Kore Potash taps Andrey Maruta for CFO

With Maruta set to slide into the role on 23 September, he will take over from current CFO John Crews, who was stepping down from the position for "personal reasons".

Crews will make himself available to Kore Potash until November in order to facilitate a smooth transition.

Prior to joining Kore Potash, Maruta was CFO over at fellow Russia-focussed mining firm Petropavlovsk and also worked in the audit function at accountancy firm Moore Stephens in both the UK and Russia.

Chief executive Brad Sampson said: "I am very pleased to announce the appointment of Andrey Maruta as the new CFO of Kore Potash.

"The company is in a strong position to realise its potential in developing the world-class Sintoukola Potash basin and Andrey's experience in the sector will prove of great benefit to Kore as we move through the next stages of growth towards financing and production."

As of 0840 BST, Kore Potash shares had picked up 1.09% to 1.39p.