Collahuasi Names New CEO

Reuters reported that copper miner Collahuasi has appointed former Codelco executive Jorge Gomez Diaz as its new CEO, in an effort to revive sagging operations.

As quoted in the market report:

Last year Collahuasi was dragged to its lowest copper output since 2007 and has been hit this year by a combination of work stoppages, heavy rains and fatal accidents, prompting Anglo , Xstrata and Japanese partner Mitsui to step in, appointing interim co-chief executives and a recovery plan.

To view the whole Reuters report, click here.