PAM - Palabora Mining Company - Changes to Functions or Executive
PAM
PAM
PAM - Palabora Mining Company - Changes to Functions or Executive
Responsibilities of a Director
PALABORA MINING COMPANY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1956/002134/06)
JSE code: PAM & ISIN: ZAE000005245
("Palabora")
CHANGES TO FUNCTIONS OR EXECUTIVE RESPONSIBILITIES OF A DIRECTOR
In compliance with section 3.59 of the Listings Requirements of the JSE Limited,
Palabora hereby announces the following changes to the functions or executive
responsibilities of a director:
Mr. Charles A. Asubonten`s secondment contract as Chief Financial Officer ended
on 31 December 2009.
With effect from 1 January 2010, Mr. Marshall Bruce Snyder has been appointed in
the interim as acting Chief Financial Officer whilst a comprehensive recruitment
process for a suitable candidate is undertaken. Bruce is American and was based
in Rio Tinto`s Salt Lake City office from 2002. He is currently a Vice President
of Rio Tinto in the Copper Group. He has had previous Finance, Accounting,
Treasury and Investor relations roles with several New York Stock Exchange
publicly held real estate operating companies. Bruce holds BBA Accounting and
MBA Finance & Investment degrees from the George Washington University.
Phalaborwa
6 January 2010
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 06/01/2010 16:55:02 Produced by the JSE SENS Department.
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