Hycroft Names EVP with $20B Deal Record to Drive Mine Development
Hycroft appointed mining executive Eric Colby as Executive Vice President, Corporate Development, bringing 20 years of experience and a record of executing over $20 billion in transactions. He will oversee capital allocation and advance the Hycroft Mine’s shift from oxide heap leach to sulfide milling, building on recent high-grade silver discoveries.
1. Executive Appointment
Hycroft appointed Eric Colby as Executive Vice President, Corporate Development to strengthen its leadership team during a pivotal growth phase.
2. Colby's Background and Expertise
Colby brings nearly two decades of mining experience, including 15 years at Newmont Corporation and a recent role as Vice President, Operations at Magris Performance Materials, with involvement in over $20 billion in public and private transactions.
3. Strategic Growth and Mine Development
In his new role, Colby will oversee capital allocation and guide the transition of the Hycroft Mine from oxide heap leach operations to a sulfide milling operation, leveraging recent discoveries of two high-grade silver systems and the ongoing 2025-2026 exploration drill program.