(Washington, D.C. – June 29, 2017) Octavio Alvidrez, CEO of Fresnillo plc (FRES: LSE), the world’s largest primary silver producer, has been elected President of the Silver Institute by its membership. He succeeds Mitchell Krebs, President and CEO of Coeur Mining, Inc. (CDE: NYSE). Michael Steinmann, President and CEO of Pan American Silver (PAAS: NASDAQ and TSX), the world’s second largest primary silver producer, was elected Vice President of the Silver Institute, succeeding Mr. Alvidrez. Both men will serve a two-year term.

“Octavio and Michael are esteemed silver industry leaders and we look forward to their leadership as they direct the Institute and its programs,” said Michael DiRienzo, Executive Director of the Silver Institute.

DiRienzo continued, “We are very grateful for the dedicated service of Mitchell Krebs as the Institute’s President these past two years. Mitchell’s strong commitment made a significant 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 creates programs across many platforms that benefit the white metal.  For more information on the Silver Institute please visit www.silverinstitute.org.


Contact:
Michael DiRienzo
The Silver Institute
Tel: +1 202-495-4030
e-mail: mdirienzo@silverinstitute.org