US valuable metals producer Integra Assets has introduced that it has appointed George Salamis as president, CEO and director, taking on from outgoing Integra president and CEO Jason Kosec. Anna Ladd-Kruger has been appointed chairperson of the board.
“It is a pure time to transition our management as we pursue our imaginative and prescient as a rising valuable metals producer within the Nice Basin area. George will seamlessly step again into the function of CEO, a place he held upon founding Integra in 2017,” mentioned Ladd-Kruger.
Salamis will leverage his information constructed up over greater than 30 years within the world mining trade, together with with main mining operators Placer Dome and Cameco.
He’ll lead the crew with a give attention to our two strategic priorities, specifically reaching sustained profitability and operational excellence on the firm’s Florida Canyon mine, in Nevada, and advancing its built-in development pipeline via the DeLamar and Nevada North growth tasks, with an emphasis on allowing throughout a pivotal time for pure useful resource growth within the US, she highlighted.
“On behalf of the board, we want to thank Jason for his contributions to Integra and need him all the perfect in his future pursuits.”
“We’re grateful for Jason’s contributions to Integra, together with the function he performed in consolidating Integra’s exploration, growth and producing belongings in Nevada and Idaho, mentioned Salamis.
“By bringing these belongings collectively, Jason helped to ascertain a strategic path for Integra to grow to be a rising valuable metals producer within the Nice Basin of the Western US.”
The corporate’s Florida Canyon Mine will play a vital function in realising this imaginative and prescient.
“Over the course of 2025, we are going to strengthen our sturdy working and growth groups, including mining experience and manufacturing excellence to our government crew. Our objective is to announce a brand new COO throughout the first quarter of 2025 and have an expanded operations crew in place by early 2026,” mentioned Salamis.
The money stream the corporate generates on the Florida Canyon mine will assist the mine’s personal resiliency because it continues producing dependable worth, and the accelerated development of the DeLamar challenge, he highlighted.
“We are going to purpose to provoke the federal allowing course of for DeLamar in 2025, fastidiously timed as the brand new federal administration settles into its new roles, and start executing on insurance policies that carry jobs and investments again to the US and construct up native provide chains. That is an thrilling time to pursue accountable mining growth and sustainable operations within the US,” he mentioned.
In the meantime, Ladd-Kruger has performed a pivotal function in Integra’s development trajectory since she was appointed to the board in 2018, as director and audit chair.
She has greater than 25 years of trade expertise, together with via monetary and operational management roles at a number of Canadian publicly listed mining corporations.
She holds expertise in varied levels of the mining course of from exploration to multi-jurisdictional operations. Ladd-Kruger’s intensive government and director degree expertise for quite a few junior and mid-tier producers ideally positions her to steer Integra via the following part of development as a producing firm, it mentioned.
Salamis based the corporate in 2017, after which co-lead the profitable sale of Integra Gold to Eldorado Gold for C$590-million as government chairperson. For the reason that founding, he has been both president and CEO or government chair of Integra, and has fostered collaborative working relationships throughout the capital markets, shareholders, and stakeholders in Idaho and Nevada.
He has assembled a strategic board of administrators purpose-built to advance pure useful resource growth within the Nice Basin area, throughout a time when US federal coverage is shifting to prioritise home mineral manufacturing and cut back reliance on international provide chains, Integra mentioned.
“It has been a privilege to construct a high-quality asset portfolio at Integra, throughout a time when the trade wanted consolidation. I will likely be out there to the crew to make sure a clean transition of obligations and look ahead to realising worth as a shareholder,” mentioned Kosec.
