Big surprise as top mining CEO takes over as chairman of a crisis-riddled company

• Neal Froneman has been appointed as chairman of Copper 360, replacing Rupert Smith who has retired.
• Copper 360 has been experiencing operational hurdles, financial distress, and executive turmoil since its listing in April 2023, with production targets not met and substantial financial losses.
• Froneman's appointment as chairman is expected to bring strategic guidance and industry standing to support the delivery of long-term value for shareholders.