Orion Minerals CEO Errol Smart steps down, Tony Lennox appointed

Orion Minerals Limited has announced a leadership transition, with Errol Smart stepping down as Managing Director and CEO, effective April 3, 2025, after more than 12 years at the helm. During his tenure, Smart oversaw the acquisition and advancement of the Prieska Copper Zinc Project and the Okiep Copper Project to the Definitive Feasibility Study stage. Anthony (Tony) Lennox, previously a non-executive director, will succeed Smart as Managing Director and CEO. Lennox brings over 40 years of experience in mining operations and project development, including his role as Managing Director of Palabora Mining Company. Smart will remain closely involved during the transition period. Lennox's remuneration includes a fixed component of USD 400,000 per annum, eligibility for short-term and long-term incentive plans, and an initial LTI grant of 60,000,000 unlisted options with varying exercise prices and vesting dates.