Tertiary Minerals plc founder and executive chairman Patrick Cheetham will become non-executive chairman, with effect from 1 January 2026.
EXPANSION
The company said that the change was part of its “ongoing development” following the appointment of Dr Richard Belcher as managing director in March 2025.
“Richard’s appointment as managing director earlier this year is part of a broader plan to refresh the company’s management team and it is an opportune time for me to make this change,” added Mr Cheetham.
“I am confident that the company is in good hands with a strong portfolio of mineral projects and a clear strategy for growth.
“It has been a privilege to serve the company in an executive capacity and I look forward to continuing to chair the board going forward.”
Dr Belcher said: “Patrick founded the company back in 1999 and has led the company since then, initially as an industrial/critical minerals explorer in Europe, through its expansion into precious metals in the USA and, more recently, the expansion into Zambia.
“We are thankful to Patrick for his role in founding the company and leading it for many years, and we are pleased that he will continue to contribute to the company as non-executive chairman as the company continues to advance its portfolio of exciting projects.”
Tertiary holds base and precious metals exploration assets in Nevada, USA and Zambia.