Ralf Nordén named permanent CEO of Dannemora Mineral and creates new organisational structure

Ralf Nordén has been confirmed as permanent President and Group CEO of Dannemora Mineral from June 15, 2013. Nordén is acting CEO since December 2012. Basing the Group CEO in Dannemora shows the company is determined to strengthen its focus on iron production in the Dannemora mining area.

“Following my first two months at the company I am cautiously optimistic about the road ahead. A great deal is already in place and production is running to plan. The teething problems we have had at the sorting plant have now been identified and we have a good action plan that I am convinced will enable us to overcome them,” says Ralf Nordén, President and Group CEO.

We are now restructuring the Group to clarify who does what and ensure we manage to fully focus on mining operations at Dannemora while also being able to continue to be an active force on the market when it comes to new projects. The previously dormant Dannemora Prospektering is being reactivated under the new name of Dannemora Iron Ore Development. All relevant exploration permits owned by the group will be transferred to the company. The Group CEO will take over as acting MD.

Dannemora Magnetit's organisational structure where Managing Director Pär Göting heads operational activities in Dannemora, has been strengthened and streamlined. By creating a new position as mining manager who, together with the sorting plant manager, will manage production above and below ground, we aim to clarify and improve lines of responsibility and cooperation between the mine and sorting plant.

The new mining manager, Gunnar Rådberg, joins from Bergteamet AB and has also worked at several Boliden mines. Rådberg has a ph lic in rock mechanics from Luleå University of Technology. Jan Lindsund, who has previously worked for Sandvik Coromant and LKAB, will continue as sorting plant manager.

Fredrik Ahlberg who joins from Bergteamet Raiseboring, has been appointed to the other newly established position of maintenance manager.

Group management of Dannemora Mineral AB continues to comprise Ralf Nordén, President and CEO, Niklas Kihl, CFO, Jan Vestlund, Head of Sales and Marketing, Pär Göting MD Dannemora Magnetit AB and Yvonne Gille, Head of Human Resources and Communications.

For further information, please contact:

Ralf Nordén, President and  CEO
Telephone 46 709374891
ralf.norden@dannemoramineral.se

Dannemora Mineral AB is a mining and exploration company of which the primary activity is mining operations in the Dannemora iron ore mine. The Company also engages in exploration activities to increase the iron ore base locally and regionally in several areas in Uppland where the potential for finding mineable deposits is considered good.

Dannemora Mineral comprises the Parent Company Dannemora Mineral AB and the wholly owned subsidiaries Dannemora Magnetit AB (responsible for operation of the Dannemora mine and the Group’s exploration activities) and Dannemora Förvaltnings AB (responsible for the property portfolio) and Dannemora Iron Ore Development AB, where parts of the company’s future exploration will be operated.

The Company’s most important asset is the iron deposit in the Dannemora Mine, and activity is focused mainly on the mining of this deposit at present.

he Company is listed on NASDAQ OMX First North, Stockholm, and Oslo Axess. The Company's Certified Adviser on First North is Remium AB. 

The Company's independent qualified person is mining engineer Thomas Lindholm, Geovista AB, Luleå. Lindholm is qualified as a Competent Person as defined in the JORC Code based on education and experience in exploration, mining and estimation of mineral resources of iron, base and precious metals.

About Us

Dannemora Mineral AB is a mining and exploration company of which the primary activity is mining operations in the Dannemora iron ore mine. The Company also engages in exploration activities to increase the iron ore base locally and regionally, and to explore for base and precious metals in several areas in Uppland where the potential for finding mineable deposits is considered good. Dannemora Mineral comprises the Parent Company Dannemora Mineral AB and the wholly-owned subsidiaries Dannemora Magnetit AB (responsible for operation of the Dannemora mine and the Group’s exploration activities) and Dannemora Förvaltnings AB (responsible for the property portfolio). The Company’s most important asset is the iron deposit in the Dannemora Mine, and activity is focused mainly on the mining of this deposit at present. The Company is listed on NASDAQ OMX First North, Stockholm, and Oslo Axess. The Company's Certified Adviser on First North is Remium AB.

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