Passport Potash announced that they appointed David Salisbury [right, credit Resolution Copper], former CEO of Resolution Copper, as Chairman of the Board. Passport notes that
Mr. Salisbury was President and CEO of Resolution Copper Mining ("Resolution") from 2008 to his retirement on January 31, 2011. At Resolution he was responsible for the development of a deep underground copper mine in Superior, Arizona. One of his primary responsibilities was a legislative land exchange involving 3025 acres of federal land in exchange for 5500 acres of ecologically important private land. His role at Resolution required significant interaction and engagement with members of the U.S. Congress, federal agencies, the Governor of the State of Arizona and State legislators. He was also responsible for leading the activities of integrating all engineering studies and design with environmental permitting, progressive development of the future operations culture and working environment, health and safety, project budget controls and community relations.
This may indicate a shift in the company's efforts from exploration towards development.