The new CEO of Impala Platinum, Terence Goodlace.

Johannesburg, South Africa --- MININGREVIEW.COM --- 31 January 2012 - Impala Platinum Holdings Limited (Implats) has announced the appointment of Terence Goodlace as CEO and as an executive director to the board of directors of the company with effect from 1 July 2012.

Goodlace brings with him extensive mining experience having worked in the mining industry since the late 1970’s when he started his working career as a learner miner.

He worked his way up to general manager at Kinross and Evander Gold Mines obtaining his Mine Managers Certificate of Competency (Metallipherous Mining) in 1988. He also holds a Bachelor of Commerce degree from the University of South Africa and a Masters in Business Administration from the University of Wales.

Goodlace is the CEO of Metorex Limited, a JSE company which was delisted on 16 January 2012 following the successful takeover by the Jinchuan Group Limited. He previously held various senior strategic and operational positions with Gold Fields Limited, including membership of their executive committee and head of international and South African operations.

Chairman of the Implats Board Khotso Mokhele said: “Terence, who has served on the board since August 2010, brings a wealth of mining knowledge to the company and will be a great asset to the Implats team.”