(Washington, D.C. – June 16, 2015) Mitchell J. Krebs, President, CEO and Director of Coeur Mining, Inc. (CDE: NYSE), has been elected President of the Silver Institute by its membership. Coeur Mining is one of the world’s largest primary silver producers, with assets in the United States, Mexico, Bolivia, Argentina and Australia. He succeeds Fernando Alanis, CEO of Industrias Peñoles, S.A.B. de C.V. (PE&OLES: MX), whose term as the Silver Institute’s President ended on May 31. Octavio Alvidrez, CEO of Fresnillo Plc (FRES: LSE), the world’s largest primary silver producer, was elected Vice President of the Institute, succeeding Mr. Krebs in this role. Both men will serve a two-year term.
“Mitchell and Octavio are respected silver industry leaders and we look forward to their tenure as they direct our mission,” said Michael DiRienzo, Executive Director of the Silver Institute. He continued, “We are grateful for the dedicated service of Fernando Alanis as the Institute’s President these past two years. Fernando’s commitment made a considerable difference to the Institute, and we greatly appreciate his leadership.”
The Silver Institute is a nonprofit international industry association headquartered in Washington, D.C. Established in 1971, the Institute’s members include leading silver producers, prominent silver refiners, manufacturers and dealers. The Institute serves as the industry’s voice in increasing public understanding of the value and many uses of silver, and also creates programs across many platforms that benefit the white metal. For more information on the Silver Institute please visit www.silverinstitute.org.
