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New Year heralds several senior management employments

4th January 2017

By: Henry Lazenby

Creamer Media Deputy Editor: North America

     

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VANCOUVER (miningweekly.com) – Early 2017 corporate activity saw a slew of senior management appointments being made by miners.

TSX- and NYSE-listed Tahoe Resources has appointed former Goldcorp president and CEO Chuck Jeannes to the board effective January 1.

Tahoe, a mid-tier precious metals producer, will benefit from veteran Jeannes’ more than 30 years of mining industry experience. Jeannes’ illustrious career included stints as Goldcorp’s executive VP for corporate development.

He joined Goldcorp in November 2006, following the company's merger with Glamis Gold, where he held several senior positions and played a key role in acquiring, financing and developing the Marlin, in Guatemala, and the El Sauzal and Peñasquito mines, in Mexico. Jeannes also served as VP of Placer Dome and also practiced law for 11 years, specialising in mining transactions before joining Glamis.

Horn of Africa-focused Nevsun Resources has also announced the appointment of Ian Pearce and David Smith as independent directors. The TSX- and NYSE MKT-listed company noted the appointments mark the first step in a planned board renewal process designed to reflect Nevsun's growth and strategic transformation following last year's acquisition of the Timok copper/gold project, in Serbia. Timok is expected to account for about 300% growth in copper output within five years.

Nevsun expects further evolution of the board in 2017 and before the next annual general meeting. The company said it plans to launch an international CEO search in 2017, in anticipation of CEO Cliff Davis' planned retirement.

Precious metals explorer SilverCrest Metals has announced the appointment of John Wright to the board. Endorsed as the founder, director, former president and COO of Pan American Silver Corp, he brings a wealth of former resources-based board memberships including Lumina Copper and Capstone Mining.

Emerging Colorado-based Pershing Gold announced that Timothy Arnold has joined the company as VP of operations. Arnold is currently the president of the Society for Mining, Metallurgy & Exploration (SME), with his term ending in February 2017. The veteran has more than 35 years mining experience with ten years as a GM of safe mines.

Pershing, which is fast-tracking reopening of the Relief Canyon mine, in Nevada, credited Arnold for his history of building strong management teams that work well together towards common goals.

Further, TSX-listed Continental Gold reported the appointment of current-serving president and CEO of North American Palladium James (Jim) Gallagher to its board. Gallagher, a seasoned professional mining engineer, has more than 30 years of progressive leadership experience in a series of roles spanning operations, projects, engineering, technology and consulting, including 24 years at Falconbridge in a variety of operational and project management roles.

Before joining NAP, Gallagher served as global director of mining at Hatch, leading one of the largest mining engineering, procurement and construction management teams in North America.

Canada-based flake graphite exploration and development company Alabama Graphite has selected Randy Moore as strategic advisor to the company. The former president of US Department of Defence multichemistry battery manufacturer, EaglePicher Technologies, which produces high-reliability batteries and energetic devices for the defence, aerospace and commercial industries, and provides significant experience and broad capability in battery electrochemistry.

Alabama's TSX-V-listed stock also on Wednesday started trading under the new ticker symbol 'CSPG', with the company explaining the change in stock symbol is intended to better reflect its core business model and primary point of market differentiation in the graphite development space – the production of coated spherical purified graphite ('CSPG'), trademarked as ULTRACSPG.

Alberta-based public company RMP Energy announced the immediate appointment of Josh Young as an independent director of the company. The appointment expands RMP's board to eight, seven of which are independent directors. Young is the portfolio manager for Houston, Texas-based Bison Interests, an investment firm specialising in oil and gas investments managing more than $65-million. Bison currently owns more than 11.5 million common shares of RMP, over 7.5% of the outstanding shares of the company.

Edited by Creamer Media Reporter

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