Kingsrose Mining Ltd. has appointed Andrew Caruso as its new CEO to lead the company’s Scandinavian exploration projects and to drive its acquisition-driven growth push.
Caruso will assume the role on June 15, taking over from Terry Holohan, who has served as acting CEO for the past 10 months.
With a career spanning more than 30 years in the resources sector, Caruso brings extensive experience in corporate leadership, business development and strategy.
He has spent 14 years serving as CEO for various public and private mine development companies in Australia and Canada. His corporate leadership is backed by technical and operational stints at global mining giants Alcoa, BHP, and Rio Tinto.
Caruso’s diverse commodity experience covers steelmaking materials, gold, base metals, and industrial minerals. Notably, as CEO of Crosslands Resources, he managed Western Australia’s Jack Hills Iron Ore Mine and oversaw the completion of a definitive feasibility study for a major $4 billion expansion.
More recently, as President and CEO of Avanti Kitsault Mine Ltd, he spearheaded the advancement of the world-class Kitsault Molybdenum Project in British Columbia.
Kingsrose Chairman Dr Mike Andrews welcomed the high-profile appointment, stating the board was delighted to secure Caruso’s expertise at a pivotal time for the company.
“I am confident his extensive mining industry experience in senior management, project development and business strategy will ensure efficient, cost-effective advancement of our Scandinavian exploration projects as well as aggressively driving our acquisition-driven growth strategy,” Andrews said.