- Write by:
-
Monday, December 4, 2023 - 22:21:13
-
114 Visit
-
Print
Mining News Pro - Lundin Mining announced that former president Jack Lundin has officially assumed the role of chief executive officer and will join the board of the Canadian miner on January 1.
The company announced in October the departure of Peter Rockandel by the end of this year. The 57-year-old executive, who held the top job only since November 2021, had joined Lundin in 2018.
During Rockandel’s tenure, the firm acquired a majority stake in the Caserones copper mine in Chile. He also spearheaded the process of moving the company’s head office back to Vancouver from Toronto, where most of the Lundin family lives.
A wave of leadership departures followed the move, including at least three vice-presidents.
With Jack Lundin taking the reins, the company’s key officer positions are now held by siblings, as his brother Adam is currently Lundin Mining’s chairman.
With a nearly 15% stake, the Lundin family is the largest shareholder in Lundin Mining, part of a conglomerate that includes mining, renewable energy and oil and gas companies and which was founded by Jack and Adam’s grandfather Adolph Lundin.
Lundin Mining produces copper and gold from mines in South America, including Chile, Brazil and Argentina, and gets about 65% of its annual revenue from copper. It also has operations in Portugal, Sweden and the United States.
Short Link:
https://www.miningnews.ir/En/News/627722
Barrick Gold Corp.’s chief executive officer says the gold miner will continue to host virtual-only annual general ...
China’s copper producers are planning to export up to 100,000 metric tons of metal, the largest volume in 12 years, ...
A takeover of Anglo American Plc would need to be pitched at more than £30 ($37.6) per share, a higher price than BHP ...
Barrick Gold is not interested in bidding for Anglo American, which last week received a $39 billion takeover offer from ...
The US and the Philippines are in discussions over ways to prevent China from dominating nickel processing in the ...
Canadian miner Barrick Gold on Wednesday beat first-quarter profit estimates on higher bullion prices and said it has ...
Barrick Gold faced criticism outside its annual general meeting on Tuesday in Toronto for supporting Malian rulers with ...
BHP Group can’t cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, ...
Anglo American faced calls from shareholders on Monday to detail plans for improving its value in order to fend off ...
No comments have been posted yet ...