Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
On 3 October 2016 the Board of Directors of KGHM International Ltd. appointed Robert J. MacDonald, current Chief Financial Officer of the company, to the position of Acting President and Chief Executive Officer till the President and Chief Executive Officer is appointed by the Board of Directors of KGHM International Ltd.
KGHM International Ltd. is a wholly-owned subsidiary of KGHM Polska Miedź S.A., which owns mining assets in Canada, the USA and Chile (including a 55 percent interest in the Chilean mine Sierra Gorda).