NioCorp Developments Ltd. (TSXV:NB,OTCQX:QREDF,FWB:BR3) announced the appointment of Mr. Mark A. Smith as CEO and a director of the Company.
As quoted in the press release:
Mr. Smith is well recognized in the mining community, having recently served as Chief Executive Officer and director of Molycorp, Inc., where he was instrumentally involved in taking it from a private company to a publicly traded company with a producing mine. Prior to that, he held numerous engineering, environmental and legal positions within Unocal Corporation (“Unocal”) and later acted as the President and Chief Executive Officer of Chevron Mining Inc. (“Chevron”), a wholly-owned subsidiary of Chevron Corporation. Mr. Smith also served for over five years as a Shareholder Representative of Companhia Brasileira de Metalurgia e Mineração (CBMM), part of the Moreira Salles Group, a private company that currently produces approximately 85% of the world supply of Niobium.
During his tenure with Chevron Mr. Smith was responsible for Chevron’s three coal mines: one molybdenum mine, a petroleum coke calcining operation and the Mountain Pass mine. Mr. Smith has been a Director of Avanti Mining Inc. since 2009, and has been a Member of the Advisory Board at NioCorp since February 2013.
NioCorp President, Peter Dickie, said:
We are extremely pleased to welcome Mark to a leading role within the Company as we continue development of the only primary Niobium deposit targeted for development in the United States. With his vast experience in mining operations and capital markets, we envision tremendous opportunities for NioCorp as we move the Company forward.