Katanga Announces Appointment of New Director
LONDON, United Kingdom, Nov. 5 /CNW/ - Katanga Mining Limited (TSX:KAT) ("Katanga" or the "Company") today announced that its Board of Directors has appointed Cornelis Erasmus as a new director of the Company. Mr. Erasmus is the seventh member of Katanga's Board of Directors and was appointed for a term expiring at the next annual general meeting of shareholders of the Company in 2010.
Mr. Erasmus has been an executive with Glencore International AG, a leading privately held, diversified natural resources company since 1997. He also serves as a director of Mopani Copper Mines PLC and Philippine Associated Smelting and Refining Corporation.
"We are very pleased to have Cornelis Erasmus as a member of the Katanga Board," said Hugh Stoyell, Chairman of the Board. "His experience in mining in Africa and around the world will be of great benefit to the Board."
About Katanga Mining Limited
Katanga Mining Limited operates a major mine complex in the Democratic Republic of Congo producing refined copper and cobalt. The company has the potential to become Africa's largest copper producer and the world's largest cobalt producer. Katanga is listed on the Toronto Stock Exchange under the symbol KAT.
For further information:
Katanga Mining Limited
Steven Isaacs
Interim CEO
+44 (0) 207 440 5824
or
Katanga Mining Limited
Nick Brodie
CFO
+44 (0) 7983 447 775
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