International Mining & Infrastructure Corporation (IMIC) announced that Ousmane Kane would step down as CEO and leave the company with effect from 31 July 2014. Kane has decided to return to Mauritania having successfully completed the acquisition of Afferro Mining, having implemented a development plan for the newly acquired assets in Cameroon and having launched the necessary feasibility studies.
The Board is well advanced with the recruitment of Kane’s successor and it is expected that an announcement on the appointment of a new CEO will be made in the near future.