10th Nov 2011 07:00
Beacon Hill Resources Plc / Ticker: BHR / Index: AIM / Sector: Mining
10 November 2011
Beacon Hill Resources Plc ('Beacon Hill' or 'the Company')
Management Appointments in Mozambique & Opening of Maputo Office
Beacon Hill, the AIM listed coking coal producer, is pleased to announce that it has further increased its presence in Mozambique through the appointment of additional senior management in Mozambique and the opening of a corporate office in Maputo, the capital of Mozambique. The appointments of Mr. Ricardo Jose as Country Manager, Mozambique and Executive Director, Minas Moatize and, Mr. Adelino Fernandes as General Manager, Finance (Minas Moatize), provide further in-country management as the Company moves into production from the main open pit of its wholly owned Minas Moatize Coal Mine in the Tete Province of Mozambique.
Mr. Jose, who has been appointed as Country Manager, Mozambique and Executive Director, Minas Moatize will be responsible for overseeing the Group's activities in Mozambique and the day to day operations of the Minas Moatize Coal Mine. He is an Australian Chartered Engineer with over 25 years of experience in the mining sector, having held senior operational and corporate management roles involving both open-pit and underground operations. A Mozambican national and a respected mining engineer well known within the Mozambican mining industry and government circles, Mr. Jose gained experience of the Moatize coal fields early in his career. Mr. Jose has also worked in Portugal, Papua New Guinea and Australia, latterly as Group Chief Mining Engineer at ASX listed Aditya Birla Minerals Limited. Ric will join the Group on 15 November 2011, be based in Maputo and report to Peter Wilson, Chief Operating Officer of the Company.
Mr. Fernandes, who has taken the role of General Manager Finance, Minas Moatize, has 30 years' experience in senior financial management roles throughout Mozambique, Angola and Europe and will be responsible for overseeing the Group's finance, accounting, legal and risk management functions in Mozambique.
Justin Lewis, Chairman of Beacon Hill, commented, "I am delighted to welcome Ric Jose and Adelino. Fernandes to the Group, whom will bring invaluable experience and local knowledge to the Group as we commence the ramp up of operations in Mozambique and production of coking coal at the beginning of 2012 at the Minas Moatize Coal Mine. The opening of our corporate office in Maputo signifies our long term commitment to Mozambique and enables Beacon Hill to strengthen its presence within the Mozambican community."
**ENDS**
For further information on the Company, visit www.bhrplc.com or contact:
Justin Lewis | Chairman, Beacon Hill Resources Plc | +61 (0) 3 9627 9910 |
John Prior | Collins Stewart Europe Limited | +44 (0) 20 7523 8350 |
Adam Miller | Collins Stewart Europe Limited | +44 (0) 20 7523 8350 |
Jeremy Wrathall | Renaissance Capital Ltd | +44 (0) 20 7367 8273 |
Susie Geliher | St Brides Media & Finance Ltd | +44 (0) 20 7236 1177 |
Notes
Beacon Hill Resources Plc (AIM: BHR) is an AIM listed resource company focussed on the acquisition and development of assets in commodities relating to the steel production industry. The Group currently has two primary assets - the Minas Moatize Coal Mine in Tete, Mozambique and Tasmania Magnesite NL in Tasmania.
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