Beowulf Mining PLC Share News (BEM)

(Sharecast News) - Beowulf Mining announced on Thursday that its wholly-owned Swedish subsidiary, Jokkmokk Iron Mines, had appointed Dmytro Siergieiev as the project director for the Kallak Iron Ore Project, effective 1 May.

The AIM-traded firm said Siergieiev, originally from Ukraine, has been a resident of northern Sweden since 2007 and is proficient in Swedish.

It said he holds an MSc in hydrogeology from Kyiv National University, along with an MSc in geochemistry and a PhD in applied geology from the Luleå University of Technology.

Siergieiev would bring extensive experience to the role, Beowulf explained, having worked at Sweco, a prominent architecture and engineering consultancy, since 2015.

During his tenure, he served in various capacities, including assignment leader, business development manager, and most recently as team leader for Sweco's mine environment unit.

Beowulf said his work had primarily focussed on mine development, operation, and permitting projects in Scandinavia and internationally.

Siergieiev's immediate responsibilities would include overseeing and advancing the ongoing pre-feasibility study and environmental initiatives in preparation for the environmental permitting process.

"Dmytro has an excellent academic and professional track-record and is an ideal candidate to advance Kallak," said chief executive officer Ed Bowie.

"He brings dynamism and ambition, and I am confident he will be a great asset for both the project and company.

"As project director, Dmytro is a key hire for Beowulf and we look forward to working with him and building a team of professionals around him."

At 1225 GMT, shares in Beowulf Mining were down 5.88% at 0.8p.

Reporting by Josh White for Sharecast.com.