The fatal incident occurred at the SimFer port site of the project on Saturday and the company said is collaborating with its partners and relevant authorities to conduct a comprehensive investigation.

Chief executive Jakob Stausholm extended his condolences to the family, friends, colleagues and communities affected by the tragedy. 

This is Rio Tinto’s fifth fatality in 2024. Four employees died in January when a charter flight to the Diavik diamond mine in northern Canada crashed. Before this accident, Rio had five consecutive years without fatalities at its managed operations.

The world’s second largest miner obtained in July all necessary regulatory approvals to resume construction at its vast Simandou iron ore asset, the world’s biggest mining project.

The mine, which Rio is co-developing with a Chinese consortium, is set to be the world’s largest and highest grade new iron ore mine, adding around 5% to global seaborne supply when it comes on line. 

First production from Simandou is scheduled for next year. The mine will contribute an annual supply of nearly 120 million tonnes of high-quality iron ore once it reaches full capacity.

Fokus Mining named Philippe MacKay  as CEO, effective Nov. 4.

Gr silver – The new CFO at GR Silver is Robert Payment following the retirement of Blaine Bailey.

Metso Corporation named Sami Takaluoma its new president and CEO.

Nations Royalty named Josh Kierce as CFO.

Board changes:

Julian Ovens joined the board of Canada Nickel Company.

Core Nickel named Paul Reid and Marc Pais as directors, and Shane Shircliff and Karen Lloyd have resigned.

Magnum Goldcorp added Dave Smith to its board.

Nuclear Fuels asked Brahm Silfogel to join the board.

Palisades Goldcorp accepted the resignation of William (Bill) Hayden from the board.

Pure Energy announced the resignation of Mary Little from the board.

Tintina Mines added Cesar Garrido to the board as Ricardo Landeta stepped down.

Volt Carbon Technologies said Rob Martin resigned his seat on the board.

Westmount Minerals announced the departer of director Kenneth Cawkell.

Boytim will lead the company in its mission to deliver cutting-edge, CTRM and supply chain solutions to its clients worldwide, Quor said.

With a robust background in the financial services and technology sectors, Boytim brings over 20 years of experience in growing technology companies. His expertise spans SaaS, enterprise software, data solutions and brokerage services, making him uniquely qualified to drive Quor’s strategic vision while placing its customers at the forefront of the company’s initiatives.

Before joining Quor, Boytim served as the chief operating officer at Broadway Technology, where he played a pivotal role in the company’s growth and market impact, ultimately leading to a successful acquisition by Bloomberg.

His previous experience includes time as chief operating officer and chief Strategy officer at Pico where he transformed the firm into an established player in the financial services space through a strong commitment to innovation.

“Bruce is a dynamic leader with a proven track record of driving growth and operational excellence,” Ishan Manaktala, operating partner at STG, said in a statement. “We are excited to welcome him as CEO, and are confident that his leadership will propel Quor and its customers to new levels.”

Other notable names include Anglo American (LON: AAL), Newmont (TSX: NGT, NYSE: NEM), Vale (NYSE: VALE), Agnico Eagle Mines (TSX, NYSE: AEM), Glencore (LON: GLEN), AngloGold Ashanti (NYSE: AU) and Teck Resources (TSX: TECK.A, TECK.B, NYSE: TECK).

To make the list, Forbes teamed up with market research firm Statista and surveyed more than 300,000 employees in over 50 countries who work for multinational corporate groups that meet the following criteria: employ more than 1,000 workers and operate in at least two of the six continental regions (Africa, Asia, Europe, Latin America and the Caribbean, North America and Oceania).

Respondents were asked whether they would recommend their company to family or friends, and to rate it based on such criteria as salary, talent development and remote work options. They could also rate companies they knew through their own industry knowledge and through friends and family who worked there.

Survey responses were then analyzed and tallied — along with data from the previous three years — with a heavier weight placed on the more recent data and evaluations from current employees.

While the number of honorees per country varied based on the population and qualifying companies in each area, a total of 850 companies spanning 48 countries earned a ranking on Forbes’ final list.

BHP topped all mining companies under the raw materials category, with a ranking of 90. After that, Anglo American was the highest ranked company at No. 251, followed by Newmont at No. 474, Vale at No. 502, Agnico at No. 649, Glencore at No. 675, AngloGold at No. 789, Teck at No. 797 and Poland’s KGHM at No. 823.

The new agreement, Newmont said, reflects the mutual commitment of all parties and is the outcome of open dialogue and safeguards the rights of all workers and provides a solid foundation for continuing operations at Peñasquito.

In 2023, employees at Peñasquito, Mexico’s largest gold mine, downed tools for over four months.

Newmont pegged the financial impact of the dispute at approximately $1 million a day in maintenance costs and $2.7 million a day in lost revenue.

The work stoppage was the third labour dispute at Peñasquito since the company acquired the mine through its merger with Goldcorp Inc. in 2019.

Big Red Mining named Jim Atkinson as CEO and president.

Gladiator Metals asked Olav Langelaar to be its VP corporate development.

Gold Candle named Dean Crick its new VP exploration.

Gold79 Mines named Quentin Mai as president.

Heliostar Metals appointed Hernan Dorado as VP sustainability and special projects.

Nevada King Gold appointed John Sclodnick as president.

Northern Graphite announced the departure of CFO Guillaume Jacq.

Gregg Orr is the new CFO of Santacruz Silver Mining.

Westgold Resources named Aaron Rankine its new COO and acting COO Jacob Mesiha was promoted to GM project and operational readiness.

Board changes:

Eastport Ventures welcomed David Minchin as chair of the board.

Equinox Gold said Fraz Siddiqui resigned from the board.

G Mining Ventures named Naguib Sawiris as a director.

Gold79 Mines named Brodie Sutherland to the board.

Mandalay Resources named John Jentz an independent director.

Omai Gold appointed Drew Anwyll to the board.

Laurie Lefcourt is now on the board of Sayona Mining.

Tyler, who has been with Adriatic since July 2024 as a non-executive director, took on the role of interim CEO in August, when the company’s co-founder and then CEO, Paul Cronin, resigned citing family reasons.

Tyler’s nomination comes after an extensive search conducted by the the board, the company said. With over 35 years of experience in underground polymetallic mining operations and executive leadership, she was the board’s unanimous pick for the role.

“Laura has an abundance of experience in underground, polymetallic mining operations and executive leadership roles,” chairman Michael Rawlinson said in the statement.

Tyler has served previously as chief technical officer at BHP, and held roles in executive leadership for the Olympic Dam, Cannington, and Ekati underground mines.

Her leadership comes at a pivotal time for Adriatic Metals as it continues to develop the Vares silver mine in central Bosnia, which opened earlier this year. She said the company was now in the final phases of reaching nameplate capacity at the operation.

In 2023, Adriatic contributed nearly 22% of foreign direct investment into Bosnia and 2% of its GDP. The miner deployed 69% of total capital domestically, the equivalent of $155 million, across 739 companies.

Shares in Adriatic jumped on the news, closing almost 5% higher in Sydney at A$4.09 apiece. In London, the stock was up 1.20% to 209p around noon local time, leaving Adriatic with a market capitalization of nearly £680 million ($885m)

Caprock Mining named Kyle Nazareth of Branson Corporate Services to the post of CFO.

The new CFO at Corcel Exploration is Kyle Nazareth of Branson Corporate Services.

Freeman Gold named CFO Bassam Noubarak to succeed William Randall, who resigned his role of president and CEO but will remain on the board.

Jubilee Gold named Sonia Agustina as CFO.

Suzette N. Ramcharan has joint Spanish Mountain Gold as its VP invest relations and corporate development officer.

Wesdome Gold Mines appointed Guy Belleau as COO.

Board changes:

Atex Resources added Rick McCreary to its board.

First Nordic Metals strengthened its board with the addition of Jeffrey Couch.

Founders Metals named Christ Taylor a director.

ICMM selected Tom Palmer, president and CEO of Newmont, as its new chair. He succeeds Ivan Arriagada.

The International Copper Association chose Shehzad Barmal, EVP and COO of Teck Resources, as its chair for the next two years.

The newest board member at Kapa Gold is Josephine Pantazidou.

Wesdome Gold Mines named Philip C. Yee as an independent director.

Western Copper and Gold welcomed Raymond Threlkeld as chair, replacing interim chair Bill Williams.

EMX Royalty appointed Stefan Wenger as CFO.

FPX Nickel named Nigel Fisher director of environment and Jarett Lalonde director of government and public affairs.

GPM Metals appointed John Tait as CEO.

Richard Young is the new CEO and a director of i-80 Gold.

Military Metals named Scott Eldridge as CEO following the resignation of Latika Prasad, who remains on the board.

Mineral Hill Industries named Herb Markgraff CFO.

Minsud Resources named Agustin Dranovsky its new president and CEO following the resignation of Ramiro Massa, who joined the board.

NetZero Metals, a subsidiary of Canada Nickel Company, named Scott Lauschke VP business development.

John Eren is the new CEO and a director of Orex Minerals.

Soma Gold named Hector Manuel Melendez Gomez its new country manager in Colombia.

Titan Mining named Rita Adiani as president.

Board changes:

Austin Gold announced the passing of director Benjamin D. Leboe.

Auxico Resources Canada announced the resignations of Melissa Sanderson and Byron King from its board.

Euro Manganese named Ludivine Wouters to the board as Gregory Martyr stepped down.

Fancamp Exploration welcomed Francis MacDonald to its board.

Patrick Power joined the board of Lions Bay Capital.

Maritime Resources named Allen Palmiere as chair.

At Mines D’Or Orbec, Chad Williams is now chair of the company and David W. Christie joined the board.

Myriad Uranium appointed Marvin Singer and Ian Archibold to the board.

Nova Pacific Metals named geoscientist David Mark to its board.

Premium Nickel Resources added Paul Martin to its board to replace John Hick, who retired.

Roscan Gold said Nana Sangmuah is its new chair succeeding Sir Samuel Jonah.

The newest director at Torex Gold Resources is Caroline Donally.

It’s an exciting time to work within the mining industry and we’re expecting to see big changes and developments. With the ongoing push towards cleaner energy and the energy transition, the demand for critical minerals is continually increasing, seeking battery metals to support areas such as the electrical vehicle market. 

As in many industries, digital advancements and new technologies are having a profound impact in mining operations, transforming and enhancing processes with the adoption of AI, automation and progressive data driven decisions through complex data sets and analysis. 

In this article we talk through the top companies in mining to watch this year alongside the key mining job roles in demand across the globe.

Top five companies to watch in mining

Epiroc – Epiroc provide and develop innovative equipment in the mining industry, focusing on comprehensive safety regulations they provide equipment such as drill rigs, construction equipment, rock excavation and tools for both application underground and surface. 

Epiroc have completed four acquisitions this year, including – ASI Mining, Yieldpoint, ACB+, Weco Proprietary Limited. With huge growth and investment, Epiroc are focused on innovation, collaboration and committed to exceeding customer expectations. 

Sandvik – Sandvik is a high-tech, global engineering group who provide solutions that successfully enhance profitability and productivity, with a large focus on sustainability. With extensive investment in research and development and customer insights, Sandvik cover the entire customer value chain.

Sandvik is expanding its portfolio within automation and digitalization technologies. With a significant focus on intelligent equipment and remote monitoring systems which aligns with the industry’s move towards safer and more efficient operations across global mining operations. 

Bradken – Bradken are leaders in innovative wear solutions in the global mining market, focused on providing solutions for customers which address pain points and enhance technical and performance requirements. 

Bradken acquired funtec facility early in 2024, expanding their mill liner business to support high demands in South America. Currently they import mill liners from Canada and India but producing them locally in Peru will build a faster and more sustainable process going forward. 

Liebherr Group – Liebherr Group is a pioneer within the development and production of heavy mining machinery and mining equipment such as haul trucks and excavators. With a strong focus on manufacturing and engineering, Liebherr Group provide effective solutions for the mining industry and a wide array of industries. 

With a commitment to innovation in heavy machinery and mining equipment, particularly in areas like hydraulic excavators and mining trucks, Liebherr Group are focused on integrating digital solutions and improving machine performance and efficiencies. 

Terex – Terex provide effective solutions with machinery and industrial products for their customers worldwide. Terex company values drive their focus on strong governance, culture, inclusion and zero harm safety.

Terex are focusing on integrating advanced technologies like telematics and automation to enhance operational efficiency and safety, which will drive its growth in the mining sector.

Top roles in demand across the mining industry

The mining recruitment team at CSG Talent support clients across the globe in hiring high calibre senior level talent, while our client’s needs vary dependent on their individual requirement, we have seen a trend in the roles most in demand so far this year.

Business Development Manager

Business Development Managers are responsible for driving new business opportunities to support business growth and customer acquisition. 

As part of this role, a Business Development Manager will source and identify prospective customers or clients, qualify leads, build strong relationships within their network and managing the end-to-end sales process. 

A Business Development Manager will have proven success in a sales and business growth capacity, but they also must have a strong understanding of mining operations and technologies. This will enable them to share this knowledge throughout the sales process, it’s a key part in product/service demonstrations and any objection handing throughout the process. 

Regional Sales Manager

A Regional Sales Manager is responsible for executing sales plans across the business, focused on maximising business growth opportunities and profitability. 

A key part of a Regional Sales Managers role involves relationship building, consistently keeping up communications with business customers, understanding their needs, pain points and challenges to ensure sales solutions add value and provide effective resolutions. They are responsible for sales teams performance, ensuring key targets are hit and that customer satisfaction and experience is of a high level throughout the process.

Sales performance and forecasting will be essential to the success of business performance, and this is a core focus for a Regional Sales Manager within mining. 

Vice President of Projects/Project Director

Mining projects across the globe are managed by Project Directors and Vice President of Projects who are responsible for taking large scale and complex mining projects from concept, planning and operations. 

This role is responsible for portfolios of projects, often in a number of locations and varying site environments, they will project manage to ensure mining projects adhere to budgets, timescales and safety regulations. 

Mining companies like to hire Project Directors and Vice President of Projects who have strong experience on the execution of successful mining projects, understanding the different stages of development and regulations that must guide the mining operations.

Strong leadership and excellent people management skills are a key trait for the success of this role in leading teams, dealing with high numbers of stakeholders and communications through reports, board meetings, presentations and formal correspondence. 

Mining Engineer

Mining Engineers are responsible for the development and construction of mines and mining operations, ensuring they adhere to safety regulations and run efficiently.

A Mining Engineer will inspect both new and existing mine sites to make informed decisions about the extraction of minerals and materials, this will allow them to create a plan for both efficient and safe mining operations.

Mining projects are often large-scale projects which involve high resource from a people, finance and equipment perspective, a Mining Engineer will plan and design mining operations with all of this in mind, while exploring the scope for mining technologies and enhanced equipment which can be implemented to improve overall mining operations.

Connect with an executive recruiter in mining

At CSG Talent, our expert mining recruitment team are inundated with job opportunities within the mining and minerals space, working with a wide range of businesses from large global players to start-ups new to market with exciting and innovative processes and technologies. If you’re looking for your new career opportunity in the mining space, explore our current vacancies, alternatively if you’re keen to hear talent insights and market information from our expert recruiters or talk through effective hiring strategies, get in touch.

This article first appeared on CSG Talent’s website.

Eriez named Toud Loudin as its new VP of global sales.

Intrepid Metals welcomed Ken Engquist as its new CEO as former CEO Ken Brophy becomes new president and COO.

MineHub Technologies appointed Esther Babb as its new COO.

Mistango River Resources’ Jamie Spratt stepped down from his role. 

Board changes: 

Alpha Exploration appointed Tim Livesey to its board. 

Besra Gold welcomed Michael Higginson to its board.

EnGold Mines’ chair Rolf Van Driesum stepped down from the board.

MC Mining welcomed Steele West and Muthui Huang to its board as Douglas Abrahams stepped down.

Northstar Gold welcomed Tanya Yang to its board as Chuck Main stepped down.

Now in its 6^th year, the AAMEG Africa Awards – part of the annual ‘Africa Down Under’ Conference – spotlights mining companies and not-for-profits that are enhancing the social and economic well-being of the communities they serve.

“The Africa Awards are an amazing opportunity for companies to show that they are actually making a difference in Africa,” Tamryn Lee Goddard, one of the Africa Award judges and manager, advisory sustainability at BDO, said in a news release.

“I want to see Australian companies building a brand around their operations in Africa and showing why they should be preferred operators on the continent.”

South 32, through its Mozal Aluminium Operations, partnered with the local government and community to transform the Malhampsene School into a vibrant educational hub. Now, 21 modern classrooms replace dirt-floor lessons under trees, providing over 4,000 children with proper desks, safe sanitary facilities, a canteen and other infrastructure — all essential elements of a supportive learning environment.

Orion Minerals established a Community Participation Framework to meet targets for local community employment, subcontracting opportunities and procurement. This program has supported the growth of Quebar Electrical and Civil Construction Pty Ltd, a 100% local Black-owned electrical and civil construction business. Quebar has increased local employment and positioned itself competitively within the mining sector, demonstrating a commitment to community uplift and gender equality. At Orion’s Prieska Copper Zinc Mine, Quebar currently employs 46 people, of which 43 are from the local community, including 9 female employees.

Recognizing the critical shortage of engineering professionals in Africa, DRA Global launched a range of programs to develop the next generation of industry leaders. Their initiatives included a 24-month graduate program providing hands-on experience on major mining projects and strong mentorship toward Engineering Council of South Africa accreditation. The company has also partnered with the African Academy and South African universities to provide bursaries and career support, while also offering job shadow programs for high school students.

These efforts have led to tangible outcomes, including the provision of 40 bursaries to students in 2023, 79 new graduates enrolled across the Group, 23 internal promotions, and a 80% retention rate of program alumni in permanent positions.

Perenti’s Somelo Poultry Project, initiated by Barminco in Botswana, focuses on sustainable economic development by addressing unemployment and enhancing entrepreneurial skills in the village. In collaboration with the local community, Barminco established a poultry farming program that supplies eggs to the Khoemacau mine camp, generating vital funds for the village. Overcoming infrastructure challenges like the lack of electricity and water supply, the project installed solar power facilities to provide sustainable energy and clean water, significantly improving community health and safety.

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Keep us up to date on your company’s latest appointments and achievements by emailing us at editor@canadianminingjournal.com or sign up for the free newsletter.

The North America unit consists of the Highland Valley copper operation in British Columbia, the Red Dog and Trail zinc operations, in Alaska and BC respectively, and the Galore Creek (BC), Schaft Creek (BC) and New Range (Minnesota) copper growth projects.

The Latin America unit covers the Carmen de Andacollo and Quebrada Blanca copper operations in Chile, Teck’s interest in the Antamina mine in Peru, as well as the Zafranal (Peru), San Nicolas (Mexico) and NuevaUnión (Chile) copper growth projects.

The two regional units, Teck said, will be supported by enterprise-wide functions and a dedicated projects group that will develop and execute brownfield and greenfield projects.

The Canadian miner started its business shift when it sold its British Columbia-based steelmaking coal unit to Swiss commodities giant Glencore in one of the biggest deals in the industry. The deal closed earlier this summer, with Glencore paying nearly $7 billion for Teck’s 77% stake in the coal business.

“This new structure will ensure Teck is optimally positioned to operate safely, efficiently and responsibly while capitalizing on profitable growth opportunities and enhancing value for our shareholders and all stakeholders,” Teck CEO Jonathan Price said in a news release.

“This change simplifies our business with a streamlined executive leadership team and regional structure to support our strategy focused on growth in copper, balanced with shareholder returns and the long-term resiliency of our business,” Price added.

New leadership team

To align with the new business structure, Teck has promoted a leadership group of current senior vice presidents to serve as executive vice presidents as well as various C-level roles. These include:

• Ian Anderson, EVP and chief commercial officer, responsible for margin enhancement through sales and procurement strategies and execution.
• Shehzad Bharmal, EVP and chief operating officer, responsible for driving safety, operational excellence and asset optimization at Teck’s operations.
• Jeff Hanman, EVP and chief strategy officer, responsible for developing and activating corporate strategy and transformation initiatives to position Teck as a leading producer of energy transition metals.
• Nic Hooper, EVP and chief corporate development officer, responsible for corporate development and value creation through portfolio optimization and Teck’s extensive exploration activities.
• Karla Mills, EVP and chief project development officer, responsible for accelerating growth by ensuring excellence in all aspects of the delivery of Teck’s portfolio of copper growth projects.
• Crystal Prystai, EVP and chief financial officer, responsible for overall financial management at Teck, including the allocation of capital to fund growth, maintain a resilient balance sheet and return cash to shareholders.
• Charlene Ripley, EVP and chief legal and sustainability officer, responsible for maintaining Teck’s leading sustainability performance, and supporting the business through legal, risk and compliance functions.
• Dean Winsor, EVP and chief people officer, responsible for human resources, development of talent, and the progression of a diverse, respectful and inclusive workplace.

Meanwhile, Fraser Phillips, SVP of investor relations and strategic analysis, is expected to retire in the first quarter of 2025, but will continue to lead Teck’s investor relations function in the interim.

“This executive leadership team bring to their portfolio an incredible breadth of experience and I look forward to working with them to unlock the full value of our premium energy transition metals portfolio and leading copper growth pipeline,” said Price.

Frontier SA has a mission to improve living conditions in neighbouring communities through funding various pivotal community development projects.

In compliance with the social obligations outlined in the DRC mining code and regulations, Frontier SA allocates 0.3% of its annual turnover to DOT-Frontier, a fund designated for community development projects as part of its corporate social responsibility.

As of 2023, Frontier SA has disbursed over $5.8 million to DOT-Frontier out of a total provision of over $9.2 million earmarked for the cumulative period spanning 2018 to 2023.

“Supporting this initiative for improved access to drinking water aligns perfectly with ERG Africa’s mission to develop impactful projects that sustainably benefit local populations,” ERG Africa CEO Nicolas Treand said in a news release.

Through DOT-Frontier, 10 community development projects are currently underway in Sakania for 2024, primarily focusing on health, education, agriculture, and infrastructure sectors.

The DOT-Frontier management mechanism is designed to foster community involvement and ensure transparent governance. It is administered by a specialized body comprising 12 members representing local communities, grassroots organizations, government entities and Frontier SA.

She founded the Coal Employment project (CEP) in 1978. The organization filed a federal complaint against 153 coal companies, accusing them of blatant discrimination and demanding they open their ranks to women.

Hall’s efforts resulted in legal settlements that not only provided back pay to women who had been denied jobs but also secured future hiring commitments from mining companies. This landmark achievement allowed women in coal-producing regions to pursue jobs that were often their only hope for supporting their families.

Hall’s work didn’t stop at getting women hired; she also focused on ensuring they were treated fairly on the job. She documented cases of severe workplace harassment, including sexual assaults and unsafe working conditions. 

“Sure, coal mining is hard work, but so is housework and so is working in sewing factories for minimum wages,” Hall told the New York Times in 1979. “If they have to choose between making $6,000 a year in a factory and mining coal for $60 or more a day, they’ll go into the mines.”

By 1983, Hall’s work had brought thousands of women into the mining workforce, and the National Conference of women miners, which she helped grow, became a platform for addressing the unique challenges faced by women miners. The group played a crucial role in rallying support for the Family and Medical Leave act of 1993, protecting workers who needed time off to care for sick family members.

Hall’s impact was recognized by labour leader Richard Trumka, who remarked at a 1983 conference, “Most men in the mines today would agree it’s been our good luck, not our bad luck, that you joined our ranks in the mines.”

Betty Jean Hall’s life and work stand as a testament to the progress women have made in industries where they were once unwelcome and her legacy continues to inspire future generations.

Borealis Gold named Lisanna Lewis as its new CFO.

Defense Metals CEO and director Craig Taylor stepped down from his roles. 

Freemont Gold welcomed Joel Sutherland as its new CEO and director. 

Kermode Resources appointed Jake Tiley as its new IR representative.

Li-Metal named Keshav Kochhar as its new COO. 

Mineral Hill Industries welcomed Reno Calabrigo as its new CEO as Eric Peter-Kaiser stepped down.

Oceanic Iron Ore appointed Chris Batalha as its new CEO. 

Rupert Resources named Graham Crew as its new CEO as James Withall stepped down. 

Serabi Gold appointed Colm Howlin as its new CFO as Clive Line stepped down.  

Vale welcomed Gustavo Pimenta as its new CEO as Eduardo Bartolomeo stepped down.

Board changes: 

1844 Resources appointed Andre Gauthier to its board. 

1911 Gold Corporation named Anna Ladd-Kruger to its board.

Arizona Gold welcomed James Engdahl as its chair of the board and appointed John McVey to its boardas Mike Stark stepped down 

Coppernico Metals named M.J. McQuhae to its board.   

Europacific Metals welcomed Karim Rayani as its executive chair and appointed Wazir Khan to its board as Catalin Kilofliski stepped down.

Lahontan Gold welcomed Kimberly Ann to its board.  

Mineral Hill Industries appointed Yves Kandel to its board.  

Quimbaya Gold welcomed Olivier Berthiaume to its board.  

Superior Mining appointed Jacob Hagedorn to its board.  

Tartisan Nickel welcomed Carl J. McGill to its board as Douglas M. Flett stepped down.

Zodiac Gold nominated Michael Demeter for election to its board.   

In acknowledgement of Women’s Equality Day, Paradigm for Parity recognizes exceptional leadership, commitment to advancing women in the workplace and continued efforts to promote diversity and inclusion.

The “Women on the Rise” award celebrates women who are not only rising stars in their companies but are also striving to be catalysts for change. Recipients of the award embody leadership qualities such as courage, innovation, authenticity, creativity, and a dedication to fostering environments where diversity and inclusion thrives, and where women can excel.

“Lori is a leader who has consistently worked to advance and inspire colleagues around the business,” Jennifer Cmil, Newmont’s chief people officer said in a news release.

“Through her thoughtful leadership initiatives at the Cripple Creek and Victor mine, she has championed IDE practices while also helping to drive important cultural shifts to improve employee experience in the workplace. This recognition is a powerful testament to her commitment to cultivating an innovative and equitable workplace, particularly in a historically male-dominated industry.”

In addition overseeing productivity improvements across seven sites, Douglas has demonstrated unwavering commitment to driving change, the company said, adding that as the executive sponsor of the Cripple Creek & Victor mine’s Women and Allies Business Resource Group, she has spearheaded efforts to break down barriers for women, ensuring that opportunities in mining are accessible and equitable.

Naidoo, a South African engineer with almost 30 years in the mining industry, praises Canada’s mineral resources, government support, and the deep-rooted legacy of mining, which she says reminds her of her home country South Africa. She also points out areas where the industry is lagging, particularly in productivity, which she believes needs attention to maintain competitiveness.

Regarding the state of Canada’s mining sector, Naidoo says that while the country is rich in mineral reserves, it is not maximizing production. She emphasizes the need for improved competitiveness and productivity to unlock the full potential of these resources.

She also discusses the importance of government support, noting that while there have been substantial investments in areas such as electric vehicle production, similar support for mining projects is lacking. She advocates for a more balanced distribution of funding across the entire value chain.

On her recent departure as CEO of VBM, Naidoo says her family was the catalyst for stepping down, as her role required extensive travel, keeping her away. 

Over the next decade, VBM plans to invest $25-30 billion in strategic mineral projects in Canada, Brazil and Indonesia. The aim is to nearly triple copper output to 900,000 tonnes a year and to almost double nickel production at the same time to 300,000 tonnes per year from 160,000-175,000 tonnes. 

Deshnee also touches on the broader challenges facing the industry, including the need for better collaboration with communities and stakeholders. She stresses that the industry’s success depends on building trust and ensuring that projects are resilient and sustainable.

Watch the interview here:

CFO Gustavo Pimenta was unanimously elected by the board, Vale said in a securities filing, adding that the transition will follow a schedule the firm had previously released.

In May, Vale announced it would unveil its next CEO by Dec. 3, following the board’s approval of a candidate list to be presented by the Russell Reynolds consultancy firm by the end of September. Bartolomeo would then support the transition to his successor by February 2025, according to the previously announced timeline.

The turmoil reportedly included attempted government interference, information leaks, and the departure of two independent board members.

One of them, Jose Luciano Duarte Penido, left the board in March and said in his resignation letter, reviewed by Reuters at the time, that the firm’s succession process was being conducted in a “manipulated manner.”

Pimenta said the company will be “focusing on creating and sharing value, taking Vale to even higher levels.”

Born in 1978, Pimenta has 20 years of experience in the financial, energy and mining sectors. He joined Vale as chief financial officer in 2021. Before that, he spent more than a decade at the US power company AES Corp. and previously served as vice president of strategy and mergers and acquisitions at Citibank in New York.

As Vale’s finance head, Pimenta oversaw the miner’s productivity agenda with a focus on capital allocation, cost efficiency, and defining a strategy to reduce greenhouse gas emissions by a third by 2030.

He has also been at the forefront of ongoing negotiations with the Brazilian government, including a final settlement for the 2015 Mariana disaster, and a dispute over the Carajas railway concession renewal.

(With files from Reuters)

Argyle Resources welcomed Michael Yeung as its new CFO.

Awale Resources appointed Andrew Smith as VP exploration, Ardem Keshishian as VP corporate development and investor relations, Kirmat Noormohamed as exploration manager, and John Scott as principal geologist.

Besra Gold welcomed Renee Minchin as its new CFO. 

Freemont Gold named Joel Sutherland as its new CEO and a director.

Global Uranium appointed Ungad Chadda as its new CEO as John Kim has stepped down. 

International Battery Metals welcomed Iris Jancik as its new CEO. 

Ivanhoe Electric named Mike Patterson as its new VP of investor relations and business development. 

Karnalyte Resources welcomed Danielle Favreau as its new CEO and Christie Gradin as its new CFO.

Kestrel Gold’s CEO and director Rob Solinger has stepped down from his roles. 

Perseus Mining welcomed Amanda Weir as its new COO. 

Red Metal Resources CEO,  president and director Gregg Jensen has stepped down from his roles. 

Sendero Resources appointed Alex Gostevskikh as its interim CEO as Hernan Vera has stepped down. Raymond D. Harari also stepped down as president. 

Board changes: 

Barksdale Resources welcomed Quinton Hennnigh to its board. 

Crestview Exploration’s Andreas Becker has stepped down. 

Goldhaven Resources welcomed Michael Stier and Chris Cooper to its board as David Smith and W. Scott Dunbar step down.  

IberAmerican Lithium appointed Frederico Restrepo-Solano and Laureano von Siegmund to its board.   

Kingsmen Resources welcomed Mark J. Pryor to its board. 

ONGold Resources’ Thomas Morris has stepped down. 

Solis Minerals welcomed Michael Parker to its board as Matt Boyes steps down.  

Argentina Lithium, Blue Sky Uranium and Golden Arrow Resources, members of the Grosso Group named Pompeyo Gallardo its new VP corporate development. 

Hiru welcomed Khalid Nasser as CEO and chair and James Peter Thorp as CFO.

Pacific Bay Minerals appointed Elton L.S. Pereira as its new VP exploration. 

Patriot Battery Metals welcomed Alex Eastwood in the newly created role of EVP commercial.

TRU Precious Metals named Steve Nicol as its new CEO. 

Uranium Energy appointed Josephine Man as its new treasurer and CFO. 

Board changes: 

Argyle Resources welcomed Marianne Richer-Lefleche to its board. 

New Gold appointed Richard O’Brien as its chair of the board. 

Belgravia Hartford Capital welcomed Ava Tahmasebi and Dr. Shoaib Sheikh to its board. 

Torr Metals named Gordon Maxwell to its board. 

The purchase, as first reported by The Wall Street Journal, was made off the market for a final sale price of $96 million. The land was bought by the now-retired DeGeneres two years ago for $70 million.

The property is located in Carpinteria, near Santa Barbara, a hotbed for celebrity buyers on California’s coast. It spans 10 acres of manicured land, resting atop a bluff overlooking the Pacific, and features an 8,000-square-foot home, according to reports.

This is the second time that Friedland bought one of DeGeneres’ high-end estates. In February, the mining billionaire paid $32 million for a Mediterranean-style estate in Montecito known as Pompeiian Court.

The Ivanhoe Mines chairman himself has been busy with his real estate dealings this year. Recently he sold another Carpinteria property for nearly $50 million.

The program, delivered by experts from the Camborne School of Mines, is being reintroduced after a five-year hiatus at the university’s Penryn campus in Cornwall.

The first cohort of undergraduate mining engineering students are due to be welcomed to the university in the 2025/26 academic year.

The degree will be part of the university’s Engineering 2030 strategy that will see an increased portfolio of engineering program at the undergraduate and postgraduate levels.

Students on all existing and new programs will study a common first year and will be able to convert to the dedicated mining engineering program in their second year of study.

The university is also seeking to create scholarships to support students to continue onto the conversion program.

Professor Lisa Roberts, president and vice-chancellor of the University of Exeter, announced the decision at a recent Camborne School of Mines Association gala dinner in Perth, Australia.

“Our Camborne School of Mines is known worldwide for its crucial role in providing skills provision, research and innovation in mining and critical minerals resourcing,” Roberts said at the event.

“One of the key missions of our Strategy 2030 goal is to lead meaningful action against the climate emergency and ecological crisis. Mining is integral to modern society, and as we look to transition to net zero, the demand for critical minerals is only going to increase,” she said.

Roberts acknowledged one of the largest concerns in recent years of the mining industry is the recruitment of new graduates, adding the relaunch aims to support the future health of the mining industry.

“The work that we do have never been more crucial, as we transition towards net zero and the demand for critical minerals increases. It is vital that we are at the forefront of supporting future generations of mining engineers, to help build a greener future for us all,” Professor Pat Foster, head of Camborne School of Mines, said in a media statement.

Last year, CSM launched two mining engineering programs – the Mine Management Degree Apprenticeship program and a part-time degree to provide current mining employees from diverse business specialisms, regulators and service providers with industry-relevant exposure to every aspect of the global mining value chain.

The project aims to develop a new skilled workforce, focusing on Indigenous peoples, women, and youth, trained to work in surface and underground drilling environments, Northern College said in a press release this week.

The program — “Diamond Drilling Common Core – Basic Training” — is free of charge, designed to prepare students for in-demand careers while providing inclusive opportunities for those wishing to work in the mining industry.

According to Northern College’s website, tuition for the program would normally cost $4,500. The college currently has four campuses spread across northeastern Ontario, including Timmins.

“Finding innovative approaches to education is one of the main commitments of Northern College. We are proud to offer flexible training opportunities that will prepare a newly skilled workforce to meet market demand,” Dean Lessard, SVP, Academic of Northern College said in the statement.

“The theory and practical experience the trainees will receive in this program, will provide participants with excellent opportunities to secure full-time employment in the mining industry,” he said.

“We are dedicated to nurturing the next generation of talent, providing support and resources for those eager to pursue careers in mining. Our goal is to build a robust, diverse workforce that not only reflects the rich heritage of our communities but also embodies the core values that NPLH Drilling is committed to upholding,” added Dana Blaquiere, CEO of NPLH Drilling.

By collaborating with TTN and NPLH Drilling, the program aims to extend these opportunities to First Nation individuals, fostering both skill development and potential career pathways in the drilling and mining sectors.

The courses will begin as early as fall 2024. To learn more or apply, click here.

Spanish Mountain Gold named Mark Ruus its new CFO. 

Waraba Gold appointed Jose Teixeira as its new CFO. 

Board changes: 

Banyan Gold appointed Marc Blythe as the non-executive chair and welcomed Hayley Halsall-Whitney to its board. 

CanAlaska Uranium selected Karen Lloyd as its chair and welcomed Shane Shircliff to its board.

GR Silver Mining welcomed Brent McFarlane and Jessica van den Akker to its board. 

New Gold appointed Richard O’Brien as its chair of the board. 

Sherritt International welcomed Shelley Brown to its board. 

Thunder Gold’s Bonnie Lyn de Bartok stepped down from the board. 

Waraba Gold named Jose Teixeira to its board. 

Mark Thompson, who has been with Nutrien for 13 years and currently serves as chief commercial officer, will assume his new role on August 26. He is set to replace Pedro Farah, who will remain with the company in an advisory capacity until the end of 2024, it said in the statement.

Since April last year, at least eight senior executives or managers have been let go or have resigned from the company. This exodus included members of Brazil’s entire supply management team, as well as the chief executive officer and CFO for Latin America.

The company started its Brazilian expansion soon after its 2018 formation through the merger of Potash Corp of Saskatchewan and Agrium Inc, which had one small fertilizer maker in Sao Paulo state.

By 2022, the company operated in 13 Brazilian states and had about 200 commercial units in Latin America, a region in which it has been present for over 25 years.

This year, however, the potash and other fertilizers producer revealed it may sell its retail operations in Argentina, Chile and Uruguay to focus on Brazil and other key markets.

Nutrien’s challenges in South America surfaced as fertilizer companies grappled with volatility in global markets, following Russia’s invasion of Ukraine in 2022. The geopolitical change caused prices to soar, only for them to then collapse the following year as farmers postponed purchases and global supplies stabilized.

The company’s second quarter results presented a mixed bag, with net earnings of $392 million, down from $448 million in the same period last year. 

Sales reached S$10.2 billion, a decrease from the $11.7 billion fetched in the second quarter of 2023. Diluted earnings per share came at 78 cents US, down from 89 cents US a year earlier.

Its adjusted earnings beat analysts’ estimates, as they reached $2.34 per share for the quarter ended June 30, compared with analysts’ average estimate of $2.21 per share.

Nutrien attributed the result to strong potash sales volumes, which climbed to 3.56 million tonnes during the quarter, compared with 3.38 million tonnes in the same quarter of 2023.

The Saskatoon-based firm said in July that fertilizer demand was just beginning to stabilize after the dramatic upheavals of the past few years, but expected better market conditions have yet to materialize.

“Though crop price fundamentals aren’t great, patient investors might wait for the realization that nitrogen fundamentals are outperforming crop prices (because of strong energy price differentials), and potash demand is accelerating (as well, potash prices seem trough-y now)”, BMO fertilizers and chemicals analyst, Joel Jackson, wrote in a note to investors.

Shares in Nutrien were slightly down in New York on Thursday in pre-market trading, changing hands at $46.57 — 1.08% lower than their closing price on Wednesday. The crop nutrients giant has a current market capitalization of C$31.96 billion ($23.2bn).

Andean Precious Metals’ Segun Odunuga stepped down as the EVP, finance.

Appia Rare Earths & Uranium and Romios Gold Resources named Brian Crawford its new CFO as Frank van de Water retired from the role. 

Baffinland Iron Mines’ Brian Penney stepped down as CEO.

Excelsior Mining named Craig Hallworth its new CFO. 

Lion Copper and Gold welcomed John Banning as its new VP and COO and Doug Stiles as its new VP sustainability and environment. 

Lodestar Battery Metals named David Christie its new strategic advisor.

Zodiac Gold named Tom Dowrick its new director of exploration.

Board changes: 

Auxico Resources Canada’s Richard Boudreault announced stepped down from the board.

New Gold welcomed Richard O’Brien as its chair of the board.

Power Nickel selected Steve Beresford to its board. 

Puranium Energy named Nick Tintor to its board. 

QNB Metals selected Nikolas Perrault to its board. 

Salazar Resources welcomed back Jennifer Wu to its board as Mary Gilzean stepped down.

Starr Peak named John Fahmy to its board. 

As subsidiaries of EarthLabs, both DigiGeoData and The Northern Miner now offer a more integrated and comprehensive mapping service. The new platform combines the strengths of DigiGeoData’s mapping technology with The Northern Miner’s extensive mining data.

President of The Northern Miner Anthony Vaccaro adds: “This new interface is an evolution of our legacy, offering unprecedented access to global mining data. This tool will help investors seeking the next discovery by empowering them with comprehensive and accurate data so that they can conduct due diligence and make more informed decisions.”

DigiGeoData’s managing director Glen Jones highlights the tool’s ability to present global mining data in an interactive format. “This tool revolutionizes how companies showcase their properties and how investors access and analyze mining information.”

TRY IT NOW FOR FREE

Canadian Mining Journal’s former editor Russell Byron Noble passed away on July 14.

Fokus Mining named Sylvain Champagne its interim CEO and president as Jean Rainville stepped down.

Great Pacific Gold named Greg McCunn its new CEO and director.

Jubilee Gold Exploration named Kyle Nazareth its new CEO.

Libero Copper & Gold Exploration named Tetiana Konstantynivska its VP investor relations. 

Maple Gold Mines named Ian Cunnighmam-Dunlop its VP technical services.

Metalla Royalty & Streaming named Jason Cho its new president.

Red Metal Resources named Gregg Jensen its new president, Marian Myers its director and project manager, and Brian Susko its VP of finance.

Board changes: 

Calibre Mining welcomed Sian Tasaka to its board.

Maple Gold Mines welcomed Darwin Green to its board.

Metals Acquisition welcomed Anne Templeman-Jones to its board and Mohit Runga as the new Glencore nominee to the board.

Myriad Uranium welcomed Simon Clarke to its board.

Neo Performance Materials welcomed Dr. John McGarva to its board.

Northcliff Resources welcomed Andrew Ing as its board chairperson. 

SKRR Exploration welcomed Tim Fernback to its board. 

Strategic Minerals Europe’s Gabriela Kogan stepped down from the board. 

From what was once a white sand industrial wasteland, today, the tailings storage facility at Abosso Goldfields’ Damang mine in Ghana is a veritable garden of paradise – and from lignite to lakelands, about 1.7 billion cubic metres of earth were moved to create new landforms out of Germany’s 300-million-tonnes-per-year lignite mining industry – are only two of the book’s compelling tales.

The book is a sequel to the original, 101 Things to Do with a Hole in the Ground which was published in 2009, and 20% of the case studies in the new book are updates on projects in the first. It was published in the UK by the Eden Project, which is also its first eponymous case study.

In Cornwall, England, clay mining at one time “defined the region’s economy, and its open pits and waste tips shaped the landscape”. Its kaolin mines were chemically benign, so there wasn’t any waste to remediate, but there wasn’t any soil either.

The Eden project successfully turned the site of former clay mines into a thriving botanical garden housed by geodesic domes designed by Grimshaw Architects. The Rainforest Biome is now home to thousands of the world’s rainforest plants, fed by ultraviolet light.

Co-author Dr Peter Whitbread-Abruta is an IEMA Environmental Auditor in mining ESG and sustainability, mine closure and international development in developing and conflict-affected countries.

The inspiration to write the book, Whitbread-Abruta told MINING.com in an interview, struck during his time building the Eden project, which opened in 2001 as an environmental visitor attraction – and to celebrate the new millennium.

“The first book was very much focused on a collection of photographs and captions and I wanted to do something that told more of a story this time and we had a bigger budget and we could do a better job,” Whitbread-Abruta said.

Though co-sponsored by mining majors Rio Tinto, BHP, Anglo American and Newmont, Whitbread-Abruta emphasized the authors had editorial independence, as no-one involved wanted to be accused of greenwashing.

“I went into this with my eyes open,” he said. “I’ve worked all over the world on some pretty dodgy old mine sites in different parts of the world and so I know what a lot of the industry is like and I also know there’s some good stuff going on that needs to be talked about as well, and if you can inspire people – that can help drive change.”

“Rio Tinto got interested in what we’ve done from a mine closure perspective because it was quite unique and unusual thing to do with a hole in the ground in Cornwall,” he said. “We attracted one and a half million people in the first year and since we opened its attracted 25 million people and generated over £2 billion of value added to the local economy and created hundreds of jobs, so in terms of vehicle for socio-economic regeneration and environmental renewal its been a poster child.”

Whitbread-Abruta acknowledged the world has seen a succession of mining disasters over the years that have colored public’s perception of the mining industry.

“I wanted to do something that was beautiful, informative and accurate that would appeal to people who weren’t necessarily interested in mining and would appeal to mining communities as well as mining mine workers,” he said.

The Sudbury story

Whitbread-Abruta said of all the stories from around the world, his favorite is the Sudbury, Ontario story.

“What I like about the Sudbury story is it was utterly devastated for a century – all the land was denuded and the soil was toxic and the forest wouldn’t regrow, yet there was tens of thousands of people still living there working in the mining industry and having to live in that kind of environment,” he said.

The rejuvenation was a combination of improved government regulation, science-based solutions, finding out what the mechanisms were and fixing them with the local university and then community action working together and then more progressive thinking by some mining companies that worked in partnership in the 2000s and later as a significant environmental renewal story that has lessons that reverberate around the world.”

Whitbread-Abruta noted that many of the success stories and examples were not driven by mining companies.

“A lot of the creativity and innovation has come from outside of the company structure from local community members or ex regulators, or artists who’ve managed to get traction with a company or an abandoned mine landowner and done something really amazing and there’s definitely transferable lessons from the non-company examples to the company examples,” he said.

“People’s progressive thinking within mining companies where they’ve opened up and been transparent has led to better solutions overall.”

Pointing to the future, the co-author noted there are going to be a lot of coal mines closing across entire regions of China and North and South America.

“It will be on a much greater scale of closure and post mining regeneration,” he said.

“The purpose of this is to try and inspire better practice and the more progressive people in the mining industry will hopefully find it useful, but I don’t think it’s going to change the reputation of the industry overall unless the overall industry changes.”

Cordoba Minerals named Peter Portka its new CFO.

Laramide Resources named Josh Leftwich its VP, operations and strategic planning.

Luca Mining named Dr. Dan Barnholden its new CEO.

Lucara Diamond named Dr. Lauren Freeman its VP, mineral resources. 

Lundin Gold’s named Chester See its new CFO as Christopher Kololian stepped down.

Mineros S.A.’s VP, business development and strategy Ana María Ríos stepped down.

Minsud Resources named Maria Del Carmen Munoz its VP, exploration as Case Lewis stepped down.

Plata Latina named Letitia Wong its new president and CEO.

Patriot Battery Metals’s COO Blair Way stepped down.

Red Cloud Securities named Ron Stewart the managing director, equity research.

Sage Potash named Amir Rahimtula as global markets and finance partner and Shilo Sazwan as its new strategic operations planner. 

Sierra Metals named Jean Pierre Fort its new CFO as Jose Fernandez-Baca stepped down.

Western Copper and Gold named Michael Psihogias its new CFO as Varun Prasad stepped down. Jess Eng will be the VP projects.

Board changes: 

Comet Lithium welcomed Kyle Frank to its board.

King Global welcomed Ben Hudye and George Mendez to its board as Shaffina Hirji stepped down.

Radisson Mining Resources welcomed Peter MacPhail to its board and Pierre Beaudoin to board chair.

Sage Potash welcomed Clark Sazwan to its board.

Silver Mountain Resources welcomed Gerardo Fernandez to its board. 

Vortex Metals welcomed Paul Fürst to its board. 

Industry legends including Canadian mining luminary Robert Quartermain, Agnico Eagle Mines (TSX: AEM; NYSE: AEM) chair Sean Boyd, Osisko Development (TSXV: ODV; NYSE: ODV) chair and CEO Sean Roosen, and Vizsla Copper (TSXV: VCU) CEO Craig Parry discussed the backstories behind their multibillion-dollar successes.

“Persistence and tenacity are everything in this business,” Parry said during the Mining Legends panel on July 11 at the Rule Symposium in Boca Raton, Fla. “You need to stay focused and keep pushing forward, even when things get tough.”

Quartermain, co-chair of Dakota Gold (NYSE-A: DC), steered Pretium Gold through a C$3 billion deal for its Brucejack gold project in British Columbia. Boyd has transformed Agnico Eagle into one of the largest gold producers globally with a market capitalization of C$52 billion, far bigger than Barrick Gold’s (TSX: ABX; NYSE: GOLD). Roosen discussed his journey from acquiring the Canadian Malartic asset in an C$88,888 distress sale to selling it for C$4 billion.

Kiss many frogs

Parry, who is also Inventa Capital co-founder and managing partner, said assessing projects on size, cost and success probability had underpinned his achievements. These include the Athabasca Basin and the Sierra Madre silver discoveries of the Panuco project Vizla is developing in Mexico.

“You’ve got to kiss a lot of frogs – drill and kill projects quickly,” Parry said.

Boyd recounted Agnico Eagle’s rise from a C$50-million revenue company in 1998, crediting the company’s success to a high-quality asset approach, strong team trust and sound geological assessments.

“We knew what we were good at, and mining is tough enough. So, let’s just stick to what we’re good at,” Boyd said, highlighting the importance of focusing on core competencies.

Lessons learned

The legends were candid about their mistakes and the lessons learned. Boyd shared an early financing misstep where Agnico Eagle turned down a critical capital deal, leading to financial struggles. He stressed the importance of maintaining financial control.

“Never put yourself in a position where the banks can tell you how to run a mine,” Boyd advised.

Quartermain detailed one of his prior companies holding a challenging project in Russia that they could not sell at a profit due to jurisdictional risks and issues. He said local partnerships were fundamental, and understanding geopolitical risks is paramount when starting a project.

Roosen, who also founded Osisko Gold Royalties (TSX: OR; NYSE: OR), shared a lesson from his time developing the Canadian Malartic project, today Canada’s largest open-pit gold mine. Underestimating community relations nearly derailed the project, he said. They planned to move 20% of the town of Malartic, including 205 homes, without fully appreciating the complexities and sensitivities involved.

In the early stages, the team faced significant resistance from the community, resulting in strained relations and mounting opposition.

Roosen and his team reassessed their approach. They understood that gaining the trust and support of locals was critical for the project’s success, he said. By improving communication, addressing concerns and actively involving the community in the decision-making process, they rebuilt trust and eventually moved forward with the project.

Personal investment

The discussion also delved into personal investment philosophies. Roosen said his bets last year were on companies like Patriot Battery Metals (TSX: PMET; ASX: PMT) and Dakota Gold, emphasizing the importance of backing strong management teams. “I’d rather back the jockey than the horse,” he said.

Parry also enjoyed a good run upwards with Patriot. He described how a chance meeting with an Australian colleague led to an investment in the company at about C$0.70 per share, which eventually soared to C$20.

Boyd, maintaining a singular focus, has only ever invested in Agnico Eagle to avoid conflicts of interest.

Looking ahead, the panellists outlined their current projects. Roosen is focused on the Cariboo gold project in BC and the Tintic copper-gold project in Utah. Parry is enthusiastic about Vizsla’s silver district in Mexico and several ventures in the Athabasca Basin.

Boyd said Agnico Eagle’s major projects, underpinned by the Detour Lake and Canadian Malartic assets, were set to continue generating stable dividend payments. At the same time, Quartermain is excited about Dakota Gold’s promising drill results at the Maitland gold project in South Dakota.

The fresh reorganization would ensure the Perth-based mining company remains “lean, impactful and agile,” it said in the statement. Fortescue said its acting chief financial officer, Apple Paget, will assume as permanent CFO to ensure the company’s balance sheet’s health.

Billionaire Andrew Forrest, Fortescue’s founder and executive chairman, has been working to transition the business away from iron ore, which stills generates most of the miner’s revenue. 

Fortescue has simultaneously experienced a number of senior staff members departures over the past few years, rising questions about Forrest’s strategy and leadership style.

While Forrest emphasized the company’s “resolute” commitment to its green technology vision, a spokesperson for Fortescue told Bloomberg that the goal of producing 15 million tonnes of green hydrogen annually by 2030 was being put on hold until electricity prices decrease. The measure would also lead to a slowdown in technology development across the board.

Forrest noted that the wars in Ukraine and the Middle East have driven up global energy prices, making large-scale green hydrogen production unviable, The Australian Financial Review reported.

“In that environment you’re not going to bring in major sources of green hydrogen, which relies on cheap energy prices,”  he told the newspaper. 

Fortescue’s layoffs, although global, will add to the thousands of job losses in Australia’s resources sector this year, impacting loss-making nickel operations, lithium mines, and Alcoa’s (NYSE: AA) Kwinana alumina refinery.

Green expansion

Fortescue had been expanding its presence in the green energy market in recent months. Late last year, it approved investments of about $750 million over the next three years for a green hydrogen hub in the US and two other projects: the Gladstone 50 megawatt green hydrogen project in Queensland, Australia; and the Christmas Creek green iron trial commercial plant in Western Australia.

The miner has also announced its intention to build an advanced manufacturing facility in Michigan and it has opened an office in New York, called Fortescue Capital, to attract more investment into its green energy businesses.

In April, it formed a joint venture with OCP Group to supply green hydrogen, ammonia and fertilizers to Morocco, Europe and international markets.

As part of the strategy to scale up its green energy unit, Fortescue said last year it would no longer allocate 10% of its net profits to this business. Instead, projects and investments will compete for capital allocation, with additional funding coming from external investors.

Fortescue expects to maintain equity stakes ranging from 25% to 50% in these projects, where it will partner with outside investors.

Andean Precious Metals named Sylvain Lessard its president and general manager of Golden Queen mine.

Barksdale Resources named Alan Roberts its new VP of exploration. Thomas Simpson, SVP exploration, and Andrew Pooler, SVP development, retired.

Bear Creek Mining named Donald McIver VP of exploration and geology.

Cabral Gold named Samantha Shorter its new CFO.

Copper Standard Resources named Matt Fargey its new CEO.

EnviroMetal Technologies named Jason Leikam its new CFO.

Forum Energy Metals named Richard Aksawnee the Manager of Nunavut affairs.

Li-Metal’s CEO and director Srini Godavarthy stepped down from her roles. 

Luca Mining named Dr. Dan Barnholden its new CEO. 

Mineros S.A.’s CEO and president Andres Restrepo stepped down.

TVI Pacific named Michael G. Regino its CEO and president and Love D. Manigsaca its CFO. Clifford M. James stepped down as CEO and president and Patrick B. Hanna stepped down as CFO.

Board changes: 

1844 Resources welcomed Dr. Mathieu Olivier to its board. 

EnviroMetal Technologies directors Court Anderson and Alexander Ruckdaeschel have stepped down.

ISRM announced death of Dr. Evert Hoek.

Nuinsco Resources welcomed Alastair Neill to its board.

Sego Resources welcomed Paul McGregory to its board as director Sven Gollan stepped down.

TVI Pacific welcomed Rex A. Camit, Edse; M. Abraasaldo, Eugene T. Mateo, Johnny C. Felizardo andYolanda L. Coronel-Armenta to its board. 

Aranjin Resources named Joe Graziano its new CFO. 

Hot Chili named Deborah Le Moignan its interim CFO. 

Karus Mining named Dave Cross its new CFO.

Lode Gold named Windfield Ding its new CFO.

Lodestar Battery Minerals named Kyle Appleby its new CFO.

Lodestar Battery Minerals EVP Scott Margach stepped down in that role but will remain independent director.

Lucara Diamond named Dr. Lauren Freeman its VP mineral resources. 

North Peak Resources named Andrew Dunlop its new CFO. 

Patriot Battery Metals Blair Way retires as COO but will remain on the board.  

Pacific Ridge Exploration named Harry Nijjar its new CFO.

Sayona Mining named Lucas Dow its new CEO and managing director.

Scorpio Gold named Harrison Pokrandt its VP of exploration. 

Sierra Metals named Jeanne Pierre Fort its new CFO. 

Board changes: 

Argyle Resources welcomed Aman Gill to join its board. 

Austral Gold welcomes David Hwang and Jose Bordogna as its new joint company secretaries.

Evolution Mining welcomed Fiona Hick to join its board. 

Cordoba Minerals welcomed Jordan Neeser and Terry Krepiakevich to join its board.

Goldstorm Metals welcomed Ken McNaughton to join its board. 

Lodestar Battery Metals directors Gary Prihar and Killian Ruby have stepped down. 

Newmont welcomes Harry M. (Red) Conger to join its board.

Nuinsco Resources announced death of director Dr. James M. Franklin.

Pacific Ridge Exploration welcomed Gerald Carlson, Blane Monaghan, Bruce Youngman and Gary Baschuk to join its board.