Applied Minerals, Inc. announced the appointment of Ali Zamani to its board of directors. Mr. Zamani presently serves on the board of directors of Kaizen Discovery. From July 2012 to December 2013, Mr. Zamani was a Principal at SLZ Capital Management.

From 2004 through 2012, Mr. Zamani was a senior investment professional at Goldman Sachs Investment Partners and Goldman Sachs Principal Strategies. While at Goldman Sachs, he managed a portfolio focused on the energy, materials, utilities and industrials sectors. From 2002 through 2004, Mr. Zamani was a mergers and acquisitions analyst focused on the energy and utilities sectors at Dresdner Kleinwort Wasserstein.