Patagonia Gold appoints new CEO

Mining group Patagonia Gold has appointed Christopher van Tienhoven as its new chief executive to replace Bill Humphries, who will remain with the company as executive director.Van Tienhoven, who has worked in mining for 25 years and was president of Andean's Argentina operationswhen its Cerro Negro project in Santa Cruz was sold to Goldcorp, had recently been working on merger and acquisition opportunities in the junior mining sector in Latin America."Van Tienhoven brings very valuable experience and will add significant value to our operations by leading our management team through our next phase of growth," said Humphries.Patagonia Gold shares were down 3.70% to 3.25p at 11:04 on Tuesday.