Hochschild Mining (LON: HOCM) announced on Tuesday its chief executive, Ignacio Bustamante, will leave in late August after 13 years in various top positions in the company.
Bustamante, 52, will be replaced by current chief operating officer Eduardo Landin, who has served as COO of the South Americas-focused precious metals miner since 2013.
Bustamante joined Hochschild Mining in 1992 and was general manager for its Peruvian operations and COO before assuming the CEO role in 2010.