Gold CEO Ousted Over Mystery Payments Returns to African Mining

Sebastien de Montessus

Photographer: Matthew Staver/Bloomberg

Sebastien de Montessus — ousted as boss of Endeavour Mining Plc over alleged irregular payments — is back at the helm of an Africa-focused gold miner.

The 51-year-old French national was appointed chief executive officer of Mansa Resources Ltd. to turn around the firm’s flagship Kouroussa mine in Guinea, according to people familiar with the matter. A company database in the United Arab Emirates shows de Montessus is on the board of the Dubai-registered firm, which was set up 10 months ago.