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2026-11-06

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Full background report

Rudi Deysel

Managing Director / Chief Executive Officer

Career chronology

Contributions and company outcomes

Qala Shallows first-gold milestone

1 December 2024 to 17 March 2026 · issuer reported · high materiality

West Wits reported first gold on 17 March 2026, within its Q1 2026 target. Its CEO appointment release says Deysel previously led Qala development and its DFS, and the first-gold release was authorized by him as Managing Director. Steady-state production remained a ramp-up objective.

Attribution: Individual involvement documented. Issuer releases connect Deysel to Qala project leadership and release authorization, but do not isolate his individual contribution from the wider project team, lenders, contractors or processing partner.

Relevance: Directly relevant to CEO execution; prospective production targets are not treated as delivered.

West Wits Appoints Chief Executive Officer (p.1: CEO effective date, prior Qala leadership and DFS); West Wits Achieves First Gold at Qala Shallows (p.1: first gold, Q1 target and release authorization)

Industrial safety

Fatal mud rush at Qala; investigation and controls remained material

19 March and 7 June 2026; status at 3 September · documented · high materiality

A contractor employee died in a Qala Shallows mud rush on 7 June 2026. The issuer’s 3 September technical presentation also recounts a 19 March mud rush and describes geological structures and tailings-dam runoff as contributing mechanisms; further investigation and remedy work were described. Mining.com.au reported DMPR investigation was underway. No source establishes personal fault by Deysel.

Attribution: Role overlaps event; causation unproven. Deysel was CEO during the events; sources establish tenure but attribute no causal responsibility to him. This is an oversight question, not a misconduct finding.

Relevance: Highly relevant to CEO operational oversight, safety and disciplined ramp-up.

Accident at Qala Shallows causes death of contracting employee (lines 61-66: fatality and investigation); Mud Rush Incident at Qala Shallows Mine: A Technical Overview (pp.6,9,15-17: event dates, company cause assessment and response)

Suitability for the current role

Mining execution background

Career background to 2024 · analyst inference · medium materiality

The issuer reports BSc Exploration Geophysics, BEng Mining Engineering, MBA, Pr.Eng registration and a Mine Manager Certificate of Competency, plus prior roles at Anglo Platinum, Murray & Roberts Cementation, ERG Africa and Asanko/Galiano Gold. Credentials and career history remain issuer-reported.

Attribution: Responsibility not applicable. Appointment release supplies the claims; no direct university, professional register or prior-employer records were checked.

Relevance: Relevant technical and mine-development experience for the CEO role.

West Wits Appoints Chief Executive Officer (pp.1-2: qualifications, registrations and prior employers)

Evidence gaps

  • Exact dates and outcomes at prior employers were not independently corroborated.

  • Credentials and registrations are issuer-reported; underlying registers and university records were not checked.

  • Open-web searches are not exhaustive adverse-record or credential checks.