Intermediate gold and silver miner McEwen Mining (TSX: MUX; NYSE: MUX) is picking up a new president and chief operating officer in the form of mining engineer Chris Stewart, who is leaving his position as president and CEO of junior gold developer Treasury Metals (TSX: ML; US-OTC: TSRMF).
Stewart worked for mining contractor Dynatec/DMC Mining for 14 years before moving over in 2007 to take on executive positions at various mining companies including Kirkland Lake Gold, Lakeshore Gold and BHP Billiton.
Stewart will join McEwen Mining effect Sept. 1, replacing Xavier Ochoa, whom McEwen says resigned as of July 13 to “pursue an opportunity closer to his home and family in South America.”
McEwen’s principal assets consist of: the San Jose gold-silver mine in southern Argentina’s Santa Cruz province (49% interest, with operator Hochschild at 51%); the Black Fox gold mine in Timmins, Canada; the El Gallo Fenix gold-silver project in Mexico; the Gold Bar gold mine under construction in Nevada; and the large, greenfield Los Azules copper-silver-gold project in Argentina.
Meanwhile at Treasury, the board led by chairman Marc Henderson has appointed current vice-president of corporate development and engineer Greg Ferron as interim CEO.
The company adds that vice-president of operations Bob MacDonald and project director Mark Wheeler will continue in their roles but with increased responsibilities.
Treasury is focused on developing its 100%-owned Goliath gold project in northwestern Ontario, where the company plans to build an initial open pit gold mine to feed a 2,500 tonne per day processing plant with subsequent underground operations in the latter years of the mine life.
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