Talvivaara Mining Company Management Changes
Talvivaara Mining Company Plc
28 August 2013
Talvivaara Management Changes
Talvivaara Mining Company Plc ("Talvivaara" or "the Company") announces changes
in its management to reinforce and achieve the Company's operational and
financial targets. Management changes are effective from 1 September 2013 and
support Talvivaara's cost efficiency and productivity programme launched in June
2013.
Mr. Darin Cooper, BEng, Metallurgy and MBA (British citizen, born in 1967),
joins the Company as Chief Operating Officer and a member of the Company's
Executive Committee. Mr. Cooper moves to Talvivaara from the Nyrstar Group. Most
recently Mr. Cooper has served as General Manager for Nyrstar's Clarksville zinc
smelter in Tennessee, United States. Mr. Cooper has 20 years of experience of
base metals production and smelting as well as specific experience of projects
aimed at increasing productivity and cost-efficiency.
Following the changes, the members of the Talvivaara's Executive Committee will
be CEO Pekka Perä, Deputy CEO and Chief Financial Officer Saila Miettinen-Lähde,
Chief Commercial Officer Pekka Erkinheimo, Chief Sustainability Officer Eeva
Ruokonen, Chief Human Resources Officer Maija Kaski, Chief Operating Officer
Darin Cooper, Chief Metals Production Officer Pertti Pekkala and Chief Mining
Officer Kari Vyhtinen.
In addition to the Executive Committee, CEO Pekka Perä sets up a Technical
Executive Committee. Besides the CEO, the Technical Executive Committee will
consist of Chief Operating Officer Darin Cooper, Chief Metal Production Officer
Pertti Pekkala, Senior Vice President - Projects Lassi Lammassaari and Chief
Mining Officer Kari Vyhtinen.
Talvivaara's former Chief Operating Officer Harri Natunen will continue to work
for the Company as Senior Vice President - Energy. General Manager, Water
Management Maija Vidqvist will resign from her position at the end of September
but will continue working for Talvivaara as a consultant.
Enquiries
Talvivaara Mining Company Plc Tel +358 20 7129 800
Pekka Perä, CEO
Saila Miettinen-Lähde, Deputy CEO and CFO
Talvivaara Mining Company Plc
Talvivaara Mining Company is an internationally significant base metals producer
with its primary focus on nickel and zinc using a technology known as
bioheapleaching to extract metals out of ore. Bioheapleaching makes extraction
of metals from low grade ore economically viable. The Talvivaara deposits
comprise one of the largest known sulphide nickel resources in Europe. The ore
body is estimated to support anticipated production for several decades.
Talvivaara has secured a 10-year off-take agreement for 100 per cent of its main
output of nickel and cobalt to Norilsk Nickel and entered into a long-term zinc
streaming agreement with Nyrstar NV. Talvivaara is listed on the London Stock
Exchange Main Market and NASDAQ OMX Helsink. Further information can be found at
www.talvivaara.com.
Talvivaara management changes 28.8.13:
http://hugin.info/136227/R/1725312/575307.pdf
Talvivaara management changes 28.8.13:
http://hugin.info/136227/R/1725312/575306.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE
[HUG#1725312]