TIDMLOND

RNS Number : 4316S

London Mining Plc

07 November 2013

London Mining Plc

Quoted on London AIM (LOND LN)

("London Mining" or the "Company")

07 November 2013

BOARD CHANGE

London Mining announces that its Chief Financial Officer, Rachel Rhodes, has informed the Board that after over five years in the role, she will be stepping down due to personal reasons. Benjamin Lee, an executive board director since 2011 and Head of Corporate Development since 2009, is appointed Chief Financial Officer with immediate effect in accordance with the company's succession policy. Rachel has agreed to remain available until the end of the year to ensure a smooth transition of her duties.

Graeme Hossie, CEO, said "We wish to thank Rachel for her tireless contribution to the company's development over the last 5 years and wish her every success in her future."

Rachel Rhodes said "I am proud to have been part of the team that has delivered so much, in particular in Sierra Leone, and I wish London Mining all the success in the future."

For more information please visit www.londonmining.com or contact:

 
 London Mining Plc 
  Graeme Hossie, Chief Executive Officer 
  Benjamin Lee, Chief Financial Officer 
  Thomas Credland, Head of Investor Relations    +44 (0)20 7408 7500 
 Liberum Capital (Nominated Advisor/Broker) 
  Tom Fyson / Clayton Bush / Ryan de Franck      +44 (0)20 3100 2000 
 J.P. Morgan Cazenove (Broker) 
  Ben Davies / Ignacio Borrell                   +44 (0)20 7742 4000 
 Brunswick Group LLP 
  Carole Cable / Rosheeka Field                  +44 (0)20 7404 5959 
 

About London Mining

London Mining is an expanding producer of high specification iron ore concentrate for the global steel industry and is focused on identifying, developing and operating sustainable mines. London Mining commenced sales from its 100% owned Marampa Mine in Sierra Leone in 2012 and expects to reach production capacity of 6Mdmt/a in 2014. Marampa has sufficient resources to support a staged expansion to over 10Mdmt/a. London Mining has also completed bankable feasibility studies outlining plans for a further 20Mdmt/a of iron ore production by developing mines in Greenland and Saudi Arabia. The Company listed on AIM in London on 6 November 2009. It trades under the symbols LOND.L (Reuters) and LOND LN (Bloomberg). More information about London Mining can be found at www.londonmining.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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