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Ian Watson retires as Platmin CEO

I-Net Bridge | Mon, 12 Oct 2009 17:00
[miningmx.com] -- Mining group Platmin said on Monday that to ensure a smooth transition, it was evaluating suitable candidates to replace the company's chief executive officer, Ian Watson, who is to retire at the end of 2009.

Platmin Chairman, Keith Liddell, said, "Ian has been a director and executive of Platmin since 2004 and has guided the company from being an explorer to a producer."

The company announced that Cobus Bronn, the General Manager of Pilanesberg Platinum Mines Pty Ltd, has been appointed as a director of Boynton Investments Pty Ltd, Platmin's South African operating subsidiary. This appointment will facilitate a simplified reporting structure.

Innocent "Popo" Gumede has also been appointed as a director of Boynton. Gumede has extensive experience in labour and government related matters that will assist with the future development of the business. Gumede's primary areas of responsibility are employee and community relations and government liaison and facilitation.

Kwape Mmela, deputy chairman of Platmin and chairman of Boynton, said: "The appointment of Popo Gumede as a director of Boynton is intended to improve the dialogue between stakeholders in our various projects and he brings a wealth of facilitation experience to the company. Likewise, the appointment of Cobus Bronn will bring incremental hands-on knowledge and expertise to the Boynton board."

Platmin is an explorer and emerging PGM producer whose four key projects host mineral resources and reserves: Pilanesberg, M'phahlele, Grootboom and Loskop.

The Pilanesberg Project is presently in the 'ramp up' phase and is expected to meet the design production rates during 2009. The despatch of PGM concentrates to the smelter started in April 2009.




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