Executive VP Brad Moore to retire from PolyMet Mining
12 Junio 2020 - 8:15AM
Business Wire
Led project through most extensive
environmental review and permitting process in state
history
Brad Moore, executive vice president of environmental and
governmental affairs, will retire from PolyMet effective July 12,
2020, according to Poly Met Mining, Inc., a wholly owned subsidiary
of PolyMet Mining Corp. (together “PolyMet” or the “company”) TSX:
POM; NYSE American: PLM.
After joining the company in 2011, Moore guided the NorthMet
Project through the lengthiest and most comprehensive environmental
review ever conducted in Minnesota. Under his leadership, the
company was the first project to navigate the permitting process to
mine copper, nickel and precious metals from the mineral-rich
Duluth Complex in northeastern Minnesota.
“We are deeply indebted to Brad for his leadership and
outstanding contributions in guiding us through this process,” said
Jon Cherry, president and CEO. ”We are pleased that he has agreed
to continue his support of the company through ongoing consulting
on environmental and permitting matters as well as governmental
affairs on a part-time basis.”
“My PolyMet experience has been personally and professionally
rewarding; I am so pleased with the work our team has
accomplished,” Moore said. “It has truly been a once in a lifetime
opportunity. I look forward to continuing our relationship and
seeing Minnesota’s first copper-nickel mine built and
operational.”
Cherry said Moore’s position will not immediately be replaced
and his duties will be assigned to other executives and senior
management.
About PolyMet
PolyMet Mining Corp. (www.polymetmining.com) is a publicly
traded mine development company that owns 100% of Poly Met Mining,
Inc. (together “PolyMet” or the “company”), a Minnesota corporation
that controls 100% of the NorthMet copper-nickel-precious metals
ore body through a long-term lease. The project features
significant assets including the deposit itself and infrastructure
including existing rail, roads and utilities that connect the ore
body to the plant site approximately seven rail miles away. The
project is located in the established mining district of the Mesabi
Iron Range in northeastern Minnesota. Poly Met Mining, Inc. has
completed its Definitive Feasibility Study and received permits
that provide authorization to build and operate an open pit mine
and associated processing facilities. The permits, however, are
subject of ongoing litigation. NorthMet will take advantage of the
region’s established supplier network and skilled workforce, is
expected to require approximately two million hours of construction
labor, will create approximately 360 long-term jobs directly, and
generate a level of activity that will have a significant
multiplier effect in the local economy.
PolyMet Disclosures
This news release contains certain forward-looking statements
concerning anticipated developments in PolyMet’s operations in the
future. Forward-looking statements are frequently, but not always,
identified by words such as “expects,” “anticipates,” “believes,”
“intends,” “estimates,” “potential,” “possible,” “projects,”
“plans,” and similar expressions, or statements that events,
conditions or results “will,” “may,” “could,” or “should” occur or
be achieved or their negatives or other comparable words. These
forward-looking statements may include statements regarding the
ability to receive environmental and operating permits, job
creation, and the effect on the local economy, or other statements
that are not a statement of fact. Forward-looking statements
address future events and conditions and therefore involve inherent
known and unknown risks and uncertainties. Actual results may
differ materially from those in the forward-looking statements due
to risks facing PolyMet or due to actual facts differing from the
assumptions underlying its predictions.
PolyMet’s forward-looking statements are based on the beliefs,
expectations and opinions of management on the date the statements
are made, and PolyMet does not assume any obligation to update
forward-looking statements if circumstances or management’s
beliefs, expectations and opinions should change.
Specific reference is made to risk factors and other
considerations underlying forward-looking statements discussed in
PolyMet’s most recent Annual Report on Form 40-F for the fiscal
year ended December 31, 2019, and in our other filings with
Canadian securities authorities and the U.S. Securities and
Exchange Commission.
The Annual Report on Form 40-F also contains the company’s
mineral resource and other data as required under National
Instrument 43-101.
The TSX has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200612005103/en/
Media Bruce Richardson, Corporate Communications Tel: +1
(651) 389-4111 brichardson@polymetmining.com
Investor Relations Tony Gikas, Investor Relations Tel: +1
(651) 389-4110 investorrelations@polymetmining.com
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