Pretium pays down debt on strong first-quarter, chair to retire by year-end

TSX- and NYSE-listed Pretium Resources has initiated a search for a new director to replace executive chairperson and founding shareholder Robert Quartermain, who will be retiring on December 31.

The company, which owns the Brucejack mine, in British Columbia, would elect a new chairperson prior to year-end, it said in an announcement on Thursday, while also announcing its first-quarter results.