According to company chairman Blayne Johnson, Hall is the originator of Calibre’s “Hub and Spoke” operating strategy that resulted in a 30% increase in forecast gold production in 2021 from 170,000 to 180,000 oz.
Before joining Calibre, Hall served as COO of Newmarket Gold, where he played an “instrumental role” in growing the company leading up to its merger with Kirkland Lake Gold. Prior to that, he held various roles of increasing leadership and responsibility at Newmont for almost 30 years.
Shares of Calibre Mining fell as much as 11.1% on Friday following the management change. The gold miner has a market capitalization of C$497.4 million.
