Vast Resources appoints Pierre Joubert as CFO

AIM-listed mining company Vast Resources announced the appointment of Pierre Joubert as chief financial officer with immediate effect.

Joubert, a chartered accountant, spent seven years with Macquarie, mostly with the Macquarie Natural Resources Group in the Far East, where he worked on a variety of cross border merger and acquisition transactions and capital raisings.

Joubert has already been working for the group part-time as a consultant.

Vast also announced the appointment of Graham Briggs as a non-executive director with immediate effect. For eight years, Briggs has held the position of chief executive officer and board member of South Africa’s Harmony Gold Mining Company.

Chief executive officer Roy Pitchford said: "These appointments add greatly to the company's strengths.

"Graham's extensive mining experience will add substantial weight to the non-executive board and Pierre is a valuable addition to the senior executive team."

At 1245 GMT, Vast Resources shares were up 7.3% to 0.97p.