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Coda Minerals (ASX:COD) appoints Kudzai Mtsambiwa as new CFO

Highlights

  • Coda Minerals augments executive team and appoints Mr Kudzai Mtsambiwa as new CFO of the Company.
  • A professional chartered accountant, Mr Mtsambiwa has extensive experience working with resources companies.
  • Coda is undertaking a slew of exciting exploration activities across its flagship project.
  • The ongoing drilling operation on the Elizabeth Creek Project has delivered encouraging outcomes so far.

Australia-based mineral explorer Coda Minerals Limited (ASX:COD) has a strong track record of project development and exploration. To achieve its objective of building a profitable exploration and mining business, Coda keeps strengthening its world-class leadership team.

The latest in the series is the appointment of Mr Kudzai Mtsambiwa to the executive team as Chief Financial Officer (CFO).

Kudzai Mtsambiwa appointed as new CFO, CODA Minerals, ASX COD

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Related read: Copper market dynamics serve up a golden opportunity for Coda Minerals (ASX: COD)

A snapshot of Mr Mtsambiwa’s career

Mr Mtsambiwa has experience of over 14 years in the international resources industry. Prior to joining Coda, Mr Mtsambiwa was associated with an ASX-listed West Africa-focused gold player Perseus Mining (ASX:PRU). At Perseus, he held the role of a Group Planning & Business Analyst. As a seasoned chartered accountant, Mr Mtsambiwa also served as Group Financial Controller for seven years.

His stint at Perseus gained him extensive commercial and financial experience. He joined Perseus as a Group accountant back in 2010. He witnessed the growth story of Perseus and had seen various stages of growth and development of the Company.

In academics, Mr Mtsambiwa has done a Master of Science in Mineral Economics from Curtin University. He also holds an Honours degree from the University of Western Australia.

Related read: Coda Minerals’ (ASX:COD) shares fly 235% on discovery of IOCG zone at Emmie Bluff Deeps

Management commentary

Reacting to the appointment, Mr Keith Jones, Chairman of Coda Minerals, welcomed the new member to the growing Coda’s leadership team. He said Mr Mtsambiwa would bring significant financial and operational experience to the Board. The valuable knowledge and expertise that he gained at one of the leading gold producers on the ASX will help in taking the Company to the next level of development.

Kudzai Mtsambiwa appointed as new CFO, CODA Minerals, ASX COD

Source: ASX update, 22 September 2021

Related read: Coda steps up efforts to unlock IOCG potential of Emmie Bluff Deeps

Share price movement

On 23 September 2021, shares of COD were trading at AU$0.975 at 9:56 AM AEST,  with a market capitalisation of AU$95.32 million. Coda was listed on 28 October 2020 on the ASX. Since its debut on the ASX, shares of the Company have given an impressive return of ~121% to its shareholders.

Related read: Coda Minerals (ASX: COD) strikes high grade Copper-Gold mineralisation at Emmie Bluff Deeps

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