Economic Geologist Professor Dr Gregor Borg appointed
Heidelberg. As from 01 June 2010, Prof Dr Gregor Borg will join the supervisory board of Deutsche Rohstoff AG. He replaces Dr Rainer Strickler who is retiring for reasons of age. Gregor Borg was appointed at the shareholder’s meeting on 19 April 2010.
Gregor Borg is holding the chair in Economic Geology and Petrology at the Institute of Geosciences of the Martin-Luther-University Halle-Wittenberg. His career is shaped by scientific research as well as practical exploration experience. He complemented his geology studies in Bochum with uranium and non-ferrous metal exploration in Southern Germany for companies such as Gelsenberg, Pathfinder Mines Corp. and BP-Minerals between 1980 and 1983. During his doctoral studies in the mining country South Africa, he was working as an advisor for companies such as Rio Tinto, Goldfields, Gencore and Metorex. Subsequently, he served for five years as an instructor for gold exploration in Tanzania on behalf of the German Federal Ministry of Economics, training geologists and helping to prepare the country for the upcoming liberalisation of the private resource exploration.
Since 1993, besides his professorship at the Martin-Luther-University, Prof. Borg acted as an exploration consultant to Anglo American for 15 years throughout Africa and Europe. With Anglo American in Tanzania, he was involved in the discovery of three gold deposits containing more than one million ounces of gold each. His recent research was instrumental to the understanding of the exploration criteria for innovative, toxic-free “eco-“zinc ore.
Prof Borg has been backing up Deutsche Rohstoff AG since 2007 as a member of the scientific-technological advisory board. Dr Titus Gebel, CEO with Deutsche Rohstoff AG, commented on Prof Borg’s appointment to the supervisory board as follows: “We are glad to have won an internationally renowned economic geologist for our supervisory board. We will surely benefit even more than before from his experience and his national and international connections.”
Deutsche Rohstoff AG (Heidelberg, Germany), listed in the Entry Standard segment of Frankfurt Stock Exchange, is establishing a new primary producer. The company’s focus is placed on gold, oil/gas and so called high tech metals such as indium, gallium, rare earth metals, cobalt. All projects are located in countries marked by political stability, the core area being Germany. The business concept is based on redeveloping deposits which have been well explored in the past. Production start is scheduled for 2010.
Please visit www.rohstoff.de for more information.
Heidelberg, 31 May 2010
Dr. Thomas Gutschlag
Deutsche Rohstoff AG
Friedrich-Ebert-Anlage 26, 69117 Heidelberg
Tel: 06221/652 4730
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