Mahesh C. Khemlani has been installed as the new President of the Panama Diamond Exchange in an inauguration ceremony conducted yesterday morning on the PDE trading floor.
The copper mine, one of the world's biggest, is on track to begin production in the first quarter of 2016, despite weak prices and relentless protests against the project.
The world's largest equipment maker not only reported lower quarterly profits, but also cut its 2015 earnings forecast and warned its revenue would fall even further next year.