Proactive Investors - Run By Investors For Investors

Maverix Metals names Newmont Mining executive to its board of directors

Last week the gold royalty company said revenue more than doubled to a record C$9.8 million in the third quarter from a year earlier
Gold bars in front of the Canadian flag
Blake Rhodes brings 'an array' of experience to the board of gold royalty company Maverix Metals

Gold royalty company Maverix Metals Inc (CVE:MMX) (OTCMKTS:MACIF) said Monday that it has named Blake Rhodes, the vice president of corporate development at gold miner Newmont Mining Corp (NYSE:NEM), to its board of directors.

Rhodes has served in his position at Greenwood Village, Colorado-based Newmont since January 2015, according to Maverix. Earlier he served as Newmont's senior vice president of Indonesia.

READ: Maverix Metals rises after posting record revenue and attributable gold output in 3Q

“Blake will be an excellent addition to our existing board, bringing with him an array of experience in the mining industry,” Geoff Burns, chairman of Vancouver-based Maverix, said in a press release.

Last week Maverix said revenue more than doubled to a record C$9.8 million in the third quarter from a year earlier. It reported a record 6,195 ounces of attributable gold equivalent sold.

Shares of Maverix climbed C$0.05 to C$2.44 in Monday’s Canadian trading and advanced US$0.10 to US$1.95 on the OTC market.

 

Contact Dennis Fitzgerald at [email protected]

View full MMX profile View Profile

Maverix Metals Inc Timeline

Related Articles

project area
October 10 2018
The company has identified extensive copper-nickel-cobalt mineralisation at the Mt Venn Project, outlined over several kilometres.
copper
December 18 2018
Tshukudu is a joint venture is set up on a 70/30 MOD/Metal Tiger basis to continue exploration in Botswana
Victoria Falls
October 23 2018
Premier owns 49% of RHA and has proposed a debt-for-equity swap with Zimbabwe’s indigenisation authority NIEFF to take its stake up to 90%
Copyright © Proactiveinvestors.com, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use