Mining CEO Of The Year 2022 awarded to Filo Mining's Jamie Beck and Lundin Gold's Ron Hochstein
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(Kitco News) - Winners of Mining CEO Of The Year 2022 were two Lundin Family Trust affiliated companies.
In the non-operating category, the winner was CEO Jamie Beck at Filo Mining. In the operating category, Ron Hochstein at Lundin Gold was tapped.
The winners were announced Wednesday, March 8, 2023. Both were interviewed and presented with the award at PDAC 2023.
Kitco correspondent Paul Harris presented the awards.
"The winners were truly two deserving CEOs," said Harris. "Both have knocked it out of the park with their respective projects."
Filo Mining has been one of the most exciting resource stocks. The company started the decade at $2. It now trades above $20. The project could become a globally important mine.
Upon receiving the award Beck recognized the Lundin family in driving the project.
“This is a company that was founded and driven by the Lundin Family. We lost Lukas Lundin in 2022 who was not only a great friend but a mentor," said Beck.
“It's really the Lundin family who persevered with their belief and support of the project through all the years and the support of the team."
Lundin Gold (TSX:LUG), headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador. Fruta del Norte is among the highest-grade operating gold mines in the world.
In 2022 the company produced 476,329 ounces of gold at a low cash operating cost of $671
per oz sold and all-in sustaining cost of $805 per oz sold.
Upon receiving the award, Hochstein called it "humbling" and dedicated the award to the late Lukas Lundin and the team on site. Hochstein said that Lukas Lundin was a driving force behind the formation of the company.