Imerys’ Board of Directors has accepted at a meeting on Monday, October 21, 2019, the resignation of Mr. Conrad Keijzer, from his role of Chief Executive Officer and Director of the company.
Newmont Goldcorp Corporation has appointed accomplished miner Dan Janney to continue improving the Company’s safety and operational performance in North America. Most recently, Mr. Janney was serving as Newmont Goldcorp’s Group Executive supporting the Full Potential continuous improvement work in the region. He will assume the full accountabilities of the Regional Senior Vice President role in North America, effective today.
The proceeds of the Financing were for exploration and development on the Kaity Property in Mexico, including diamond drilling, land use permits and associated costs, metallurgical bench testing of the copper mineralization, and investigation, evaluation and implementation of the Gloria Pilot Mining Project. In addition, the proceeds are for option payments in Mexico, current accounts payable, general administrative expenses, and working capital.
Freeport-McMoRan Inc. announced today the appointment of John J. Stephens to its Board of Directors and as a member of the Audit Committee of the Board of Directors.
“Carlos strengthens our Board with his many years of experience in the mining industry as a successful mine builder and operator, particularly over the more recent years in senior management roles.” stated Arturo Prestamo, Santacruz’s CEO. He added, “Carlos is a great leader and is a welcome addition to our Board.”
Layne Drilling is drilling on 24-hour, 7-day a week basis, and the operator (Montgomery & Associates) reports no drilling difficulties. Changes in drilling methodology for the Phase III program have been shown to be successful and drilling to target depths of up to 600 meters are expected to be achieved.
ASARCO issued a statement indicating that it was disappointed with the decision to strike, which it said involved seven of its eight unions. The company said it continues to negotiate in good faith and remains “committed to reaching a new agreement”. The USW said it hopes to bring the strike to a quick end, but the main negotiation objectives of the two sides seem a long way apart.
“Following a comprehensive selection process, led by our Chief Financial Officer Etienne Morin, and supported by our independent advisors Cutfield Freeman & Co., some of our key shareholders have re-iterated their support by agreeing to provide Orla with a simple and flexible debt facility, the proceeds of which will be used for the development of our first mine. We appreciate the interest of other debt providers, ranging from conventional banks to streaming companies and alternative debt funds, who were willing to support the Orla team and were eager to be part of our company’s growth”, stated Jason Simpson, President and Chief Executive Officer.
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