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Great Panther Silver’s chief to step down as miner moves into next phase of growth
Robert Archer, chief executive and president of Mexico-focused miner Great Panther Silver Ltd (TSE:GPR, NYSEMKT:GPL) is to step down this year as the firm moves into its next phase of growth.
He will stay in the role and continue to work with the board to find his successor.
A globally recognized recruitment firm has been hired to conduct a search for someone, who will maximize the company’s growth opportunities over the next five to seven years, Great Panther said.
Archer co-founded the miner in 2004 and has led its successful growth into a respected primary silver producer.
In a statement, the group said: “He has positioned the company with a strong balance sheet, a strong base of operations in Mexico and significant growth opportunity in Peru.
In this regard, the company is well placed to capitalize on growth opportunities with its existing assets and through acquisitions.”
In addition, Great Panther has appointed industry veteran Samuel Mah to a new position of vice-president, corporate development.
Mah was most recently employed at Silver Wheaton Corp as senior director, project evaluations, where he was responsible for the technical appraisal and due diligence review for its streaming deals.
Mah has also held engineering roles with AMEC Americas (metals and mining), SRK Consulting (Canada) Inc, Goldcorp Inc and Placer Dome Inc (now Barrick Gold Corp.).
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/176038/great-panther-silver-s-chief-to-step-down-as-miner-moves-into-next-phase-of-growth-176038.html
