Nick Selby (pictured) is resigning as CEO and managing director of Australia’s Lucapa Diamond Company on “grounds of ill health,” according to a statement from the West Perth–based miner.
Alex Kidman, Lucapa group operations manager, was appointed as Selby’s replacement, effective immediately.
Selby joined Lucapa in 2014 and was promoted to CEO last year.
In a statement, he said: “It is with a deep regret that I find myself having to step back from the role of CEO of this great company due to health reasons just as the company is poised to deliver on the long-awaited Kimberlite majority share and Merlin work streams.”
Lucapa owns interest in the Lulo diamond mine in Angola, which has been in commercial production since 2015. It also recently acquired the Merlin diamond mine in Australia’s Northern Territory. In June, it sold its stake in the Mothae mine in Lesotho.
Former De Beers co-CEO Stuart Brown serves as the company’s chair.
(Photo courtesy of Lucapa Diamond)
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