24th Feb 2015 07:00
Lonmin Plc4 Grosvenor PlaceLondon SW1X 7YLUnited Kingdom
T: +44 (0)20 7201 6000F: +44 (0)20 7201 6100
www.lonmin.com
REGULATORY RELEASE
24 February 2015
Management Change
The Board of Lonmin Plc announces the resignation for personal reasons of Johan Viljoen, Chief Operating Officer (COO). Ben Moolman, Head of our Business Support Office will, with immediate effect become Acting Chief Operating Officer for the time being, alongside his current role. Ben rejoined Lonmin in August 2014 from Glencore Xstrata where he was Chief Operating Officer of the Platinum Division. In his previous time at Lonmin, Ben served in a variety of operational management positions, including Vice President Mining and is well positioned to take on the COO role.
Commenting on the appointment, Lonmin CEO, Ben Magara said: "Ben Moolman is ideally placed to continue the execution of our operational strategy and strategic initiatives, having been intimately involved with the strategy and its implementation as a member of the Lonmin Exco."
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ENQUIRIES
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Media:
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Notes to editors
Lonmin, which is listed on both the London Stock Exchange and the Johannesburg Stock Exchange, is one of the world's largest primary producers of PGMs. These metals are essential for many industrial applications, especially catalytic converters for internal combustion engine emissions, as well as their widespread use in jewellery.
Lonmin's operations are situated in the Bushveld Complex in South Africa, where nearly 80% of known global PGM resources are found.
The Company creates value for shareholders through mining, refining and marketing PGMs and has a vertically integrated operational structure - from mine to market. Lonmin's mining operations extract ore from which the Process Division produces refined PGMs for delivery to customers. Underpinning the operations is the Shared Services function which provides high quality levels of support and infrastructure across the operations.
For further information please visit our website: http://www.lonmin.com
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