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Thungela Resources Limited ( (GB:TGA) ) has issued an announcement.
Thungela Resources Limited has announced the appointment of Mr. Moses Madondo as the CEO designate, effective from August 2025. This transition follows the impending retirement of the current CEO, Mr. July Ndlovu, who has significantly contributed to the company’s growth. Mr. Madondo brings over 25 years of mining experience and has held senior leadership positions in the industry, indicating a strong strategic direction for Thungela moving forward.
More about Thungela Resources Limited
Thungela Resources Limited is a company incorporated in South Africa, operating in the mining industry. Its primary focus is on coal production, serving both local and international markets.
YTD Price Performance: 0.35%
Average Trading Volume: 130,357
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £806.2M
Find detailed analytics on TGA stock on TipRanks’ Stock Analysis page.