Make Kitco Your Homepage

Great Panther Announces Name Change; Beadell Acquisition Finalized

Kitco News

Editor's Note: Kitco News has the best precious metals coverage in the world and is in the process of improving its mining news, so we want to hear from you. If you work in the mining sector please take this short survey to help us bring you the news you want.

Great Panther Silver Ltd. has changed its name to Great Panther Mining Ltd. (TSX: GPR; NYSE American: GPL) and has completed the acquisition of Beadell Resources Ltd. The acquisition "immediately transforms Great Panther into an intermediate precious-metals producer with a strong and diversified portfolio of producing mines, advanced stage growth projects, and exploration assets," says James Bannantine, president and chief executive officer of Great Panther Mining. "Combining Great Panther and Beadell's respective guidance adds to approximately 200,000 of gold-equivalent ounces for 2019 and positions the company in the ranks of intermediate producers” He says the company’s near-term focus will be on the integration of Brazilian operations, continued optimization of the Tucano gold mine, and advancing an exploration program for Tucano. Nicole Adshead-Bell, former chief executive and managing director of Beadell, joins Great Panther's board of directors.

By Allen Sykora of Kitco News; asykora@kitco.com

 

Greg McCunn To Become CEO Of Asanko Gold

Tuesday March 5, 2019 09:06

Greg McCunn has been named chief executive officer and director of Asanko Gold Inc. (TSX, NYSE American: AKG), effective April 1, the company announces. Peter Breese, current president and CEO, will transition to the newly created position of president and chief operating officer, reporting to McCunn, and will remain a director. McCunn was previously Asanko’s chief financial officer from 2011 to 2017. Breese will be responsible for operations at the flagship Asanko Gold Mine in Ghana, maintain oversight on the Esaase development program and oversee the technical team in its Johannesburg project office. “Greg’s in-depth knowledge of the business, the country, our values and processes will make this a seamless transition,” Breese says.

By Allen Sykora of Kitco News; asykora@kitco.com

 

Andrea S. Freeborough Named Next CFO Of Kinross Gold

Tuesday March 5, 2019 09:06

Andrea S. Freeborough has been named chief financial officer of Kinross Gold Corp. (TSX: K; NYSE: KGC), effective May 1. She will succeed Tony S. Giardini, who will be leaving the company, Kinross says. Giardini will assist in the transition, the company says. J. Paul Rollinson, president and chief executive officer, says Giardini’s focus on capital management strengthened the company’s financial position. “Andrea’s successful track record at Kinross and throughout her career, including accounting, international finance, M&A [merger and acquisition], and deep management experience, will be an excellent addition to our leadership team,” Rollinson said. She first joined Kinross in 2009 as vice president, corporate controller, before moving into other duties.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Precious Metal Charts

Follow Kitco News