- Write by:
-
Monday, December 4, 2023 - 22:21:13
-
138 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
Copper prices have retreated from a record in May on concerns about the strength of demand in China, where growth was ...
Zimbabwe’s state-owned Kuvimba Mining House is broadening its search for equity partners and financiers for its gold and ...
Codelco chairman Maximo Pacheco said on Thursday that the state-run copper giant expects production this year to outdo ...
A shortage of copper concentrate this year has forced a few smelters in China to cut output, and more curtailments could ...
Mercedes-Benz Group AG and Stellantis NV are in discussions with Serbia’s government to invest in lithium-processing and ...
Two Chinese copper smelters have laid out plans to reduce production next year as an imbalance between mine supply and ...
Copper edged down to a two-week low in choppy trading, amid uncertainty over supply and demand in China and weakness in ...
Chilean miner Antofagasta said on Wednesday it expects full-year copper output at the lower end of its 670,000 to ...
Chinese metal tycoon Dai Guofang’s first steel empire was brought down by a government campaign to rein in market ...
No comments have been posted yet ...