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The World Gold Council announced this week it has named Sibanye-Stillwater chief executive Neal Froneman as its new chair, succeeding Randy Smallwood of Wheaton Precious Metals, who has been the WGC board chair since 2020.
In addition to Froneman’s appointment, WGC also welcomed Niël Pretorius, CEO at DRDGOLD, to its board of directors. Based in South Africa, DRDGOLD specializes in the extraction of gold through the large-scale retreatment of mine dumps and tailings dams. “I would like to thank Randy for his leadership of the board over the last few years. Under his tenure, the World Gold Council has embarked on several new initiatives, from our transformational Gold247 program to help digitalize the global gold industry, to bringing gold to the attention of millions of retail investors,” WGC CEO David Tait commented.
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