Mount Gibson Iron Limited announced the appointment of Mr. Kin Chan as an Independent Non-Executive Director of the Company. Mr. Chan has more than 25 years' experience in international capital markets, investment banking, corporate advisory and major transactions, particularly in Asia. Mr. Chan is also the Chairman of TIH Limited and Non-Independent Non-Executive Director of OUE Limited, both listed in Singapore. Through Argyle, Mr. Chan has invested in mines in Asia and Australia and most recently has had a central role in the acquisition and planned recapitalisation of PT Berau Coal, a major Indonesian mining interest.