TORONTO, ONTARIO — (Marketwire) — 07/20/12 — The Board of Directors of Scorpio Mining Corporation (TSX: SPM) ("Scorpio Mining" or the "Company"), today announced that it has accepted the resignation of Scorpio-s President and Chief Executive Officer, Parviz Farsangi, and unanimously appointed the Company-s Chairman, founder and former Chief Executive Officer, Peter J. Hawley as interim President and Chief Executive Officer. Mr. Farsangi has stepped down as President and