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GREAT WESTERN MINERALS GROUP APPOINTS MOHAMED MADHI AS RARECO PRESIDENT
GREAT WESTERN MINERALS GROUP APPOINTS MOHAMED MADHI AS RARECO PRESIDENT.
About this update from Great Western Minerals Group Ltd
[{"type":"text","content":"GREAT WESTERN MINERALS GROUP LTD. NEWS RELEASE TSX Venture Symbol: GWG CUSIP: 39141Y 10 3OTCQX: GWMGF GREAT WESTERN MINERALS GROUP APPOINTS MOHAMED MADHI AS RARECO PRESIDENT February 9, 2011 – Saskatoon, Canada: Great Western Minerals Group Ltd. (“GWMG” or the “Company”, TSX:V – GWG) announces that it has appointed Mohamed Madhi as President of Rare Earths Extraction Company Limited (“Rareco”) effective immediately. Mr. Madhi has served as a member of GWMG’s Advisory Board and on October 27, 2010 was appointed by Great Western Minerals Group to the Rareco Board of Directors. He has been Chairman of Areva South Africa and the Chief Executive of Safika Resources, a South African company focused on mineral exploration and mining. Mr. Madhi has also held executive positions at the Council for Scientific and Industrial Research, the largest research organization in Africa, at Eskom, the largest electricity utility in Africa, and at Harmony Gold, one of the world’s largest gold mining companies. The appointment was announced during the annual 2011 Mining Indaba in Cape Town, South Africa, a key global mining event that was attended by Great Western Minerals Group officials. GWMG President and Chief Executive Officer Jim Engdahl said “It was clearly the appropriate time to further elevate our level of leadership commitment to Rareco and the Steenkampskraal project. To be able to do so with someone with Mohamed Madhi’s experience and expertise in the African resource sector is yet another important step forward in the timely execution of GWMG’s corporate strategy of becoming a fully integrated Rare Earths producer.” Jim EngdahlPresident and CEO Great Western Minerals Group Ltd. is an integrated Rare Earths processor. Its specialty alloys are used in the battery, magnet and aerospace industries. Produced at the Company's wholly owned subsidiaries L...