Base metals producer Lundin Mining on Thursday announced that CEO Marie Inkster would leave the company at the end of the year for personal reasons and that Peter Rockandel had been selected as her successor.
Inkster joined Lundin in 2008 and served as CFO for ten years before being appointed president and CEO, and director in 2018.
During her time with Lundin, the company has navigated through periods of challenging metal prices allowing it to grow profitably with the highly successful acquisitions of the Eagle mine in Michigan in 2013, the Candelaria Mining Complex in Chile in 2014 and the Chapada mine in Brazil in 2019.
Lundin board chairperson Lukas Lundin thanked Inkster for her contribution to Lundin’s evolution into the company it is today.
“The company has a bright future due to the solid foundation that has been built during her time with Lundin Mining and she has put together a highly effective senior leadership team around her to continue building on the success."
Rockandel has nearly 30 years of experience in the global resources and mining sectors, including currently as the company's senior VP for corporate development and investor relations.
"Peter is a well known and respected executive in mining capital markets with an exceptional track record," said Lundin. "In his current role, Peter has led strategic progress and delivered value for stakeholders, including the successful acquisition of Chapada. Peter's intimate knowledge of Lundin Mining surpasses his time with the company, having supported, through previous positions, most of the company's financing and acquisition efforts over the last decade and a half. The board believes that Peter is an excellent fit, focused on the future of the company in achieving its long-term strategic goals."