viernes, 4 de enero de 2019

Anglo American management shake-up sees Brazil-based CEO replaced

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Friday 4 January 2019
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Ruben Fernandes, who has led the company's iron ore and nickel interests in the South American country for almost three years, will become CEO of Base Metals effective March 1.

The complaints come six days ahead of a special shareholders meeting on January 8.

A gauge of mining shares is extending gains after its best December since the financial crisis as investors flee to haven assets amid a slump in the broader equities market and a U.S government shutdown.

Josef El-Raghy had moved from executive chairman to chairman, as the search for a successor continues.

Fordia Group is based in Montreal, Canada, and has sales in more than 70 countries.

Last October, Irving sampled high grade quartz vein float at Omu.

The Chamber of Mines said that as a result of the changes, more than 58% of Zambia's copper producers would be loss-making at current prices.

Shares of the company were up 1.5 percent at C$11.93 in early trade.

"Without a doubt, this industry needs transformation," Mark Bristow, the new chief executive officer of Barrick Gold said.

The acquisition, effective Jan. 2 2019, includes the manufacturing facility and headquarters, co-located in Hampshire, UK.

The deal could be reached by mid-January.

For the last decade, Buckley Kayel led Marketing & Communications for Van Cleef & Arpels.

The workers were ensnared on Dec. 13 when the illegal mine in the northeastern state of Meghalaya was flooded.

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