JOHANNESBURG (miningweekly.com) – TSX-listed Excellon Resources has appointed Andre Douchane, the former chairperson of North American Palladium, as its new CEO, the company announced on Tuesday.

Douchane’s appointment will be effective July 15. He will be appointed to the board at the next board meeting.

Excellon chairperson and interim CEO Peter Crossgrove would retain his position as chairperson of the board, the company reported.

"This is an important step in Excellon's development and I am confident that Andre will guide the company to new levels of profitability, activity and growth and enhance shareholder value," said Crossgrove.

Excellon is producing silver, lead and zinc from the Platosa mine in the Mexican silver belt.

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