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FNX CEO steps down

Less than a year into his role as the CEO of FNX Mining, John Lill has resigned. Lill, who signed on as CEO last September, will remain with the company in a consulting capacity until Aug. 31.

Less than a year into his role as the CEO of FNX Mining, John Lill has resigned.

Lill, who signed on as CEO last September, will remain with the company in a consulting capacity until Aug. 31.

In the meantime, FNX's executive chairman and former CEO Terry MacGibbon will serve on an interim basis until a successor is named.

FNX currently operates three mines in the Sudbury camp: the Levack, McCreedy West and Podolsky Mines.

Prior to his role at FNX, Lill had served from 2003 to 2007 as the executive vice-president, COO and director of Dynatec Corporation, and was responsible for mining operations for the FNX-Dynatec Sudbury Basin Joint Venture.