Metminco Limited announced that Mr. Antonio Ortuzar Vicuna, who has served as Chairman of Metminco since 16 March 2011, has elected to step down as Chairman, effective 30 June 2013, due to requirements relating to his partnership in Baker & McKenzie. Mr. Timothy Read, currently a non-executive director of the company, has accepted the position of Chairman, effective 30 June 2013. Mr. Read is currently a member of the Audit and Risk Committee of the company and Chairman of the Remuneration and Nomination Committee.