CEO of KPMG India.

The Board expressed its confidence in the new leadership, stating: "We are pleased to welcome Gautam Dalal to the Board. His global financial expertise and leadership experience will be invaluable to Kavango as we move forward."

The transition is part of Kavango's broader governance and strategic planning efforts as the company advances its exploration activities across Southern Africa.
- newzimbabwe