Hycroft appoints former Newmont, AngloGold, Freeport execs to its board

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US-based gold and silver company Hycroft Mining Holding Corporation has strengthened its board with the appointment of former Newmont Mining Corporation CEO and CFO Richard O'Brien, former Newmont Mining Corporation general counsel and senior VP Blake Rhodes, former AngloGold Ashanti CTO Marcelo Godoy and former Freeport McMoRan Americas president Josh Olmsted to its board of directors, with effect from September 1.
"There are board appointments and then there are moments that reinforce the transformation of the company and underscore the potential significant opportunities ahead. Today is one of those moments. Hycroft is bringing together four extraordinary leaders in the global mining industry, each of whom has earned a level of industry credibility, experience and stature that has helped shape many mining companies.
"We believe this represents far more than an addition to our board. This is also an extraordinary vote of confidence in our vision, our asset, our people and the opportunities ahead," comments Hycroft chairperson and CEO Diane R Garrett.
She adds that Hycroft has, over the past several years, built a strong foundation through exploration success, the advancement of technical work to strengthen its operations and its balance sheet.
"The addition of Richard, Marcelo, Josh and Blake builds on that progress and further enhances the board's breadth of operating, technical and financial expertise. Each individual brings distinctive and highly relevant experience. Collectively, they have led major mining companies, operated large-scale mines, advanced complex technical projects and executed transformational transactions. Their perspectives, expertise and leadership will be invaluable as Hycroft continues to advance our asset and realise its significant potential," Garrett says.
Hycroft is developing the Hycroft mine, in Nevada.