
Incoming Excellon CEO to focus on financial stability

Excellon Resources’ incoming CEO Shawn Howarth pledged to return the company to financial stability, as operations wind down at the Platosa mine in Mexico.
Howarth will replace Brendan Cahill in the role from July 28, with Cahill remaining on the board of directors.
“Excellon has the foundation for future growth, including strong leadership at the board and management level, coupled with deep operating experience, particularly in Mexico,” Howarth said in a release.
“My near-term focus will be on optimizing the asset portfolio and returning financial stability to the company.”
Platosa, a silver-lead-zinc producer in Durango state and which has been producing since 2005, is scheduled to wind down in Q3.
The decision, announced in January, followed long-running dewatering challenges and entry into a steeper part of the deposit.
The company faced a brief strike at the mine in March.
In addition to Platosa, Excellon has the Evolución project in Mexico, and gold and silver projects in the US and Germany.
“As part of a renewed perspective on corporate strategy as we wind down operations at Platosa, we are establishing new leadership to position the company for its next phase of growth,” said chairman André Fortier.
Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.
News in: Mining & Metals (Mexico)

Mexico: Endeavour Silver Surpasses Upper Range of Production Guidance by Delivering 9.0 Million Silver Equivalent O...
Endeavour Silver Corp. is pleased to report full year 2022 production of 5,963,445 silver ounces...

Security remains a pending issue for Mexico's mining industry
Industry representatives say there is still work to be done to address the problem of insecurity in the country's mining areas.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Mining & Metals (Mexico)
Get critical information about thousands of Mining & Metals projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Yoquivo
- Current stage:
- Updated:
7 months ago
- Project: Plata Verde
- Current stage:
- Updated:
7 months ago
- Project: Jackie
- Current stage:
- Updated:
7 months ago
- Project: Tahuehueto
- Current stage:
- Updated:
7 months ago
- Project: Guigui
- Current stage:
- Updated:
7 months ago
- Project: Sonora Stage 2
- Current stage:
- Updated:
8 months ago
- Project: San Judas
- Current stage:
- Updated:
8 months ago
- Project: Mercedes (Magna Gold)
- Current stage:
- Updated:
9 months ago
- Project: Tepic
- Current stage:
- Updated:
9 months ago
- Project: Guanajuato
- Current stage:
- Updated:
9 months ago
Other companies in: Mining & Metals (Mexico)
Get critical information about thousands of Mining & Metals companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Thermo Fisher Scientific Latam
-
Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, with annual revenue of approximately $40 billion. Our Mission is to enable our customers to mak...
- Company: Itzcoatl Drilling & Services SA de CV  (Itzcoatl Drilling & Services)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Colibri Resource - Silver Spruce JV
-
Colibri Resource - Silver Spruce JV is a company formed by Colibri Resource Corp., and Silver Spruce Resources Inc. for the execution of the Jackie project, which is located in ...
- Company: Cámara Minera de México  (Camimex)
-
Mexican trade organization Camimex represents the interests of the local mining industry — providing a clear voice for Mexican mining. Headquartered in Mexico City, Camimex has ...
- Company: Proceso y Soluciones en Automatización EPSA S. de R.L. de C.V.  (EPSA México)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Grupo Acermex11
-
Grupo Acermex11 is a Mexican corporate business group that operates through its subsidiaries in different sectors of the economy, including industrial, commercial, agricultural ...
- Company: Fresnillo Plc  (Fresnillo)
-
Fresnillo Plc, a subsidiary of Mexican firm Industrias Peñoles (75% ownership), is a precious metal mining company incorporated in the UK and headquartered in Mexico City. Fresn...
- Company: Empresas Matco, S.A. De C.V.  (Matco)
-
Empresas Matco S.A. de C.V. is a Mexican equipment and services supplier for the construction, mining, transportation, power generation, agriculture, aquaculture, aggregates, ma...