Hunnu Coal has announced two new executive appointments that will
enhance the effective management and strategic development of the company in
Mongolia. Angus Caithness is its new Chief Financial Officer. He was previously an Executive Director at Ernst
& Young and has been providing assurance and transaction advisory
services across the international resources community within established and
emerging markets for over 10 years. Caithness will also co-ordinate the company’s Hong Kong listing process.

T. Gansukh, previously
Head of the Transportation Department of the Government Agency for
Transportation in Mongolia, is the new General Manager of Transportation and
Logistics at Hunnu Coal. He will
supervise all coal transportation planning and management from the mine
sites to domestic and overseas
customers as well as other related logistical matters.