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15/12/2011

Avalon Rare Metals CEO says feasibility study on target for late 2012

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Additional Information
Market: TSX
Sector: General Mining - Rare Earth Minerals
EPIC: AVL
Latest Price: C$1.50  (0,00%)
52-week High: C$7.56
52-week Low: C$1.44
Market Cap: C$154.78M
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Avalon Rare Metals
www.avalonraremetals.com

Avalon Rare Metals Inc. (TSX & NYSE Amex: AVL) is a mineral exploration and development company focused on rare metals deposits in Canada. Its flagship project, the 100%-owned Nechalacho Deposit, Thor Lake, NWT, is emerging as one of the largest undeveloped rare earth elements resources in the world. Its exceptional enrichment in the more valuable 'heavy' rare earth elements, which are key to enabling advances in green energy technology and other growing high-tech applications, is one of the few potential sources of these critical elements outside of China, currently the source of 95% of world supply. Avalon is well funded, has no debt and its work programs are progressing steadily. Social responsibility and environmental stewardship are corporate cornerstones. Avalon's performance on community engagement in the north earned it the 2010 PDAC Environmental and Social Responsibility Award.

 

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Avalon hires Mark Wiseman as VP of Sustainability

24th Nov 2011, 8:24 pm by Olivia D'Orazio

Avalon Rare Metals (TSE:AVL) has hired Mark Wiseman as vice president of sustainability, the company announced Wednesday. 

Under this role, Wiseman will be in charge of making sure the company delivers on its Corporate Social Responsibility obligations. 

Most importantly, he will "champion" Avalon’s health and safety programs to achieve the goal of zero harm in the workplace. 

In a statement, president, Don Bubar, said: "The addition of Wiseman to our management team is a testament to Avalon's commitment to bringing the Nechalacho project into production in the most environmentally responsible and safest way possible. 

"He actively promotes the principles of sustainability, and knows they can be achieved in a mining environment." 

He brings over 30 years worth of experience in the mining industry specifically in the area of community, environment and health and safety. 

He has served as director of health, safety and permitting for Xstrata Nickel on the Koniambo project in New Caledonia. 

Prior to that, Wiseman held a multitude of similar positions with Falconbridge Limited, in Canada and abroad. He spent three years at the Collahuasi project in Chile, where he reached a safety record of two million hours without lost time injuries. 

Avalon is a mineral explorer and developer focused on rare metals deposits in Canada. Its flagship project, the 100 percent owned Nechalacho Deposit, situated in Thor Lake, Northwest Territories, is emerging as one of the largest undeveloped rare earth elements resources in the world.

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