17th Mar 2015 07:30
REGULATORY RELEASE
17 March 2015
Moolman confirmed as Chief Operating Officer
Lonmin Plc ("Lonmin" or "the Company") is pleased to announce the appointment of Ben Moolman as Chief Operating Officer ("COO") with immediate effect.
Ben returned to Lonmin to head the Business Support Office in August 2014. In his previous role at the Company he served in a variety of operational management positions, including Vice President Mining, and is ideally positioned to take on the COO role. Ben already sits on the Company's Executive Committee and will continue to do so in his new role.
Before re-joining Lonmin, Ben worked at Glencore Xstrata where he headed up the Platinum Division with responsibility for the value chain across all mining and processing operations. He is a mining engineer by profession, holds a BSc in Engineering (Mining) from the University of the Witwatersrand, and has more than 30 years' experience in the Platinum mining industry.
Ben has been Acting Chief Operating Officer at Lonmin since 23 February 2015.
Lonmin's Chief Executive Officer, Ben Magara, said: "This is an outstanding appointment for Lonmin. Ben is well known and highly respected across mining in South Africa and he has made an exceptional contribution to the business since he re-joined us last year.
"I look forward to continuing to work closely with him as we execute our strategic plans to create value for all our stakeholders."
A new head of the Business Support Office will be appointed in due course. Ben Moolman will continue to oversee it for the time being.
- ENDS -
ENQUIRIES
Investors / Analysts:
Lonmin
Tanya Chikanza (Head of Investor Relations) +27 83 391 2859
Media:
Cardew Group Anthony Cardew/James Clark |
+44 20 7930 0777 |
Sue Vey | +27 60 523 7953 |
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 producersof PGMs. These metals are essential for many industrialapplications, especially catalytic converters for internal combustion engine emissions, as well as their widespreaduse in jewellery.
Lonmin's operations are situatedin the Bushveld Igneous 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. 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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