Talvivaara Mining Company Plc: Changes in Company Management
Talvivaara Mining Company Plc
7 March 2014
Changes in Company Management
Talvivaara Mining Company Plc ("Talvivaara" or the "Company") announces today
changes in Company Management.
Chief Operating Officer Darin Cooper is leaving Talvivaara to pursue his career
outside the Company. Chief Technology Officer Pertti Pekkala will assume interim
responsibility for the Sotkamo mine's operations until a new COO has been
appointed. In addition, the Company's Technical Executive Committee, consisting
of CEO Pekka Perä, Chief Corporate Development Officer Lassi Lammassaari and CTO
Pertti Pekkala and Environmental Manager Veli-Matti Hilla as a newly appointed
member, will take an increasingly active role in the management of the
operations at the Sotkamo mine.
Non-Executive Director Kirsi Sormunen has announced her resignation from
Talvivaara's Board of Directors due to personal reasons. Talvivaara's Annual
General Meeting, provisionally scheduled for 8 may 2014, will resolve on the
size and composition of the Board from the AGM onwards.
CEO Pekka Perä comments: "I thank both Darin Cooper and Kirsi Sormunen for their
efforts for the Company and wish all the best for their endeavors in the future.
I also warmly welcome Veli-Matti Hilla as a new member of our Technical
Executive Committee."
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. Talvivaara is listed on the London Stock
Exchange Main Market and NASDAQ OMX Helsinki. Further information can be found
at www.talvivaara.com.
Changes in Talvivaara management 7.3.14:
http://hugin.info/136227/R/1767104/600247.pdf
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Source: Talvivaaran Kaivososakeyhtiö Oyj via GlobeNewswire
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