Hycroft Mining Boosts Board with Industry Leaders

WINNEMUCCA, Nev. — Hycroft Mining Holding Corporation (Nasdaq: HYMC) has bolstered its board of directors with four prominent industry leaders, setting the stage for the company’s next phase of growth. Effective September 1, 2026, Richard O'Brien, Marcelo Godoy, Josh Olmsted, and Blake Rhodes join the board, bringing extensive experience and expertise in the mining sector.

Richard O'Brien, former Chief Executive Officer and Chief Financial Officer of Newmont Mining Corporation, has been appointed as the Lead Independent Director. Marcelo Godoy, currently Executive Vice President and Chief Technology Officer of AngloGold Ashanti plc, will contribute his vast experience in project delivery and operational excellence. Josh Olmsted, former President and Chief Operating Officer of Freeport McMoRan, brings over two decades of operational leadership to the board. Blake Rhodes, former General Counsel and Senior Vice President of Newmont Corporation, will leverage his strategic development and M&A experience.

Hycroft Mining’s Executive Chairman and CEO, Diane R. Garrett, underscored the significance of these appointments. "Today’s additions to our board are transformative moments for Hycroft. These leaders have shaped many mining companies and will bring invaluable perspectives to our strategic journey," said Garrett.

O'Brien’s appointment as Lead Independent Director is particularly noteworthy. With over 40 years of leadership experience, O'Brien has overseen major companies during critical growth phases. "I am excited to join Hycroft and support the company’s advancement. The board’s collective expertise will be instrumental as we move forward," said O'Brien.

Godoy, with nearly two decades at AngloGold Ashanti, has significantly improved the company’s performance and reliability. "I am honored to join Hycroft and look forward to contributing my knowledge of technology and operational excellence," said Godoy.

Olmsted’s experience managing large-scale operations, including the renowned Climax molybdenum business, will be crucial. "I am confident that my background will complement Hycroft’s exploration and development efforts," stated Olmsted.

Rhodes, known for his role in major strategic initiatives at Newmont, will bring strategic depth to the board. "I am excited to join Hycroft and contribute to the company’s success," said Rhodes.

Hycroft Mining has made significant strides in recent years, with a strong exploration program and a robust balance sheet. The addition of these seasoned professionals will further enhance the board’s expertise, particularly in technical, financial, and operational matters.

Garrett also acknowledged the previous board’s contributions, thanking Thomas Weng for his leadership as Lead Independent Director. "Thomas has been instrumental in shaping our current position, and we look forward to continuing our collaboration," she added.

With a focus on advancing the Hycroft Mine, which is among the world’s largest precious metals deposits, the company is poised for further growth. The new board members will play a critical role in realizing the mine’s significant potential.

Hycroft Mining Holding Corporation continues to explore and develop the Hycroft Mine, with a particular emphasis on the Brimstone and Vortex high-grade silver systems. These discoveries are expected to drive value for the company.

In summary, Hycroft Mining’s latest board appointments reflect the company’s commitment to excellence and its strategic direction for the future.