ERO Mining Limited announced the appointment of Joseph (Joe) Houldsworth as Managing Director. Houldsworth brings over 40 years' experience in the minerals and gold mining industry to his new ERO role. In conjunction with the appointment of the new Managing Director, the company announced that non- executive Directors, Mr. Hector Gordon and Mr. Michael Hatcher, will retire. As their replacement, the company has appointed Mr. Ewan Vickery to the ERO Board of Directors. Mr. Vickery brings over 30 years' experience to the Board as a corporate, mining and petroleum lawyer, with a special interest in native title and land access issues.

ERO Mining Limited announced that Mr. Kevin Lines has resigned from his position as Chief Executive Officer, effective immediately. Kevin has been involved with the Company since its inception in 2006 but has decided to pursue other business and personal interests.

ERO Mining Limited announced consolidated earnings results for the year ended June 30, 2012. For the year the company reported net loss attributable to owners of AUD 882,755 or 0.220 cents basic and diluted loss per share on revenue from continuing operations of AUD 32,370 compared to loss attributable to owners of AUD 11,760,015 or 4.938 cents basic and diluted loss per share on revenue from continuing operations of AUD 222,705 of prior year. Loss from continuing operations after tax was AUD 882,226 or 0.178 cents basic and diluted loss per share from continuing operations against loss from continuing operations after tax of AUD 11,760,015 or 4.938 cents basic and diluted loss per share from continuing operations of prior year. Net cash used in operating activities was AUD 470,943 against AUD 853,569 of prior year. Purchase of property, plant and equipment was AUD 2,324.