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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by howard52on May 29, 2012 12:25pm
282 Views
Post# 19956516

Good News

Good News

https://www.theglobeandmail.com/globe-investor/news-sources/?date=20120529&archive=cnw&slug=C3618

PRESS RELEASE FROM CNW GROUP

Cline - New Elk Mine Executive Appointments

Tuesday, May 29, 2012

TORONTO, May 29, 2012 /CNW/ - New Elk Coal Company LLC (the 'Company'), a wholly owned subsidiary of Cline Mining Corporation ("Cline") (TSX:CMK) announces the appointment of Mr. David J. Stone to be Chief Operating Officer (COO) and Mr. Darren Nicholls to be Deputy Chief Operating Officer of the Company.

Mr. Stone is an experienced Mining Engineer, previously General Manager, Underground Mining with Xstrata Coal, Australia with international responsibilities for the Xstrata mines and operations globally. David has been responsible for planning, development and performance of underground operations within Xstrata, as well as the assessment, review and acquisition strategy for potential new assets. David managed all aspects of Health, Safety, Environment, Human Resources and Industrial Relations integrated with the management of the commercial and physical requirements. Prior to joining Xstrata David had been employed with Anglo Coal, BHP and MIM in progressively important coal mine management, engineering, planning and business systems.

Mr. Nicholls is a qualified Mine Manager with broad experience in mine management operations most recently with Xstrata Coal, Australia as General Manager eastern operations and Manager Underground Operations. Darren was previously with ArcelorMittal London as Vice-President Mining-Management, Coal with operating and commercial accountability for thirty-one coal mines and six coal preparation plants internationally.

Mr. Stone will be fully responsible for the management of all New Elk Coal Company LLC personnel, management and operations, reporting to the CEO and Board of Directors of Cline Mining Corporation. Mr. Nicholls will report to Mr. Stone and will be Assistant COO.

Mr. Dennis Mraz will advise and assist in the New Elk management transition changes and assume his new duties as Vice President, Engineering of Cline Mining Corporation.

About Cline: Cline has significant metallurgical coal property interests in North America with NI 43-101 compliant independent Technical Reports. Cline Mining Corporation is a mine development company focused on the exploration and development of metallurgical steel making coals in North America, iron ore in Madagascar and the Cline Lake Gold Mine Property in northern Ontario, Canada.

CLINE MINING CORPORATION

Ken Bates, President and Chief Executive Officer

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