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Reuters: BHP board to select new chairman in June

Published 06/01/2017, 08:53 AM
© Reuters.  Reuters: BHP board to select new chairman in June
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  • BHP's board is expected to select a new chairman at its June meeting to replace Jac Nasser, who announced his impending retirement in October, Reuters reports.
  • Among potential internal candidates is Ken MacKenzie, former CEO of Melbourne-based packaging group Amcor Ltd. who has been on the BHP board for less than a year, and Lindsay Maxsted, a former corporate recovery specialist and current chairman of Australia's Westpac Banking who has been on the BHP board for six years.
  • Separately, BHP says a fire has broken out at its Mount Whaleback iron ore mine, the largest of the seven iron ore mines owned by the company.
  • Also, BHP lifts force majeure at its Escondida copper mine in Chile, more than a month after the end of a strike that cost the company ~$1B.
  • Now read: Cobalt Miner News For May 2017


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