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GWMG appoints new director

9th January 2013

By: Henry Lazenby

Creamer Media Deputy Editor: North America

  

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TORONTO (miningweekly.com) – Great Western Minerals Group (GWMG) on Tuesday said it had appointed Ron Hochstein to its board of directors with immediate effect.

Hochstein is currently president, CEO and a director of Denison Mines, positions he has held since 2009.

Previously, his senior management positions were with International Uranium, HA Simons Mining Group, Noranda and North Canadian Oils.

Hochstein is currently also president of Uranium Participation, an investment holding company which invests substantially all of its assets in uranium.

He holds a MBA from the University of British Columbia and a BSc in mineral process engineering from the University of Alberta. His professional affiliations and certifications include membership of the Professional Engineers of Ontario, the Canadian Institute of Mining, Metallurgy and Petroleum, and the Society of Mining Engineers.

"GWMG is pleased to have attracted another independent board member with exceptionally strong qualifications, significant mining experience and a knowledge base that will be of great value to our company. Ron Hochstein's track record with putting mining projects into production in many parts of the world and his knowledge of global mining issues will assist GWMG in effectively delivering our projects,” GWMG interim president and CEO Robert Quinn said.

GWMG is focused on becoming an integrated rare earths producer. The company produces specialty alloys which are used in the aerospace, automobile, computer and high-tech industries, through its fully owned subsidiaries Less Common Metals, in Birkenhead, UK, and Great Western Technologies, in Troy, Michigan.

As part of the company's vertical integration strategy, GWMG also holds full ownership in its subsidiary, Rare Earth Extraction, which owns a 74% equity interest in the Steenkampskraal mine, in South Africa.

Edited by Creamer Media Reporter

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