LONDON–Iron-ore miner London Mining PLC (>> London Mining Plc) said Monday it appointed James North as chief operating officer, replacing Luciano Ramos, who is retiring to concentrate on family and personal interests.
Mr. North was previously at BHP Billiton Ltd. (BHP), where he was general manager of the Newman Joint Venture Iron Ore mines in the East Pilbara region of Australia. He has also worked as the general manager of operations at BHP Billiton’s Mozal aluminium smelter in Mozambique.
“James’ extensive experience in mine production and expansion, as well as his experience in Africa make him particularly qualified to contribute to London Mining’s next stage of growth,” Chief Executive Graeme Hossie said.
London Mining is producing from its Marampa Mine in Sierra Leone and developing two other iron ore mines in Saudi Arabia and Greenland as well as a coking operation in Colombia.
“Operations and construction at Marampa continue to run according to plan and we remain fully funded to achieve our near-term targeted production expansion to 5 million tons a year from this first phase,” Mr. Hossie said.
At 0725 GMT, London Mining shares were down 3.0 pence, or 1.5%,at 192.5 pence, in a slightly higher AIM index–up 0.4%.