Graeme Booth has advised the Board of Malabar Coal Ltd that he will resign as Managing Director as of 8 April 2016.
Booth has chosen to pursue other non-resource related business interests and relinquish his Board position as Managing Director at the same time.
Malabar’s Board has thanked Booth for his contribution to the development of the Spur Hill underground metallurgical coal project.
The Board has secured Booth’s ongoing services as a consultant. Retaining the value of his extensive knowledge and industry relationships related to Malabar’s ongoing activities.
A new Managing Director has not been selected yet but the company will make this replacement soon. While this is decided, Booth’s responsibilities will be distributed across Malabar’s management team and directors.
Edited from press release by Harleigh Hobbs