Grant Davey has been appointed executive director of Cradle Resources. Mr Davey was a director of Cradle Resources from April 2013 to November 2015, and was instrumental in developing the Panda Hill Niobium project in Tanzania. James Kelly and Robert Behets have stepped down as directors. The changes are part of the company’s strategy to reduce costs in light of recently announced changes to the mining legislation in Tanzania and termination of the scheme of arrangement with Tremont Investments.
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