Friday 16 December 2011

Rare Element Resources appoints Randal Scott as CEO

Rare Element Resources (TSE:RES) has appointed Randall Scott as president and chief executive, the company announced Friday.

Scott is a metallurgical engineer with over 30 years worth of experience in the industry. He has wide ranging experience in project development, program management and major improvement plans for companies from start-ups to major mining companies.

Most recently, Scott was vice president of corporate responsibility for Thompson Creek Metals Co. (NYSE:TC).

Prior to that, he held senior level roles at Cyprus Amax Coal Co. where he was in charge of operations, including mines in the Gillette area of Wyoming, Appalachian operations and process management.

In addition, Norman Anderson has stepped down from his role as chairman of the board, but he will remain a director of the company.
Donald Ranta has since been named as his replacement. 

The company said in a statement: "Throughout his career, Scott has repeatedly demonstrated his ability to create and communicate strategic vision and to lead diverse, multi-disciplinary teams in fast changing and challenging environments."

"Scott's experience in mine development, mining operations, and leadership of all aspects of mining companies will be another strong asset for Rare Element as we contemplate future rare earth production from the Bear Lodge project in Wyoming."

Rare Element Resources is engaged in the acquisition, exploration and development of mineral properties. The company’s flagship property is the Bear Lodge Property located in northeastern Wyoming.

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