Hycroft Mining Appoints Eric Colby as Executive Vice President, Corporate Development
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Hycroft Mining has appointed Eric Colby as executive vice president, Corporate Development.
“We are pleased to welcome Eric to our executive leadership team at such a pivotal moment in the company’s growth journey. Eric is widely recognized for his disciplined judgment, deep operational expertise, and a proven track record in corporate development, along with the strong credibility he brings among partners and investors,” said Diane Garrett, president and CEO.
“As we look ahead, his ability to translate strategy into decisive execution will be a powerful catalyst in advancing the Hycroft Mine toward production and unlocking the next phase of our growth. We are incredibly excited about the momentum we are building and confident that Eric’s leadership will help accelerate our vision while opening new and compelling opportunities for the future,” added Garrett.
Eric Colby is an accomplished senior mining executive who brings a rare combination of operational leadership, capital markets expertise, and transaction experience. He has nearly two decades of experience across large-scale mine development, complex joint ventures, and operating businesses, and has executed more than $20 billion in public and private transactions. His background integrates corporate development, investor relations, and operations, providing a disciplined approach to capital allocation, project development and long-term value creation.
Colby spent 15 years with Newmont Corporation, where he held roles of increasing responsibility across corporate development, investor relations, finance, and operations in South America. Most recently, he served as vice president, Operations at Magris Performance Materials, where he had responsibility for a diversified portfolio of mines and processing operations across the U.S. and Canada.
“I am excited to join Hycroft at such a pivotal point in its evolution. The Hycroft Mine is a world-class asset with significant scale, and recent exploration results continue to reinforce its long-term potential and optionality. I look forward to working with Diane and the team to advance the project and deliver long-term value for shareholders,” said Eric Colby.
Hycroft Mining is a U.S.-based gold and silver company exploring and developing the Hycroft Mine, among the world’s largest precious metals deposits, located in northern Nevada, a tier-1 mining jurisdiction. In 2023, Hycroft announced the discovery of two new high-grade silver systems within the known resource area and the company is engaged in a robust exploration drill program (2025-2026 drill program) designed to expand these two systems in addition to targeting new opportunities. These discoveries represent a significant value driver for the Hycroft Mine. In addition, after a long history of oxide heap leach operations, the company is focused on completing technical studies to transition the Hycroft Mine into a milling operation for processing the sulfide mineralization.
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