ENRC Chief Executive Felix Vulis Resigns for ‘Personal Reasons’

The Telegraph.com reports that the CEO of ENRC (LON:ENRC) has resigned.

The story is quoted as saying:

ENRC is being sued by London-listed miner First Quantum “for billions of dollars” over a disputed purchase of a copper mine in the Democratic Republic of the Congo, prompting corporate governance concerns from UK investors. The dispute is over the prized Kolwezi copper and cobalt mine, which the African country’s government seized from First Quantum last year and was later sold to ENRC.

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