Appointment of Managing Director for Nordic Rutile AS
Nordic Mining has appointed Thomas B. Addison as Managing Director for Nordic Rutile AS, the subsidiary company holding the mineral rights for the Engebø rutile project.
Mr. Addison will manage and coordinate the development of the Engebø project.
Thomas B. Addison, currently production manager with Miljøkalk AS, a subsidiary of Franzefoss Minerals, has long and broad experience from the Norwegian mineral industry. He has held several key positions in various mining companies, ranging from exploration, mine planning and establishment, to planning, set-up and management of operations. He has also experience from the Norwegian Directorate of Mining. Mr. Addison is a mining engineer from the Norwegian University of Science and Technology in Trondheim.
CEO Ivar S. Fossum comments: “We are very pleased to have Thomas on board as the manager for Nordic Rutile and the Engebø project. He brings considerable experience regarding project development and operations management, and will be a valuable addition to our management team in Nordic Mining.”
For further information please contact CEO Ivar S. Fossum, telephone +47 930 96 850.
Oslo, 3 November 2015
Nordic Mining ASA
Nordic Mining ASA (www.nordicmining.com)
Nordic Mining ASA (“Nordic Mining” or “the Company”) is a resource company with focus on high-end industrial minerals and metals in Norway and internationally. The Company’s project portfolio is of high international standard and holds a significant economic potential. The Company’s assets are in the Nordic region.
Through the subsidiary Nordic Rutile AS Nordic Mining is undertaking large-scale project development at Engebø in Sogn and Fjordane where the Company has rights to a substantial eclogite deposit with rutile and garnet. Permits for the project were granted by the Norwegian government in April 2015. Nordic Mining has rights for exploration and production of high-purity quartz in Kvinnherad in Hordaland and develops the project through its subsidiary Nordic Quartz AS. Nordic Mining’s associated company Keliber Oy in Finland plans to start mining of lithium bearing spodumene and production of lithium carbonate. Nordic Mining holds exploration rights on the Øksfjord Peninsula in Troms and Finnmark, where the Company has discovered a prospective area of sulphide mineralisation. Through the subsidiary Nordic Ocean Resources AS, Nordic Mining is exploring opportunities related to seabed mineral resources.
Nordic Mining is listed on Oslo Axess.