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Phoenix Copper COO McDermott to lead as CEO

16th January 2020

By: Mariaan Webb

Creamer Media Contract Publishing Editor

     

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Aim-quoted Phoenix Copper has appointed COO Ryan McDermott its CEO with immediate effect, reflecting a change in operational emphasis as the company moves to expedite the timeframe to production from the Empire project, in Idaho, US.

This year, the company will move from exploration and evaluation into project development, construction and production, which is anticipated in 2021.

McDermott was already CEO of Phoenix’s Idaho registered operating subsidiaries, which chairperson Marcus Edwards-Jones said on Thursday had proven his mine development and operating experience, as well as his excellent local contacts and knowledge.

Dennis Thomas has stepped down from the role of CEO to serve as a nonexecutive director and VP of investor relations.

 

Edited by Creamer Media Reporter

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