08:47 AM EDT, 05/03/2024 (MT Newswires) -- Belo Sun Mining ( BSXGF ) on Friday said Chief Executive and President Peter Tagliamonte left the company with immediate effect.

Ayesha Hira, a Belo independent director of Belo, will serve as interim president and CEO while a search is conducted to recruit a permanent replacement.

"The company continues to face challenges at its Volta Grande project (VGP) in Brazil and the Board is confident that Ayesha Hira's leadership will help energize the company and will also provide a new perspective on and approach to advancing VGP through a complex regulatory process in a highly litigious environment," said Executive Chair Mark Eaton.

Belo didn't say why Tagliamonte left the company.