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London Mining hires former Schroders chairman
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Sunday, 09 Dec 2012
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Reuters reported that iron ore miner London Mining has hired Mr Michael Miles to be its chairman, appointing the former chairman of fund manager Schroders to its board with immediate effect.

The miner, which produces iron ore in Sierra Leone, said that it current chairman, Mr Colin Knight, would step down from the role at the start of 2013, after almost 8 years.

Mr Knight said that "This is the right time for a new chairman to steer the company as it takes its projects in Sierra Leone and Greenland through to their next phases."

Mr Miles, who has also been chairman of speciality chemicals company Johnson Matthey, has experience in China, the world's largest consumer of iron ore, through an early career in Cathay Pacific.

Source - Reuters

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