(Kitco News) – The World Gold Council has tabbed another well-known mining executive as its chair, appointing Franco-Nevada’s David Harquail.
The gold-focused market development organization said Harquail, president and chief executive officer of Franco-Nevada, would succeed New Gold Inc. director Randall Oliphant, who served as chair for four years. Harquail is joining the ranks of industry veterans like Ian Tefler and Pierre Lassonde, who also served as WGC chairmen in the past.
“The industry landscape has changed significantly over the past four years, and I would like to thank Randall for his leadership in guiding the work of the World Gold Council on the most important policy issues the industry faces,” Aram Shishmanian, the WGC’s chief executive, said in a press release.
“Looking ahead, David brings a wealth of knowledge and industry experience, which will greatly benefit our work in unlocking investment markets which haven’t previously viewed gold as a mainstream asset. I am very much looking forward to working closely with him as our new chair.”
Harquail has been at the helm of leading gold royalty and streaming company Franco-Nevada since 2007. He has helped the company, which is listed on both the New York and Toronto stock exchanges, grow into an over $18 billion firm by market capitalization.
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