On January 5, 2015, Katanga Mining Ltd. announced that Mr. Johnny Blizzard has been appointed as the new Chief Operating Officer of the company, effective immediately. He succeeded Mr. Don Peterson, who has held the position on an interim basis after the departure of Mr. Richmond Fenn. The company announced that Mr. Jeff Best, Chief Executive Officer of the company, tendered his resignation, effective February 12, 2015, to pursue other opportunities within the Glencore Group.

Mr. Best will remain available to ensure a smooth transition of responsibilities. Mr. Johnny Blizzard has been appointed as the new CEO and Director of the company, effective February 12, 2015. Mr. Blizzard joined the company on January 5, 2015, as its COO.

The company also announced that Mr. Jacques Lubbe, Chief Financial Officer of the company, tendered his resignation, effective February 12, 2015, to pursue other opportunities within the Glencore Group. Mr. Lubbe will remain available to ensure a smooth transition of responsibilities Mr. Matthew Colwill has been appointed as the CFO of the company, effective February 12, 2015. Mr. Colwill, ACA previously worked for the Company between October 2011 and November 2013 and subsequently held the CFO position at Mutanda Mining SARL, another subsidiary of the Glencore Group.

The company further announced that Mr. Don Peterson, the company's head of mining operations, has been appointed as the new Chief Operating Officer of the company, effective February 12, 2015, succeeding Mr. Blizzard who has been appointed as the new CEO. Mr. Peterson already held the COO position on an interim basis from November 14, 2014, until January 5, 2015.