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Appointment of Executive Director

5 Oct 2011 07:15

RNS Number : 5494P
Sable Mining Africa Limited
05 October 2011
 



 Sable Mining Africa Limited/ Index: AIM / Epic: SBLM / Sector: Natural Resources

5 October 2011

Sable Mining Africa Limited ('Sable Mining' or 'the Company')

Appointment of Executive Director

 

Sable Mining Africa Limited, the AIM listed resource investment company, is pleased to announce the appointment of Mr. Petrus 'Peet' Snyders as an Executive Director to the Board and Chief Operations Officer of the Company's Coal Division with immediate effect. Mr. Snyders, who has 30 years experience in the mining industry, has held senior positions at miners including Anglo Platinum, Kumba Coal, Iscor Mining and Anglo Coal. He will oversee the development of Sable Mining's coal interests, which have a current attributable coal resource of 2.3 billion tonnes and be a valuable addition to the Group as it advances its multi-project portfolio of bulk commodities spanning South Africa, Zimbabwe, Liberia, Sierra Leone and Guinea.

 

Mr. Snyders has specialised in business management and development, business re-engineering, mine design and high technology mining and has taken numerous coal projects into production. He has held a number of high profile directorship positions, including his previous position, Director of Operations of South African based coal exploration and development company Keaton Energy Holdings (Pty) Ltd ('Keaton Energy'). Keaton Energy is currently developing the Vanggatfontein Coal Project which is contiguous to the Company's existing coal interests at Rietkuil, which is being advanced towards production in the near-term. He was also Managing Director of Riversdale Holdings SA and Business Manager at Anglo Platinum Limited.

 

Mr. Snyders holds a business management degree from the University of Johannesburg, a Bachelor of Engineering degree in mining from the University of Pretoria. He is a qualified mine manager and holds Mine Manager's Certificates for both Metalliferous and Coal Mines. He is a member of the South African Institute of Mining and Metallurgy, the South African Colliery Managers Association and the Engineering Council of South Africa. He has also been Chairman and Vice President of the Kwa-Zulu Natal South African Colliery Managers Association.

 

Sable Mining CEO Andrew Groves said, "Peet has extensive practical knowledge of bringing coal projects to production having held directorships and senior positions for leading coal mining companies across Africa. Peet's appointment will prove invaluable to Sable Mining and is extremely timely as it comes at a watershed point in the Company's development as we rapidly advance our coal interests." 

 

Petrus Casparus Christiaan Hendrik Snyders, aged 51, currently holds or has held the following directorships and partnerships in the last five years:

 

Current Directorships

Directorships held in the last five years

None

Riversdale Anthracite Coal

 

Riversdale Holdings

 

Keaton Energy Holdings

 

Zululand Anthracite Colliery

 

There are no further disclosures to be made in relation to Peet Snyders pursuant to Schedule Two, paragraph (g) of the AIM Rules for Companies.

 

 

** ENDS **

 

For further information on the Company, visit: www.sablemining.com or contact:

 

Andrew Groves

Sable Mining Africa Ltd

Tel: 020 7408 9200

Jonathan Wright

Seymour Pierce Ltd

Tel: 020 7107 8000

David Foreman

Seymour Pierce Ltd

Tel: 020 7107 8000

Nick Stone

Matrix Corporate Capital

Tel: 020 3206 7000

Richard Greenfield

GMP Securities Europe LLP

Tel: 020 7647 2836

Hugo de Salis

St Brides Media & Finance Ltd

Tel: 020 7236 1177

Susie Geliher

St Brides Media & Finance Ltd

Tel: 020 7236 1177

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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