Trevali Mining Corp. has announced the resignation of Director Richard Williams, the latest executive to leave the mining company this month.
Williams’ resignation was effective Sept. 23, the company said, without providing a reason for the departure.
The latest development comes hardly a few weeks after Trevali announced that its president and CEO Ricus Grimbeek had resigned from the company, and that COO Derek du Preez would depart by mid-October.
The Vancouver-based mining company filed for bankruptcy in August. Earlier this month, it said that the company’s shares would be delisted from the Toronto Stock Exchange on Oct. 3.
The departures come as a Canadian court approved a process to seek bidders for Trevali’s 90% interest in the Rosh Pinah Mine in Namibia and 100% interest in the Caribou Mine in New Brunswick, Canada.
A day earlier, two mining executives at a Trevali-owned mine in Burkina Faso were found guilty of involuntary manslaughter following the deaths of eight mining employees in April. The deaths occurred at the Perkoa zinc mine, which is 90% owned by Trevali.
The convicted executives received suspended sentences and fines.
The Company has three primary assets: the 90%-owned Perkoa Mine in Burkina Faso, the 90%-owned Rosh Pinah Mine in Namibia, and the wholly owned Caribou Mine in northern New Brunswick, Canada.
