Minera IRL’s shareholders boot out chairman Hodges

In roughly two weeks, Minera IRL (TSX:IRL; LON: MIRL) has lost community support of its Ollachea gold project in Peru, dismissed its interim CEO, and more recently has been forced to show its executive chairman Daryl Hodges the door.

The issues appear to have started after Minera IRL’s cofounder, executive chairman and CEO Courtney Chamberlain stepped down for health reasons in March. Hodges, who joined as director in Feb. 2014, took over Chamberlain’s board duties.

In April, Chamberlain, who spearheaded strong ties with the Ollachea community, passed away. A month after mourning his loss, Minera IRL appointed co-founder Diego Benavides as interim CEO. Benavides – a Peruvian lawyer and honorary member of the Ollachea community – previously held executive positions at two of the firm’s subsidiaries. He also played a role in establishing the publicly traded company, which has been producing from its Corihuarmi gold mine in Peru since early 2008.

Everything looked to be on track …

Read the complete article at  NorthernMiner.com/news/mineras-shareholders