VANCOUVER (miningweekly.com) – The TSX-listed stock of First Majestic Silver on Tuesday responded positively to a premarket announcement that the company has appointed VP of operations Dustin VanDoorselaere as its new COO.
VanDoorselaere will take up the new position on March 1.
Former COO Salvador Garcia, meanwhile, has been appointed to the new position of country manager of Mexico, and will be responsible for government and stakeholder relations in that country.
Garcia will work alongside VanDoorselaere going forward, the company said.
First Majestic also announced the appointment of Marjorie Co, effective March 1, to the board. Co has a background in law and business development.
The stock rallied more than 5% on Tuesday following the news, changing hands at C$12.43 apiece.