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Lundin Mining CEO Rockandel resigns

3rd October 2023

By: Creamer Media Reporter

     

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Canadian base metals miner Lundin Mining on Monday announced that Peter Rockandel will step down at the end of the year and that Jack Lundin, current president and former director of the company, will be his successor.

The resignation comes as Lundin Mining last month moved its corporate headquarters to Vancouver, prompting a management exodus. In August, three senior vice presidents on the executive leadership team announced they were stepping down, including Kristen Mariuzza, Andrew Hastings and Patrick Boitumelo.

Jack Lundin would rejoin the board on January 1. He has served as president during the company's acquisition of a majority interest in the Caserones mine, in Chile, and the advancement of its portfolio of growth projects.

"During the last two years, under Peter's leadership, we have acquired a cornerstone asset in Caserones and successfully moved our corporate headquarters to Vancouver. We have improved operational and financial performance and set the foundation for future growth. None of this would have been possible without Peter's tireless efforts. The board deeply thanks him for his contributions,” commented chairperson Adam Lundin.

Looking forward, he said Lundin Mining was positioned for the next stage of future growth with a refreshed leadership team in place.

“Jack brings a combination of strong technical and capital market experience, as well as deep knowledge of our company's history and key stakeholders, to execute on our growth plans."

Prior to joining Lundin Mining, Jack Lundin was involved with several different companies within the Lundin Group. Most notably, at Lundin Gold he was involved in the construction and operation of the Fruta del Norte gold mine, in southern Ecuador.

Edited by Creamer Media Reporter

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