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FinnAust appoints experienced marketing advisor

Wed, 25th Jan 2017 10:46

(ShareCast News) - Greenland and Finland-focused FinnAust Mining announced on Wednesday that it has engaged the services of Titanium Industry Global Advisory as marketing advisor to the company.The AIM-traded firm said TIGA is an advisory firm specialising in providing strategic and commercial direction to the mineral sands industry, with a focus on titanium dioxide feedstocks.It said Bruno Cavalancia, managing director of TIGA and a mining professional with more than 25 years of experience in the mineral sands industry, will guide the company towards commercialisation and strategic partnering for the Pituffik Titanium Project in Greenland, where metallurgical test work has highlighted the potential for commercial production of an ilmenite product from a pure, high-grade mine concentrate.Prior to TIGA, Cavalancia was head of commercial and strategic development, Asia for Kenmare Resources.For the last five years of his career at Kenmare he was based in Singapore, where he managed the company's business development efforts in China, India and Japan.FinnAust said his career in the industry started at Rio Tinto where he worked for 20 years in senior global and regional roles within the titanium business unit, including director of business development, global director of sales and marketing and VP, sales and marketing, Asia.It said Cavalancia is recognised for developing and executing market entry and growth strategies as well as establishing competitive intelligence platforms and building long-term customer and stakeholder relationships throughout Asia, Europe and the United States."With a maiden JORC resource expected in the coming months ahead of bulk sampling in 2017, and metallurgical test work highlighting the potential for a commercially pure, high-grade concentrate, we remain committed to the fast-paced development of Pituffik," said CEO Roderick McIllree."In support of this, we are delighted to have appointed TIGA as we look to prove up the project's commercial viability."Bruno's proven experience within the mineral sands industry will be invaluable in positioning our product for sale and identifying potential end-users in order to maximise the value potential of Pittufik."
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28 Mar 2014 13:25

UK MIDDAY BRIEFING: FCA To Review Pensions, Life Insurance Policies

LONDON (Alliance News) - The life insurance sector was dragging down UK stock indices again Friday after the UK Financial Conduct Authority said it is set to begin an inquiry into up to 30 million policies sold from in the years prior to 2000.

The FTSE 350 sector is down 5.0% in rea

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28 Mar 2014 12:51

FinnAust Pretax Loss Widens On Expenses And Impairment Costs

LONDON (Alliance News) - FinnAust Mining PLC Friday said its pretax loss widened in its first half as expenses and impairment costs hit the company. The Finnish metals miner, which listed on AIM last December and is yet to produce revenues, said its pretax loss widened to GBP1.5 million for

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28 Mar 2014 11:33

UK WINNERS & LOSERS: Strategic Natural Rebounds; Life Insurers Fall

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.

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FTSE 100 - WINNERS

Glencore Xstrata, up 1.9%, Anglo American, up 1.6%, and Rio Tinto, up 1.4

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25 Feb 2014 10:42

FinnAust Shifts Drill Rig As Ice Lake Conditions Turn Favorable At Outokumpu Project

LONDON (Alliance News) - FinnAust Mining PLC, the Finnish metals miner that listed on AIM last December, Tuesday said it had started drilling an ice lake on its Outokumpu copper project to take advantage of good ice conditions, shifting its drilling rig from its Hammaslathi Copper Project.

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