Rodney Lamond, a member of the board of directors of Canadian-registered mining company Gran Colombia Gold Corp., resigned last week after serving for more than a year in the role. The gold and silver mining company confirmed the move earlier this week, stating that the resignation was effective as of April 14 and “due to other business and personal commitments.”
Gran Colombia Gold, through its “Compensation, Corporate Governance, and Nominating Committee,” plans to “address any future nominations to the board” at its annual shareholders meeting, which is scheduled to take place on June 22.
“On behalf of the company, I would like to thank Mr. Lamond for his service as a director of the company over the past 15 months and his contributions to the company’s operational progress,” said Lombardo Paredes Arenas, chief executive officer of Gran Colombia Gold. “We wish him all the best.”
The company is currently engaged in a dispute with the Colombian government that centers on the issue of illegal mining that has been occurring on its holdings in central Colombia, according to various media reports. Gran Colombia Gold maintains two major mining operations, Segovia and Marmato, in the country and brought in record revenue in 2016 from gold and silver extraction at these locations.
“As we look ahead to 2017, we see another year of steady performance with gold production expected to be between 150,000 and 160,000 ounces,” said Lombardo Paredes Arenas in a statement in late March.