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LEAD, SD - Dakota Gold Corp. (NYSE American: DC) has announced significant changes to its executive team and Board of Directors as it prepares to transition its Richmond Hill Heap Leach Gold Project into production. Effective June 1, 2025, Jack Henris will take over as President and Chief Operating Officer, following the retirement of current COO Gerald Aberle. Aberle will maintain his influence within the company by continuing to serve on the Board of Directors.For investors tracking leadership transitions, InvestingPro offers comprehensive analysis of over 1,400 US stocks, including detailed management assessment and company health scores. The platform’s Pro Research Reports provide valuable insights into how executive changes historically impact mining company performance.
The company also welcomed Todd Kenner and Kevin Puil to the Board of Directors on May 15, 2025. In a concurrent move, Amy Koenig will resign from the Board on May 31 to become the Senior Vice President, Chief Legal Officer, and Corporate Secretary starting June 1.
These appointments come at a critical juncture for Dakota Gold as the company shifts from exploration to development and production. Henris brings a wealth of experience in heap leach and underground gold operations, which will be pivotal for the Richmond Hill project. His prior work at the Homestake Mine and his established rapport with the current management team are seen as valuable assets for Dakota Gold’s next phase.
Kenner, with his extensive background as the former CEO of RESPEC and his broad engineering experience, is expected to provide invaluable insights as Dakota Gold advances the Richmond Hill project. Puil’s expertise in capital markets and resource investments will be instrumental in securing the necessary funding for the project’s production phase.
The company’s leadership expressed confidence in the newly appointed team, highlighting their collective experience and the potential for continued success. Dr. Robert Quartermain, Co-Chair, Director, and CEO of Dakota Gold, emphasized the importance of Henris’s operational background and the strategic addition of Kenner and Puil to the Board.
Dakota Gold, which is dedicated to expanding the legacy of the Homestake Gold Mining District, is focused on bringing the Richmond Hill project to commercial production and developing the high-grade underground gold resource at the Maitland Gold Project.
The information in this article is based on a press release statement from Dakota Gold Corp.
In other recent news, Black Hills Corporation reported its Q1 2025 earnings, surpassing Wall Street expectations with an earnings per share (EPS) of $1.87 compared to the forecast of $1.86. The company also achieved revenue of $805.2 million, exceeding the anticipated $733.38 million. Despite these positive earnings results, the company faced rising operational costs, which could impact future profitability. Additionally, Black Hills Corporation has reaffirmed its 2025 earnings guidance, projecting an EPS between $4.00 and $4.20.
The company also amended its Equity Distribution Sales Agreement, resetting its "at-the-market" (ATM) equity offering program to a new aggregate gross sales price limit of $400 million. Proceeds from this program may be used to repay amounts borrowed under existing credit facilities. Furthermore, Black Hills Corporation continues to focus on strategic growth, with plans to expand its data center business and advance renewable energy projects, including the Colorado Clean Energy Plan.
Analysts have shown interest in the company’s financial strategies, and during the earnings call, Black Hills Corporation addressed questions about its regulatory initiatives and future growth opportunities. The company remains committed to maintaining a strong financial position while managing operational challenges and exploring new investment avenues.
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