{"id":135034,"title":"Neo Energy Metals shares rise 33% as new chairman appointed","publisher":"Share Talk","author":"sharetalk","published":"2026-04-22T10:12:48+00:00","modified":"2026-04-22T10:12:48+00:00","canonical_url":"https://www.share-talk.com/neo-energy-metals-shares-rise-33-as-new-chairman-appointed/","markdown_url":"https://www.share-talk.com/neo-energy-metals-shares-rise-33-as-new-chairman-appointed.md","json_url":"https://www.share-talk.com/neo-energy-metals-shares-rise-33-as-new-chairman-appointed.json","category":"Mining","categories":["Mining"],"tags":["Africa","AIM","ASX","Bongani Raziya","Charles Tatnall","Commodities","COPPER","energy commodities","energy investment","energy sector","environmental legislation","geological","Green Energy","green energy transition","high grade uranium","investment","investment advice","IPO","Jackline Gathoni Muchai","James Longley","Jason Brewer","Jason Paul Brewer","Kinusi","mapping","market analysis","MARU","Marula Mining","Mineralisation","Mining","mining stocks","Nairobi","Neo","NEO Energy","Neo Energy Metals","Nkwomba Hill Niobium","Northern Cape","nuclear power","Project","rare earth element","Sean Heathcote","Share Talk","Stock Market","Stock Market News","survey","Takela","Tantalum","Tanzania","Tanzanian","URANIUM","Uranium Demand","uranium industry","uranium market analysis","uranium mining","uranium stocks","uranium surge","wind turbines"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/10/neo-energy-2-oct-2023.jpg?fit=1200%2C800&quality=89&ssl=1","format":"news","language":"en-GB","content":"[Neo Energy Metals PLC (LON: NEO)](https://www.investegate.co.uk/announcement/rns/neo-energy-metals--neo/board-changes/9531794) shares jumped 33% to 11.02p in early trading after the company unveiled a major board overhaul, led by the appointment of Neal Froneman as independent non-executive chairman.\n\nFroneman, who led Sibanye-Stillwater from its formation in 2013 until 2025, oversaw its transformation into a globally diversified mining group and the world’s largest primary producer of platinum group metals. He currently chairs the World Gold Council and holds non-executive roles across the mining sector.\n\nHe will be joined by three new non-executive directors:\n\n- Sajjad Sabur, chief investment officer at Gilini Group and former HSBC Private Equity managing director\n\n- John Wallington, a former Anglo American executive and current non-executive at Glencore\n\n- Johan Reeder, with more than three decades of international experience\n\nThe appointments, effective 24 April, follow the immediate departure of six existing directors, including executive chairman Jason Brewer and technical director Sean Heathcote.\n\nThe reconstituted board will work alongside CEO Theo Botoulas and CFO De Wet Schutte, both appointed in 2025.\n\nBotoulas said the changes reflect confidence in Neo Energy’s core assets—New Beisa and Henkries—which he described as among the most compelling uranium projects in the sector.\n\nThe company is progressing the acquisition of New Beisa from Sibanye-Stillwater and is working to secure a mining right for Henkries ahead of financing and development."}