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PPX Mining Names New CEO and Grants Options as Peru Project Nears Production

Story Highlights
  • PPX Mining appointed Ernest Mast as CEO and moved John Thomas to COO to drive its Peruvian project toward 2026 commercial production.
  • The company granted 3.45 million stock options to key Peruvian managers, aligning incentives as it advances its growth and operational plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PPX Mining Names New CEO and Grants Options as Peru Project Nears Production

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PPX Mining ( (TSE:PPX) ) has shared an announcement.

PPX Mining has appointed veteran mining executive Ernest Mast as its new President and CEO, effective January 12, 2026, while interim CEO John Thomas will transition to Chief Operating Officer to oversee completion and commissioning of the Callanquitas processing plant as the company advances toward commercial production in 2026. The company also granted 3.45 million stock options to key management in its Peruvian subsidiaries, a move aimed at aligning management and shareholder interests as PPX leverages recent strategic support, including Glencore’s minority equity stake, to drive its next phase of operational growth.

More about PPX Mining

PPX Mining Corp. is a Canadian-based mining company focused on precious metals, with assets in northern Peru. Its 100%-owned flagship Igor gold and silver project is located in the prolific Northern Peru gold belt in eastern La Libertad, positioning the company within a well-established mining region with significant production potential.

Average Trading Volume: 319,219

Technical Sentiment Signal: Buy

Current Market Cap: C$223.4M

For a thorough assessment of PPX stock, go to TipRanks’ Stock Analysis page.

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