MINR Ft Minr

RNS No 0451u
IVERNIA WEST PLC
2nd February 1999


THREE NEW SENIOR MANAGEMENT APPOINTMENTS AT THE LISHEEN MINE, CO. TIPPERARY

Ivernia West plc and Minorco, the Joint Venture partners, who are currently
developing the Lisheen Mine Project in Co. Tipperary, are pleased to announce
three new senior management appointments to its management team.

Mr Bill Cash has been appointed Concentrates Sales Manager and will be
responsible for all aspects of the sale of zinc and lead concentrates on
behalf of the Lisheen Joint Venture partners.  Mr Cash previously worked as
Marketing Manager - Concentrates with MIM Holdings in Brisbane, where he was
responsible for negotiating and selling zinc and other concentrates to
Australian, Far Eastern and European smelters.  Mr Cash is from Queensland,
Australia.

Mr John Peters has been appointed Human Resources Manager and will be
responsible for all aspects of human resources and public relations
activities.  Mr Peters was previously Deputy Group Human Resources Manager in
the Avonmore-Waterford Group plc.  He is from Co. Kilkenny.

Mr Gordon Graham has been appointed Information Technology Manager, with
responsibility for all aspects of the organisation's information support
systems.  Mr Graham was previously Business Analyst / IT Manager with Elan
Corporation in Athlone.  He is from Limerick city.

The Lisheen Mine, the largest zinc-lead ore discovery in Europe in the past
decade, is on schedule to commence production in the final quarter of this
year.

Work on bringing the mine into production is well advanced and over 350 people
are currently employed in construction activities on site.  During the
fourteen-year lifespan of the mine over 300 people will be employed.


For further information:


Minorco - Contact Stephen O'Byrnes, Business Insight

Tel: 353 1 662 0510
or 086 814 8720

Ivernia - Contact Rachel Watchorn, Murray Consultants

Tel: 353 1 661 4666



END

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