Kerr Mines Appoints Giulio Bonifacio as CEO
[Click image to enlarge]
Giulio T. Bonifacio has assumed the position of chief executive officer in addition to his current role as director at Kerr Mines. As part of this transition, Claudio Ciavarella will assume the role of executive vice chairman and will work closely with Bonifacio to advance the company’s Copperstone Mine project to production.
Giulio Bonifacio was the founder, president and director of Nevada Copper since its inception in 2005 until his retirement in 2018. Over this 13-year period, he led and directed efforts at every stage of Nevada Copper’s development which included resource expansion, feasibility studies, successful permitting of both the underground and open pit deposits and the initial construction phase at the Pumpkin Hollow project located in Nevada. Pumpkin Hollow is currently targeted to commence production in Q4 2019.
Over his 30 years of experience in senior executive roles in the mining industry, Bonifacio has raised more than US$500 million in capital through equity and project debt financings for projects of merit as well as being involved in corporate transactions aggregating in excess of US$1 billion. Giulio Bonifacio is a Chartered Professional Accountant with extensive experience and knowledge of operations, project finance, capital markets and mergers and acquisitions.
“I look forward to working with the board and management to advance Copperstone to commercial production in the near term. Copperstone is well advanced with permits, 14,000 feet of underground development, an existing 600 ton/day mill and infrastructure, all of which will lead to very manageable capital requirements while also allowing for a shortened construction period. I am also very excited about the multi-million ounce exploration potential of the project which has not been fully tested and explored,” said Giulio T. Bonifacio, chief executive officer.
“I would like to welcome the appointment of Mr. Bonifacio as our chief executive officer. Giulio has the knowledge, experience and belief in this project to lead us forward and take the next important steps to achieving our strategic objectives,” said Fahad al Tamimi, chairman.
“I would like to thank Claudio Ciavarella for his dedication to advancing the company over the past two years, the company has taken great strides during this time. We look forward to Claudio’s continued involvement as a board member and major shareholder of the company,” added Fahad al Tamimi.
About Kerr Mines Inc.
Kerr Mines is an emerging American gold producer currently advancing the 100 percent owned, fully permitted past-producing Copperstone Mine project to production. Copperstone is a high-grade gold project located along a detachment fault mineral belt in mining-friendly Arizona. This gold project in Arizona demonstrates tremendous exploration potential targeting multi-million ounce targets within a 50 square kilometer (12,260 acres) land package.
To stop by Kerr Mines’ website, CLICK HERE
Be in-the-know when you’re on-the-go!
FREE eNews delivery service to your email twice-weekly. With a focus on lead-driven news, our news service will help you develop new business contacts on an on-going basis.
CLICK HERE to register your email address.
Copyright © 2019 Mining Connection LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
For licensing permission, .(JavaScript must be enabled to view this email address)
