17th Sep 2007 10:09
Peter Hambro Mining PLC17 September 2007 17th September 2007 Appointment of Deputy Chairman at Management Company Peter Hambro Mining plc ("PHM") announces that Mr Mikhail Shelkov, DirectorGeneral of LLC "OboronImpex" itself a financial and investment company of ROEgroup, a company that holds interests in a number of metallurgical assets inRussia, has agreed to become the Deputy Chairman of Management Company PeterHambro Mining ("MC PHM"). MC PHM, which is a Russian company, is one of the mining services companies inthe PHM Group and it supplies construction, engineering and analysis services,on an arm's length contractual basis, amongst others to Aricom PLC. Aricom andLLC "OboronImpex" have today announced the signature of a co-operation agreementcovering potential collaboration in international mining ventures. Mikhail Yevgeniy Shelkov graduated in 1991 from the Moscow Physics and TechnologyInstitute and qualified as an economist at the International University of Business & Management. Peter Hambro, Chairman said: "MC PHM is our domestic service company which specializes in mining analysis,development and operation. Aricom is one of MC PHM's largest contracts and thisnew co-operation agreement is very helpful for both companies. To aid theprocess Mr Shelkov will be appointed to the Board and we look forward to workingwith him." Enquiries: Peter Hambro Executive Chairman +44 (0) 20 7201 8900 Tom Randell Merlin +44 (0) 20 7653 6620 Patrick Magee JPMorgan Cazenove +44 (0) 20 7155 4525 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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