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Silver producer Hecla Mining announced the appointment of Catherine Boggs as interim president and CEO with immediate effect, succeeding Phillips Baker, who is stepping down after 23 years at the company.

Boggs, who is currently chairperson, will be assisted in management the affairs of Hecla by a committee comprising senior CFO VP Russell Lawlar, VP of operations Carlos Aguilar and senior VP – chief administrative officer Mike Clary.

“Hecla’s day-to-day mining operations will carry on unabated with the talented and dedicated staff we have at all our operations and at our headquarters. Senior management and I will continue to support and guide our operations and personnel throughout this leadership transition,” commented Boggs.

The board will immediately begin a search for a new CEO.S