Ivanhoe Mines names Dr. Patricia Makhesha Managing Director of Platreef Project

Ivanhoe Mines (TSX:IVN) has appointed South African business executive Dr. Patricia Makhesha as managing director of Ivanhoe’s subsidiary, Ivanplats. The subsidiary is advancing the development of the Platreef PGM-nickel-copper-gold project in South Africa.

As quoted in the press release:

Prior to joining Ivanhoe Mines as Vice President of Community Relations in February this year, Dr. Makhesha served as a consultant to the company as it was preparing for the development and implementation of the Platreef Project’s broad-based, black economic empowerment structure. Ivanhoe announced on September 4 that it had completed the allocation of a combined 26% interest in the Platreef Project to 20 nearby communities, representing a total of approximately 150,000 residents, plus local entrepreneurs and historically disadvantaged, non-managerial South African employees.

Ivanhoe executive chairman, Robert Friedland, said:

Since joining Ivanhoe Mines, Patricia has applied her extensive management skills that she developed through executive posts and advisory directorships in the public and private sectors, where she helped to integrate socio-economic considerations into effective operating business models. She is uniquely experienced to participate in guiding the realization of our plans to establish Ivanhoe as a major, innovative presence in South Africa’s platinum industry.

Click here to read the Ivanhoe Mines (TSX:IVN) press release