Mount Gibson Iron Ltd. announced the appointment of Mr. Jim Beyer as Chief Executive Officer of the Company. Mr. Beyer has been the Acting Chief Executive Officer of the company since December 2011, after joining the Company as Chief Operating Officer in November 2011. During that time, he has worked closely with the Company's Board to review and implement a clear corporate development and growth strategy. He has also been responsible for the management of the Company's existing mining, port and infrastructure operations. He has a broad range of operating and start-up experience encompassing 25 years across a number of commodities, including 10 years in general management, operational and planning roles with WMC Resources at its Olympic Dam operation in South Australia.