Canadian Mining Journal

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MINING PEOPLE IN THE NEWS: Blue Note, Foundation Resources, Goldsource, HudBay, MAC and Rainy River

Blue Note Mining of Montreal has named Leon Methot its chairman and CEO an John Martin its president and COO. ...


Blue Note Mining of Montreal has named Leon Methot its chairman and CEO an John Martin its president and COO. Also Jean Mayer is now executive VP. The company is hoping to put the Croinor gold project near Val d’Or, QC, into production.

The management team of Vancouver-based Foundation Resources has been shuffled to reflect these changes: Paul Chun moves from president to CEO; John Hiner relinquishes his duties as CEO but remains chairman; and Ike Osmani becomes the company’s president.

Goldsource Mines of Vancouver has appointed N. Eric Fier as COO. He was the company’s principal consultant for the Saskatchewan Border coal project. Barney Magnusson becomes COO, replacing Graham Thody.

David Garofalo, former CFO at Agnico-Eagle, is joining HudBay Minerals on July 12, 2010, as president and CEO. In 2009, he was named Canada’s CFO of the Year by Financial Executives International Canada, TopGun CFO by Brendan Wood International and was given the award for Best Investor Relations by a CFO by IR Magazine. Garofalo is a graduate of the University of Toronto (B.Comm) and a chartered accountant. He also serves on the board of directors of York Central Hospital Foundation.

The Mining Association of Canada, headquartered in Ottawa, has elected Teck’s senior VP of sustainability and external affairs, Doug Horswill, its new chairman. He replaces Jim Gowans of De Beers Canada who has completed a two-year term.

Toronto’s Rainy River Resources has named James Excell and Richard Pettit directors of the company. Excell was a member of the team that developed the Ekati mine, Canada’s first diamond producer.


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