Sable Mining Africa Limited announced that it has appointed Mr. James Cochrane as Chairman with immediate effect. At the same time, Mr. Peet Snyders is stepping down as a director, also with immediate effect. Mr. Phil Edmonds, who has held the position of Chairman since the company was established, remains a director and will move into a non-executive role.

Mr. Cochrane's appointment will provide the Board with specific industry focused strength, experience and expertise as the company progresses with the next stage of its development advancing its world-class Mount Nimba iron ore project in Guinea towards commercial production, a milestone which is targeted for 2015. Most recently, he was Executive Director and Chief Commercial Officer at ENRC where he was responsible for the group's marketing and logistics businesses. Prior to his time at ENRC, Mr. Cochrane spent 12 years with Billiton/Gencor in various corporate and production management roles.

He has extensive experience in managing mining operations in Africa.