Business
Coro Announces Appointment of Luis Tondo as President and CEO
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2017) - Coro Mining Corp,  (TSX:...
About this update from Marimaca Copper Corp.
[{"type":"text","content":"Coro Announces Appointment of Luis Tondo as President and CEOFormer CEO Alan Stephens will remain with Coro as Executive Director responsible for exploration and opportunity-seeking activitiesVancouver, British Columbia--(Newsfile Corp. - June 12, 2017) - Coro Mining Corp, (TSX: COP) (\"Coro or the Company\") is pleased to announce that it has appointed Mr. Luis Tondo as its President and CEO effective June 12, 2017. Mr. Alan Stephens, a founder of the company who has served in this role since 2005, will continue on in the role of Executive Director responsible for exploration and opportunity seeking activities. This augmentation of the management team with operational expertise is the result of a succession planning process which has been under consideration by the previous CEO and the Board of Directors for some time, as the Company began to grow its operations.Mr. Tondo is a highly experienced mining engineer with a Bachelor's degree from the Universidade Federal do Rio Grande do Sul in Brazil; an MEngSc from the University of Queensland, Australia; and an MBA from the Fundacao Dom Cabral business school in Brazil. He has some 30 years of mining experience in Latin America and prior to joining Coro, spent the seven years as Chief Operating Officer at mid-tier copper and gold producers in Chile, Uruguay and Brazil, where he was responsible for operations, projects and business development activities. Prior to this, he spent five years developing multi-million dollar capital projects for Kinross Gold Corporation in Brazil and Chile, and 16 years in operations roles with Rio Tinto in Brazil. He is a Fellow of the Australasian Institute of Mining and Metallurgy, and a Qualified Person for the purposes of NI 43-101. \"We are delighted to have been able to attract Luis to take Coro forward as we continue develop as a copper producer,\" commented Coro Board Chairman Gordon Fretwell. \"His background, particularly in running mid-tier operations in Chile, provides the expertise that we need at this stage of Coro's development as we execute our business plan at our SCM Berta operations and develop our exciting Marimaca project. Having someone of Luis's caliber agree to join the Coro team is an endorsement of Coro's existing projects and is a reflection of the potential Luis sees as Coro moves forward and significantly augments our...