JOHANNESBURG (miningweekly.com) – JSE-, TSX- and Aim-listed mineral explorer Platmin on Wednesday reaffirmed the appointment of Tom Dale as CEO and as a director to its board, with immediate effect.

Platmin announced in late October that Dale would become its CEO on December 1 and that Brian Gilbertson would be nonexecutive chairperson.

Dale resigned as a director of South African fluorspar-miner Sallies in October and stepped down as CEO at the end of November.

Meanwhile, Platmin advised shareholders that it was changing its financial year-end to December 31, meaning that the next financial year would start on January 1, 2010.

Currently, Platmin’s financial year-end was the last day in February in each calendar year.

Platmin would also file interim unaudited financial statements for the three and nine-month periods ended November 30, 2009.

“The change will help us streamline our quarterly financial reporting to be calendar based in line with the majority of mining companies and aligns us with the financial year end of our major shareholder Pallinghurst Resources,” said Platmin CFO Wayne Koonin.

Platmin’s flagship project in South Africa is the Pilanesberg mine. It also owns the Mphahlele, Grootboom and Loskop projects, but its main attention is on bringing the Pilanesberg mine to full production.

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