Kinross Gold Corporation (NYSE:KGC) has revealed on Wednesday the appointment of Lauren Roberts, Kinross Gold Senior Vice President (SVP) of Corporate Development, as the new Chief Operating Officer (COO) effective January 1.
Moreover, Kinross has also announced the appointment of Paul Tomory as the first Chief Technical Officer (CTO) effective January 1.
Roberts’ Appointment
Roberts’ appointment at Kinross Gold comes after Warwick Morley-Jepson, Kinross Gold COO and Executive VP (EVP), has decided to leave the company by the end of the year to take on new career endeavors.
Paul Rollinson, Kinross Gold CEO and President, cited Roberts’ nearly-three-decade experience in the mining industry as an associate and executive leader. Consequently, he is confident that Roberts will be beneficial in sustaining the company’s competent position in the industry.
Since joining Kinross Gold in 2004, Roberts has held several offices under different posts. Some of these notable positions include Senior Regional VP for the Americas and General Manager of Kettle River-Buckhorn mine. Prior to his stint at the company, Roberts had also served at Barrick Gold Corporation (USA) (NYSE:ABX) and Hecla Mining Company (NYSE:HL).
Tomory’s Appointment
As Kinross Gold CTO, Tomory will primarily oversee Project Development, and the technical aspects of Strategic Business Planning and Continuous Improvement, Supply Chain and Energy, and Technical Services.
Rollinson noted that the company seeks to enhance its operations with the creation of the new office. He said that Tomory brings in a rich portfolio of experiences and technical prowess, making him a perfect fit to handle the responsibilities of Kinross Gold CTO.
Tomory has been with the company for about eight years now, through all of which he oversaw various demanding roles. Prior to joining Kinross Gold in 2008, he had served at Bain & Co., Inc. and Golder Associates.
Q2 Financial Highlights
Kinross Gold has issued its second quarter earnings report last month.
For the period, the company had a revenue of $876.40 million, which is up year-over-year from $755.20 million. It had an adjusted operating cash flow of $187.20 million, which is up year-over-year from $161.40 million. Meanwhile, adjusted net loss was seen at $9.80 million, which is down year-over-year from $13.60 million.
