Vedanta to exclude base metals business from sweeping demerger
The group said it will consider the base metals business demerger at a later stage.
Peru’s Buenaventura, one of the country’s largest miners of precious metals, on Wednesday said it added two executives from Chile’s Antofagasta to its board of directors following a partnership that began late last year.
The new members are Ivan Arriagada, Antofagasta’s chief executive, and Andronico Luksic, Antofagasta’s vice president of development, Buenaventura said in a statement.
They will join another seven members on Buenaventura’s board of directors.
Antofagasta acquired a 19% stake of Buenaventura in December.
(By Marco Aquino and Daina Beth Solomon; Editing by Kylie Madry)
Comments