Arcadia Minerals has initiated a major leadership shake-up as part of its new strategic direction, with Chief Executive Officer and director Philip le Roux stepping down from the company, while Johan le Roux has resigned from his role as non-executive director.
The board confirmed both departures on Monday, thanking them for their years of service in building Arcadia’s technical base and project portfolio.
Executive chairman Jurie Wessels said the changes form part of a broader operational review as Arcadia positions itself for value-accretive growth across its Namibian assets.
The company is now evaluating a series of potential new acquisitions focused on gold and critical minerals, targeting opportunities offering “asymmetric upside potential”.
