Australia's Albidon Ltd
Albidon, also listed in London
Ore production at the mine has already commenced.
It is now time for me to stand down and hand over to a new Chairman who will lead Albidon through the next phase of its growth and development, chairman Richard A. Potts said in a statement.
John Shaw, who joined the board in March, takes over as non-executive chairman.
Potts said the company had appointed Royal Bank of Canada (RBC)
As part of this process, confidential discussions have been held with a number of parties, he said, but he did not provide further details.
The miner has projects in Botswana, Tunisia, Tanzania, Zambia and Malawi together with joint venture partners. (Reporting by Humeyra Pamuk; editing by Peter Blackburn)
© Reuters 2008. All Rights Reserved. | Learn more about Reuters