London Mining Plc BOARD CHANGE (4316S)
November 07 2013 - 2:01AM
UK Regulatory
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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