Sourcing minerals for a more
sustainable future

Investigating EU Critical Raw Material Vanadium

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Our vision

Norge Mining has a clear vision: to become a global leader in sourcing and developing valuable minerals using modern and sensitive mining methods. We are creating a legacy and we understand our responsibility as its gatekeepers.

Our focus & priorities

This is a nascent industry in Norway, a country that is sitting on large, untapped mineral deposits, according to investigations so far. We are focusing our efforts on three high worldwide demand resources: vanadium, phosphates and titanium.

Considerate mining is at the core of our business model – in collaboration and constant communication with local neighbourhoods. Using innovation and technology, we aim to minimise any environmental impact. What’s more, some of the minerals we are sourcing will greatly contribute to a more sustainable global future.

Our evidence

Securing a stable, domestic region for developing these much-needed resources is not just our vision; the European Union has officially named vanadium, phosphates and titanium as ‘Critical Raw Materials’ (2020). That means they’re economically and strategically important for European economies, but have a high supply risk.

Our investors

A reliable partner, Norge Mining aims to build value for its shareholders. We will offer long-term opportunities at an attractive investment level, with significant upside. Norway is, politically and environmentally, one of the most stable and developed countries in the world and its government is strongly fostering the mining industry.

NORWEGIAN GEOLOGICAL INSTITUTE (NGU): “Ilmenite and vanadium in the Bjerkreim-Sokndal intrusion, together, constitute a world-class resource.”

Our team

Our team is made up of mining industry stalwarts, technology enablers, business growth experts and local entrepreneurs. We are excited by the huge potential that lies ahead and believe we are on the precipice of something truly great.

  • BOARD
  • MANAGEMENT
Oliver A. Baring
Chairman

Oliver A. Baring is an industry mover and shaker, who brings with him a vast heritage of global mining experience. He was a member of the advisory council at both Sentient Group and a US$2 billion mining private equity fund. He’s held Chairman roles at First Africa Group and Mwana Africa PLC, and was previously a Partner at Rowe & Pitman and Managing Director of UBS Warburg Mining Group worldwide. Oliver started out in the industry at Anglo American/De Beers Group. – Senior Independent Non-Executive Director: Ferrexpo PLC (2007-2016) – Advisory Council: Sentient Group Advisory Council (2001-2016) – Advisory Council: US$2 billion mining private equity fund – Chairman: Mwana Africa PLC (2005-2012). – Chairman: First Africa Group (2001) – Partner: Rowe & Pitman (1974-1986) – Managing Director: UBS Warburg Mining Group (1986-2001) – Anglo-American Corp/ De Beers Group

John Vergopoulos
CEO

John Vergopoulos brings decisive, hands-on leadership to Norge Mining, as well as an international financial ‘black book’ and years of experience in the mineral resources sector. He has a strong fundraising track record in capital, private equity and syndicated loan markets. He’s been an SME Board Director and a CEO and CFO for various publicly traded corporations in the tech and mineral resources industries. Over the years, John’s been in charge of dealing with government institutions throughout Europe, Africa and Asia. He started out his career as a chartered accountant in Deloitte’s London Audit Department.

Gunnar Holen
Non-Executive Director / CEO for Norge Mineraler AS

An economist by trade, Gunnar Holen has decades of professional experience in corporate finance, investment banking, energy and mining. A highly-acclaimed domestic and international investment analyst, he’s advised several early phase companies – and helped them evolve into multi-billion-dollar businesses. With an entrepreneurial flair, he also developed an independent investment research start-up and helped transform it into a fast-growing investment bank (CAR ASA). As its founder and CEO, Gunnar was at the helm of many successful corporate finance transactions.

Bert Nacken
Non-Executive Director

Dr. L.J.G. (Bert) Nacken obtained a PhD in Natural Science at the RWTH Aachen University (Germany). He joined Billiton/Shell in the Netherlands as a research metallurgist. Between 1980 to 2011 he worked globally in various senior roles at Billiton and then BHP in a number of commodities such as Gold, Nickel, Copper, Titanium and Iron Ore. He was President of the Cerro Matoso Ferro-Nickel mining and smelting operation in Colombia (1997-2001), COO of Nickel Operations Americas, Country Manager Colombia (2002-2004), President of the Minera Escondida Copper mine in Chile (2004-2007), Vice President of Resource and Business Optimisation in the BHP corporate office in Melbourne (2007 – 2009) and Chief Operating Officer of BHP Western Australia Iron Ore (2009-2011). Subsequently he ran his own Mining Consultancy firm from 2012 till 2018. Bert served as an Independent Non-Executive Director of Ferrexpo PLC from 2014 till 2019.

Dr. Christian Gübeli LL.M.
Attorney-At-Law / Financial Markets Specialist

Christian will monitor all aspects of financial market law for Norge Mining. He currently runs his own law firm in Switzerland. He’s previously worked in positions of high authority and responsibility in various large international banks, such as Managing Director at Vontobel (Private Banking) and Head of Legal & Compliance at the Swiss Branch of Dresdner Bank. He has a Master of Laws (LL.M).

Mike Hirschfield
CFO

Mike has served on the boards of a number of listed companies. In 1997, he incorporated his own private business to provide advice and support to a variety of AIM and main market listed companies. He started out his career as a qualified chartered accountant with KPMG, specialising in corporate finance. Mike is a graduate of the London School of Economics and Political Science.

John Vergopoulos
CEO

John Vergopoulos brings decisive, hands-on leadership to Norge Mining, as well as an international financial ‘black book’ and years of experience in the mineral resources sector. He has a strong fundraising track record in capital, private equity and syndicated loan markets. He’s been an SME Board Director and a CEO and CFO for various publicly traded corporations in the tech and mineral resources industries. Over the years, John’s been in charge of dealing with government institutions throughout Europe, Africa and Asia. He started out his career as a chartered accountant in Deloitte’s London Audit Department.

Michael Wurmser
Founder, COO & Deputy CEO

An astute economist and entrepreneur, Michael will advise on the finances and strategic direction of Norge Mining. He’s worked for Citibank Zurich, and has held a prestigious array of senior positions at multinational financial institutions in New York and Frankfurt. He’s previously been mandated by various governments, finance ministries and state banks to help settle sovereign debts. Over the years, Michael has advised on structure financing for companies in the natural resources, commodities and mining sectors in Russia, the Middle East and Mongolia.

Gunnar Holen
Non-Executive Director / CEO for Norge Mineraler AS

An economist by trade, Gunnar Holen has decades of professional experience in corporate finance, investment banking, energy and mining. A highly-acclaimed domestic and international investment analyst, he’s advised several early phase companies – and helped them evolve into multi-billion-dollar businesses. With an entrepreneurial flair, he also developed an independent investment research start-up and helped transform it into a fast-growing investment bank (CAR ASA). As its founder and CEO, Gunnar was at the helm of many successful corporate finance transactions.

Mike Hirschfield
CFO

Mike has served on the boards of a number of listed companies. In 1997, he incorporated his own private business to provide advice and support to a variety of AIM and main market listed companies. He started out his career as a qualified chartered accountant with KPMG, specialising in corporate finance. Mike is a graduate of the London School of Economics and Political Science.

Beat Kaelin
Chief Sustainability Officer (CSO)

Beat is a Swiss expert in Nature and the Environment with a Swiss federal certification. He has also had the experience of managing this skill set in the corporate environment, by building his own asset management company and focussing among others on sustainability which he subsequently sold to AIG. Currently he is also president of WWF Canton of Zurich.

Kristian Bader
Chief Operating Officer

Kristian Bader has extensive experience as Chief Operations Officer, most of which he gained as line manager and project manager in companies in the financial and technological industries. Kristian has furthermore founded and built up various companies. His strengths lie in the analysis, conception and implementation of organizational structures and processes and in the strategic development of these. He is also passionate about developments in the fields of technology, digitization and automation. Kristian has a Doctorate in Business Administration and holds Executive Master’s degrees in Business Law and Art Market Studies.

Sacha Lifschitz
Marketing Adviser

Sacha Lifschitz has studied business administration with a focus on strategy & organisation as well as finance at the University of St. Gallen, Switzerland. He has started his career in 1999 at the commodity trading and mining house Glencore in Baar, Switzerland. For more than a decade he has worked as a trader in the nickel department. He has been in charge of handling worldwide customers and suppliers and has, among others, developed new markets, both geographically as well as product specific, and managed and further developed the existing customer base. Since 2012 he is working both as an independent consultant and as an investor. On the one hand he has his own business consulting company servicing the commodities industry with a focus on strategy and marketing. On the other hand he is building and managing a portfolio of worldwide and upcoming start-up companies as an angel- and venture capital investor.

Monika Øksnes
Operations Manager

Monika started working for Norge Mining as a Camp Manager in June 2020, at the ongoing project in the municipalities Eigersund, Bjerkreim, Lund and Hå. Then, she was managing the logistics at the project’s camp. When there was time, she also assisted in the processing of drill core. Currently, she is working as the Operations Manager at the same project and is now responsible for the communications with stakeholders, municipalities, and politicians, both local and national. Additionally, she is still overseeing the logistics to make sure the operations are running smoothly. She studied geology at the University of Bergen, which resulted in both a bachelor and master’s degree. Thus, she has a broad understanding of geology and experience with both field and laboratory work.

Frank Blom
Project Manager

After graduating as Msc Mechanical Engineering from the Technical University in Delft, Frank started his career in 1981 with Shell/Billiton (now BHP) as Project Engineer. He worked on various JV projects for the Aluminium division in Australia, Brazil and Suriname. Subsequently he was appointed as Project Director for the Cerro Matoso Expansion project in the Nickel division in Colombia. Thereafter Frank moved to The Netherlands as COO of Dutch offshore Oil and Gas company Allseas. In 2003 Frank joined Billiton Suriname and later he became Project Director South America for the BHP Aluminium division overseeing projects in Brazil and Suriname. In 2008 Frank became Managing Director in Suriname with the task to lead BHP’s exit from the country. As Aluminium Integration Manager Frank lead numerous Due Diligence and Internal Peer Reviews before joining BHP Iron Ore in 2010 as London based CEO of the SMFG JV and Project Director of the Nimba Iron project in Africa. Since 2016 Frank has worked as an independent consultant. He also lectures occasionally at the Technical University of Delft on Project Management.

Jenny Kvilhaug Tuen
CFO Norge Mineraler AS

In February 2021, Jenny became part of the Norway Mining team as the CFO in Norge Mineraler. She has a MSc business and administration with a specialization in finance from the University of Stavanger. Despite her young age, Jenny has already gained good and varied experience in similar roles. She is committed and passionate about streamlining and digitizing in her field. Jenny will be responsible for the financial reporting, financial management and facility management in related to the project in Dalane and Hå. Jenny’s workplace is in Egersund.