Tony Makuch has resigned his post as vice-president of Canadian operations at Lake Shore Gold, and will take on the position of CEO at Kirkland Lake Gold.
The news was relayed in a June 13 press release, which simultaneously announced the resignation of George Ogilvie from KL Gold’s top spot.
"After careful consideration, the board of directors has determined that Tony is ideally positioned to lead Kirkland Lake Gold into the next stage of its development," said Eric Sprott, chairman of the board of directors.
"Tony's track record of leadership in the gold mining industry and his demonstrated ability to grow and optimize production will be excellent assets for Kirkland Lake Gold."
Makuch brings more than 25 years of management, operations and technical experience in the mining industry. Under his leadership, Lake Shore Gold increased production and reserves, lowered costs and increased margins, leading to substantial value creation. Most recently, he was president of Canadian Operations at Tahoe Resources Inc.
Kirkland Lake Gold will hold its annual general meeting on June 13 in Toronto.
