Energetic CEO whose decade-long tenure took Brazil’s Vale to world leadership in iron ore.

Industry bellwether Caterpillar's global mining equipment sales drop 42% as Asia-Pacific and Latin America orders fall off a cliff.

Bidders include former Barrick Gold CEO Aaron Regent's company, Magris Resources, and Chilean energy firm Copec.

The change of leadership comes as the mining giant and its peers look for a way out of a prolonged commodity slump.

Mr. Sutherland has over 20 years of financial and operating experience in the gold mining industry and most recently was the CEO of Archipelago Resources growing it to a 200,000 ounce gold producer.

Court fines top gold producer 145m pesos over September cyanide spill at its Veladero mine in San Juan province.

They have already taken the first steps towards resuming activity, applying for permission to use old mining pits to store tailings.

The infractions include not implementing measures to control emissions, altering the natural habitat for native wildlife, and operating a tailings dam in an unauthorized fashion.