Fortuna announces changes in management team

 

Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce changes in its management team effective September 1, 2021.

 

Cesar E. Velasco, Country Head Peru, has been appointed Chief Operating Officer, Latin America. Cesar has been with Fortuna since 2018 and is the designated leader for the Fortuna-Roxgold integration. A skilled executive with 23 years of global experience in the mining and manufacturing industry, Cesar has held senior management positions in large private and public multinational companies throughout Latin America, including EXSA, ENAEX–EXSA JV, and Dyno Nobel Latin America. Cesar serves as a member of the board of the Sociedad Nacional de Minería, Petroleo y Energía since 2018 and of the International Society of Explosives Engineers since 2019.

 

Manuel Ruiz-Conejo, Vice President of Operations, will become Senior Vice President, Mining. Manuel has been with Fortuna since 2008 and is a seasoned mining engineer and executive with 34 years of industry experience.

 

Carlos Manrique, Director of Innovation and Operational Excellence, has been appointed Vice President Operations, Latin America. Carlos has been with Fortuna since 2010 and has held senior management positions at each of the company's three mines in the region. Carlos's mining career spans 21 years and includes previously holding operational positions in Volcan Compañía Minera and Pan American Silver.

 

Jorge A. Ganoza, President and CEO, commented, "The announced changes in Management are aligned with the organizational demands of our growing business in Latin America and the integration of Roxgold in West Africa." Mr. Ganoza continued, "I am pleased the three positions have been filled by promotions from within our organization. The three executives are not only results-oriented professionals, but also leaders who will continue driving the vision and values of the company."

 

  About Fortuna Silver Mines Inc.  

 

Fortuna Silver Mines Inc. is a Canadian precious metals mining company with four operating mines in Argentina, Burkina Faso, Mexico and Peru, and an advanced development project in Côte d'Ivoire. Sustainability is integral to all our operations and relationships. We produce gold and silver and generate shared value over the long-term for our shareholders and stakeholders through efficient production, environmental protection, and social responsibility. For more information, please visit our website .

 

ON BEHALF OF THE BOARD

 

  Jorge A. Ganoza  
President, CEO, and Director
Fortuna Silver Mines Inc.

 

Investor Relations:
Carlos Baca | info@fortunasilver.com  

 

  Primary Logo 

 

News Provided by GlobeNewswire via QuoteMedia

The Conversation (0)
Silver bars, stock market data and graph with "Weekly Editor's Picks" banner.

Editor's Picks: Silver Price Breaks US$39 Again, Rare Earths Stock Soars

The gold price saw both peaks and troughs this week, reacting to the release of June consumer and producer price index data out of the US, as well as renewed discussions about whether President Donald Trump may fire Federal Reserve Chair Jerome Powell.

Silver was the real precious metals star, pushing past the US$39 per ounce level once again.

Keep reading...Show less
Closeup of US silver coins with eagle and stars design on a black background.

Silver Price Update: Q2 2025 in Review

Silver took some luster from gold in Q2 as its price climbed to 14 year highs.

Many of the same contributors that affected the gold price were also in play for silver.

Uncertainty in financial markets, driven by a chaotic US trade and tariff policy, coincided with rising tensions in the Middle East and continued fighting between Russia and Ukraine, prompting investors to seek safe-haven assets.

Keep reading...Show less
Ted Butler, silver bars.

Ted Butler: Silver's Moment is Here, Time for Price to Outperform

Has silver's moment finally arrived?

Precious metals analyst Ted Butler believes the answer is "yes."

Keep reading...Show less
Mani Alkhafaji, silver bars.

Silver Price at New Base, What Comes Next? First Majestic's Mani Alkhafaji

Mani Alkhafaji, vice president of corporate of development and investor relations at First Majestic Silver (TSX:AG,NYSE:AG) discusses silver's recent price rise.

He notes that the gold-silver mining ratio is at seven to one, while the price ratio is at 90 to one.

Keep reading...Show less
Silver bar surrounded by shiny silver nuggets on a black background.

Top 5 Canadian Silver Stocks of 2025

Silver prices surged during the second quarter of 2025, surpassing the US$37 per ounce mark and reaching their highest levels in 14 years.

The price movements stem from a tightening supply and demand situation, which has seen above-ground inventories squeezed due to an increasing need from industrial sectors, particularly the growing photovoltaics industry.

However, demand has also increased due to heightened investor interest in alternative safe-haven assets, as gold prices reached record highs. The shifting sentiment comes amid uncertainty over a US trade policy that could reduce the world's gross domestic product by 1 percent.

Keep reading...Show less
Silver bar chart going up.

5 Silver Stocks With Dividends

Silver is a notoriously volatile metal capable of wide price swings in either direction. However, the metal is also seen by many as a safe-haven investment and a hedge against inflation.

While investing in silver bullion is one popular method for gaining exposure, silver-mining companies offer another route.

Silver-mining companies with strong balance sheets and experienced management teams are able to capitalize on high silver prices and weather the storm of low silver prices. Some of the most profitable silver-mining companies are even able to offer investors dividends, which may be appealing for those who are in it for the long haul.

Keep reading...Show less

Latest Press Releases

Related News

×