LEADERSHIP

Capital Limited hands the reins to Peter Stokes

London-listed mining services company Capital Limited has appointed Australian logistics and resources industries leader Peter Stokes as CEO to guide the company through its planned growth trajectory.

 "I am delighted to be appointed CEO by the Board of Capital," Stokes said.

"I am delighted to be appointed CEO by the Board of Capital," Stokes said.

"Peter's experience in running large and complex business across many different markets, as well as his considerable experience in the metals and mining industry, makes him ideal to take over the leadership of the business as it continues to grow rapidly across all our key pillars," Capital's executive chairman Jamie Boyton said.

With executive experience in resources and logistics spanning more than 25 years, Stokes' was most recently president for global logistics for leading logistics and transport business in Asia, Toll Group.

Prior to that, he was CEO of mechanized hard-rock underground mining company Barminco Limited.

He has also served as CEO of Linfox and as a partner at Accenture.

Advisory house Tamesis Partners said the "wealth of experience" Stokes brings will be important to Capital's growth.

Stokes, who will also join Capital's board as an executive director, will see his roles take effect from 3 October. He will be based in Perth, Australia.

Boyton will remain as executive chairman.

"With Jamie Boyton staying on in the executive chairman role, his decade plus of experience at Capital stays with the business as a significant asset for Mr Stokes to draw on," Tamesis said.

Capital's share price last closed at 82.20p (US$94.37). It had a market capitalisation of US$182 million.

Tamesis has a target price for Capital of 160p.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.