Mr. Frederick Sveinson has been appointed as President of Valterra Resource Corporation (TSXV:VQA,FWB:3VA). A professional mining engineer with more than 40 years experience in exploration, development, construction, operation and financing of mining projects ranging in size from 100 to 2000 tonnes per day in Canada, the United States, South America and Africa, his experience includes consultation with First Nations and regulatory authorities in British Columbia plus permitting.
Mr. Frederick Sveinson has been appointed as President of Valterra Resource Corporation (TSXV:VQA,FWB:3VA). A professional mining engineer with more than 40 years experience in exploration, development, construction, operation and financing of mining projects ranging in size from 100 to 2000 tonnes per day in Canada, the United States, South America and Africa, his experience includes consultation with First Nations and regulatory authorities in British Columbia plus permitting.
As quoted in the press release:
His senior management positions have included General Manager of Echo Bay’s Lupin and Sunnyside mining operations. He was also Vice President of Tonto Mining, the western subsidiary of Dynatec Mining, one of Canada’s largest mine contracting companies. More recently he was President and CEO of Merit Mining Corp. that developed the Greenwood Gold Project to production in southeastern BC and acquired/advanced the J&L polymetallic deposit near Revelstoke. In 2005, as President and CEO of Gold City Industries Mr. Sveinson was instrumental in forming a joint venture to acquire the former producing Bissett Gold Mine in Manitoba and merging the companies to form San Gold Corporation which returned the mine to production and now has a market capitalization of ~$0.5B. Mr. Sveinson is currently working as a Consulting Mining Engineer providing management and technical services to the mining industry through his wholly owned consulting company, International Mine Builders Inc. Mr. Sveinson’s largest client is the Manex Resource Group that manages several junior companies from its offices in Vancouver. He is also an Associate Principal Underground Mining Engineer with Pincock, Allen & Holt centred in Denver that provides a range of technical and financial services to its clients in the mining industry in the United States and internationally. Mr. Sveinson serves as a director of several public mining companies.
Click here to read the Valterra Resource Corporation (TSXV:VQA,FWB:3VA) press release
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MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1914.10 | -8.00 | |
| Silver | 23.46 | -0.12 | |
| Copper | 4.16 | -0.04 | |
| Palladium | 1713.17 | 0.00 | |
| Platinum | 1087.26 | 0.00 | |
| Oil | 77.46 | -0.44 | |
| Heating Oil | 3.05 | -0.01 | |
| Natural Gas | 2.71 | +0.04 | |