TORONTO (miningweekly.com) – Tim Baker, COO of Toronto-based gold-miner Kinross, will retire at the end of this year, the firm announced on Monday.

Baker will step down “to pursue personal interests and spend more time with his family”, Kinross said in a statement.

“We are delighted that Tim has agreed to remain with Kinross until the end of the year, to carry on with his current responsibilities and to ensure a smooth transition following the selection of his replacement," said CEO Tye Burt.

Kinross owns mines in the US, Russia, Brazil and Chile. The company is scheduled to report first quarter results later this week.

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