LONDON: Jangada Mines Plc (AIM: JAN), a natural resource development company, has appointed Paulo Guimarães Misk as Chief Executive Officer, effective immediately. The move marks a strategic shift as the company intensifies efforts to advance its Paranaíta Gold Project in Brazil’s Alta Floresta – Juruena Gold Province.
Misk, a Brazilian national with nearly four decades of mining experience, succeeds Executive Chairman Brian McMaster, who will transition to a Non-Executive Chairman role to streamline corporate overheads.
“We are delighted to welcome Paulo as CEO at a critical and exciting time for Jangada,” McMaster said. “His leadership will be instrumental in unlocking value efficiently and sustainably.”
Misk brings a proven track record of operational excellence and strategic growth, having led Largo Inc. from near-bankruptcy to $316 million in net income within two years. His career spans senior roles at Anglo American, AMG, and RHI Magnesita, with expertise across lithium, gold, vanadium, titanium, and niobium.
“This is a fantastic opportunity,” Misk said. “Jangada has an exciting portfolio and a clear strategy. My aim is to build on this foundation and create a significant mining entity.”
In addition to corporate achievements, Misk has held influential roles in Brazil’s mining sector, including board positions at IBRAM and CNI-Comin. He was named Brazil Mining Personality of the Year in 2019.
Jangada said Misk’s initial appointment is in a non-board capacity, subject to review.