- Write by:
-
Wednesday, September 2, 2020 - 2:27:37 PM
-
540 Visit
-
Print
Mining News Pro - Arevised remuneration structure has been agreed to with base metals developer Orion Minerals’ MD and CEO Errol Smart
In April, the cash component of his package was reduced from $300 000/y to $257 600/y, as part of the dual-listed miner’s implementation of cost savings and asset preservation initiatives across its business owing to the impact of Covid-19.
Following the successful capital raising last month and the positive progress made on the miner’s Prieska copper/zinc project, in South Africa, including the grant of the water-use licence and the grant of the full mining right, Orion’s board has approved the reinstatement, effective September 1, of the executives’ remuneration and director fees from the reduced amounts announced in April.
Therefore, the board has approved an increase in Smart’s cash remuneration from $300 000/y to $322 000/y.
Short Link:
https://www.miningnews.ir/En/News/593407
A Native American group has asked all members of a US appeals court on Monday to overturn an earlier ruling that granted ...
Codelco is exploring more partnerships with the private sector as Chile’s state copper behemoth looks to recover from a ...
The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13 to comply ...
Zinc traded close to a one-year high as metals markets looked past delays to US monetary easing to focus on looming ...
Peru’s Las Bambas copper mine, owned by China’s MMG, is facing renewed blockades of a key transport route after failed ...
Vitol Group confirmed that it’s starting to rebuild a trading book for metals after a long stint out of the market, with ...
Chinese investors are snapping up stocks tied to high-flying metals from copper to gold, aiding an onshore market facing ...
Copper traded near a 15-month high as supply concerns and brighter demand prospects triggered a slew of bullish calls on ...
Copper jumped to its highest intraday price since January 2023 as the bellwether industrial metal faces rising tighter ...
No comments have been posted yet ...