Exploration and Mining Limited Appoints Ulrich Bester as Executive Director for Business Development

Published by
Lethabo Ntsoane
  • Sable Exploration and Mining Limited appoints Ulrich Bester as Executive Director for Business Development.
  • Mr. Bester brings over 27 years of mining industry experience to the role, with expertise in mining engineering, finance, and consulting.
  • The appointment highlights SEAM’s strategic focus on growth and expansion, with Mr. Bester joining the Remuneration and Nominations Committee.

Sable Exploration and Mining Limited (formerly known as Middle East Diamond Resources Limited) has announced a significant addition to its leadership team. Mr. Ulrich Bester has been appointed as an executive director of the company, with a primary focus on Business Development. The appointment, effective as of May 15, 2023, marks a crucial step in SEAM’s strategic growth plans.

With an impressive track record spanning over 27 years in the mining industry, Mr. Bester brings a wealth of experience and expertise to his new role. He holds a B.Sc. degree in Mining Engineering from the prestigious University of the Witwatersrand, which he obtained in 2000. During the early years of his career, Mr. Bester gained invaluable on-mine experience, working on gold, platinum group metals, and coal mines in South Africa.

Building upon his practical experience, Mr. Bester transitioned to consulting roles, where he spent 12 years contributing his expertise to various mining projects. Notably, in 2018, he assumed the position of Financial Director for an AltX listed mining company, where he also served as the Chief Operating Officer. During his tenure, Mr. Bester played a pivotal role in the company’s financial operations and made significant contributions to its overall success.

In pursuit of further knowledge, Mr. Bester pursued an M.Com in finance from the University of Johannesburg in 2019. This additional qualification further solidified his expertise in mining finance, allowing him to provide well-rounded insights and guidance in the field. Over the past four years, he has been actively involved in consulting within the mining industry, providing invaluable support in areas such as mining operations and financial matters.

The appointment of Mr. Bester as an executive director underscores Sable Exploration and Mining Limited’s commitment to strategic expansion and the pursuit of new opportunities within the mining sector. His extensive experience and multidimensional skill set make him a valuable asset to the company as it continues to grow and evolve.

In addition to his role in Business Development, Mr. Bester will also join the Remuneration and Nominations Committee as a member. This appointment reflects the company’s dedication to assembling a diverse board of directors with expertise in various areas to guide strategic decisions regarding compensation and appointments.

Sable Exploration and Mining Limited remains steadfast in its commitment to delivering long-term value to its shareholders while upholding the highest standards of corporate governance. The appointment of Mr. Bester exemplifies the company’s dedication to attracting top talent and ensuring its leadership team possesses a broad range of skills and experience to navigate the dynamic mining industry successfully.

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Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted: Email: lethabo@rateweb.co.za Twitter: @NtsoaneLethabo