Gibb River Diamonds Embraces Governance Standards

Gibb River Diamonds Limited (AU:GIB) has released an update.

Gibb River Diamonds Limited adheres to the ASX Corporate Governance Council’s principles, establishing clear roles for its board and management, ensuring proper checks for director appointments, and maintaining written agreements with directors and senior executives. However, the company acknowledges a departure from gender diversity recommendations, stating the absence of set objectives for diversity due to its small size, while emphasizing its satisfaction with current levels. Regular performance evaluations for the board and executives are conducted, aligning with recommended governance practices.

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