In Brief: Trevali CEO to step down after 12 years
Canadian miner Trevali Mining said long-serving president and CEO Mark Cruise plans to step down from both positions once the company finds a replacement.
Mike Hoffman will also be replaced as board chairman, Vancouver-based Trevali said in a statement.
Cruise, a veteran geologist, has headed Trevali since 2007. He holds a PhD in geology from Ireland's Trinity College, formerly served at Anglo American and Vancouver-based Cardero Resource.
During his tenure, Cruise started up the Santander (Peru) and Caribou (Canada) poly-metallic mines and oversaw the acquisition of Glencore's Perkoa (Burkina Faso) and Rosh Pinah (Namibia) mines. He also contracted advanced studies at the Halfmile and Stratmat deposits in Canada.
"Over the past decade Trevali has transformed from a successful explorer to a multi-operational, zinc focused, global base metal mining company," Cruise said in the statement.
Trevali produced 406.9Mlb zinc, 41.7Mlb lead and 1.17Moz silver in 2018, compared with 225.1Mlb zinc, 45.8Mlb lead and 1.56Moz silver the previous year.
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