Caterpillar Appoints Chief Operating Officer 1 International Corporate News Mining Equipment Mining Personality 

Caterpillar Appoints Chief Operating Officer

 Caterpillar Inc. (NYSE: CAT) has announced that Joseph E. Creed, group president of Energy & Transportation, has been appointed to the newly created position of chief operating officer, effective Nov. 1, 2023. In this newly created position, Creed will report to Jim Umpleby, chairman and chief executive officer. Reporting to Creed will be group presidents Tony Fassino of Construction Industries, Denise Johnson of Resource Industries and Bob De Lange of Services, Distribution and Digital. Creed’s replacement as group president of Energy & Transportation will be named at a later date and… Read More Here
Mike Fraser appointed Gold Fields CEO 2 International Gold Mining Personality 

Mike Fraser appointed Gold Fields CEO

 Gold Fields has appointed Mike Fraser CEO and executive director of the company with effect from January 1, 2024. Fraser is currently CEO of Aim-listed Chaarat Gold Holdings. Prior to that, he was president and COO of South32’s key metal businesses. He will take over from Martin Preece, who took up the position of interim CEO on January 1 this year, following the resignation of former CEO Chris Griffith. To ensure a seamless leadership transition, Preece will continue as interim CEO until December 31. Preece will remain with the company thereafter as part of its executive management team,… Read More Here
Sibanye-Stillwater CEO Neal Froneman Named Chair of World Gold Council 3 International Gold Mining Personality 

Sibanye-Stillwater CEO Neal Froneman Named Chair of World Gold Council

Global gold industry organization, the World Gold Council (WGC), has appointed Neal Froneman, CEO of Sibanye-Stillwater, as its new chairperson and Niël Pretorius, CEO of DRDGold, as a director. Froneman, with over 40 years of mining experience, succeeds Randy Smallwood, President, and CEO of Wheaton Precious Metals Corp, who served as WGC chair since 2020. Under Froneman’s leadership, Sibanye-Stillwater transformed from a South African gold producer into a diversified mining and processing company with assets worldwide. Sibanye-Stillwater has also made significant strides in platinum group metals recycling and tailings reprocessing.… Read More Here
FIRST QUANTUM ANNOUNCES PASSING OF CO-FOUNDER AND CHAIRMAN PHILIP PASCALL 4 Corporate News Mining Personality 

FIRST QUANTUM ANNOUNCES PASSING OF CO-FOUNDER AND CHAIRMAN PHILIP PASCALL

First Quantum Minerals Ltd is deeply saddened to announce the passing of one of its founders and Chairman, Philip Pascall, on September 19, 2023. Philip passed away peacefully at home in Perth, Western Australia. Philip co-founded First Quantum in 1996, serving as the Chairman since its inception and Chief Executive Officer until 2022. Under his leadership, Philip instilled an entrepreneurial and bold culture that saw the Company grow from a 10,000 tonnes tailings re-processor with the Bwana Mkubwa project in Zambia to one of the world’s largest copper producers with… Read More Here
Founder and Former CEO of FQM Philip Pascall, Passes Away 5 Mining Personality Corporate News 

Founder and Former CEO of FQM Philip Pascall, Passes Away

Toronto-listed First Quantum Minerals announced the passing of its co-founder and former CEO, Philip Pascall, on Tuesday 19th September. Pascall passed away at his residence in Perth, Western Australia. Philip Pascall, a key figure in the mining industry, co-founded First Quantum in 1996 and served as its Chairperson from the company’s inception until 2022. Under his visionary leadership, he instilled an entrepreneurial and daring culture that propelled the company’s growth from a modest 10,000-ton tailings re-processor with the Bwana Mkubwa project in Zambia to one of the world’s leading copper… Read More Here
AVZ Minerals Shareholders to Appoint New Directors in Bid to Restore Trust 6 Mining in DRC Lithium Mining Personality 

AVZ Minerals Shareholders to Appoint New Directors in Bid to Restore Trust

AVZ Minerals shareholders are set to convene at a General Meeting on November 23 to appoint three directors, with the primary objective of rebuilding trust with the Congolese Government and all stakeholders involved in the “Manono lithium” project. The relationship between AVZ and government entities in the Democratic Republic of Congo (DRC) has soured significantly, six years after the Australian company, via its subsidiary AVZ INTERNATIONAL PTY LTD, acquired approximately 60% of the shares in “DATHCOM MINING.” This project aimed to raise funds for feasibility studies before the exploitation phase… Read More Here
Vedanta Explores Chris Griffith as Potential Head of African Base Metals Business 7 Mining Personality Copper Gold Mining in Zambia 

Vedanta Explores Chris Griffith as Potential Head of African Base Metals Business

Vedanta Resources is considering appointing former Gold Fields boss and Anglo American executive Chris Griffith as head of its African base metals business, according to people familiar with the matter. Indian billionaire Anil Agarwal’s Vedanta owns zinc mines in South Africa and neighboring Namibia, which will form the base-metals portfolio with Zambia’s Konkola Copper Mines. Griffith quit as Gold Fields CEO in December after the company’s failed attempt to take over Canada’s Yamana Gold Inc. He previously headed the platinum and iron-ore businesses of Anglo American, in which Agarwal was once the biggest shareholder. Talks are ongoing, and no final decisions have been made by either party on… Read More Here
SIBANYE-Stillwater CEO Expresses Confidence in Bidding for Zambia's Mopani Copper with Chinese Partner 8 Mining in Zambia Copper Mining Personality Partnership 

SIBANYE-Stillwater CEO Expresses Confidence in Bidding for Zambia’s Mopani Copper with Chinese Partner

SIBANYE-Stillwater CEO Neal Froneman said he rated his firm’s chances of bidding successfully for Zambia’s Mopani Copper after jointly submitting an offer with a “substantial Chinese copper company”. “I do think we can involve eastern partners and help resolve a conflict Zambia is dealing with between east and west,” said Froneman in an interview. “Zambia did not request it.” A decision from Mopani’s current owner, the state-owned ZCCM-IH, was about “two to three weeks away” after which the successful bidder would begin negotiations on a long-term fiscal regime, royalties and… Read More Here
Trafigura metal executive Grenfell exits as unit pressure grows 9 International Battery Metals Cobalt Mining Personality Nickel 

Trafigura metal executive Grenfell exits as unit pressure grows

Trafigura Group’s head of metals business development is leaving, the latest sign of the pressure facing the commodity trader’s metals unit even as the company as a whole notches up record profits. Simon Grenfell is leaving Trafigura after just over three and a half years in the role, according to his LinkedIn profile. The company has appointed Matthew Hadfield as its new global head of business development for metals, said a person familiar with the matter, who asked not to be identified as the information is private. Trafigura’s metals business,… Read More Here
Bluebell Capital Partners asks Glencore board to replace CEO 10 International Mining Personality 

Bluebell Capital Partners asks Glencore board to replace CEO

Activist investor Bluebell Capital Partners issued a letter to the Glencore board on Wednesday asking them to remove chief executive Gary Nagle and commence the search for a new external CEO. Bluebell, which has not disclosed the size of its shareholding, started an activist campaign at Glencore in 2021, urging it to separate its thermal coal business and sell its agricultural business Viterra. During this year’s annual general meeting of Glencore, 99 percent of shareholders voted to re elect Nagle as the CEO. Source:mining.com Read More Here

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