New Pacific Metals Corp. has announced the permanent appointment of Mr. Jalen Yuan as Chief Executive Officer and Mr. Chester Xie as Chief Financial Officer, effective October 23, 2025. The Canadian exploration and development company, which trades on both the NYSE American under symbol NEWP and the TSX under symbol NUAG, specializes in silver projects located in Bolivia. Mr. Yuan, who will also serve on the company's Board of Directors, has been spending significant time in Bolivia overseeing the company's initiatives. His appointment as permanent CEO follows what the company describes as a robust period of progress under his guidance.
The leadership stabilization comes at a critical juncture for the company's Bolivian operations, which represent significant potential in the global silver market. Dickson Hall, New Pacific's Board Chair, expressed confidence in the new leadership structure, stating the board's pleasure in confirming both executives in their permanent positions. The appointments reflect the company's strategic focus on maintaining consistent leadership to drive forward its exploration and development activities in Bolivia's mining sector. The company maintains its newsroom and updates for investors at https://ibn.fm/NEWP, providing ongoing information about corporate developments and project progress.
This leadership consolidation underscores New Pacific Metals' commitment to advancing its Bolivian silver assets while providing stability for shareholders and stakeholders in the mining sector. Bolivia represents a significant opportunity in the global silver mining landscape, and New Pacific's strengthened leadership team positions the company to capitalize on these opportunities. The permanent appointments provide continuity in strategic direction and operational management as the company works to develop its silver projects in the region. The stabilization of the executive team is particularly important given the capital-intensive nature of mining exploration and the long-term planning required for successful project development in international jurisdictions.
The appointments signal to investors and industry observers that New Pacific Metals is entering a new phase of operational maturity with its Bolivian ventures. Having permanent leadership in place reduces transitional uncertainty and allows for more consistent execution of the company's business strategy. For a company focused on precious metals exploration in a country with substantial mineral potential like Bolivia, leadership continuity can directly impact project timelines, financing arrangements, and stakeholder relationships. The company's focus on silver projects comes at a time when global demand for the metal continues to evolve across industrial and investment sectors, making operational stability increasingly valuable for companies positioned in resource-rich regions.
