PRECIOUS METALS

New boss for Penasquito after Cooper sacked

Cooper terminated for code of conduct breaches

Staff reporter

This article is 4 years old. Images might not display.

Newmont said his employment had been terminated with immediate effect for violations of its code of conduct while working for the company in Australia.

The company provided no further detail of the violations.

Cooper joined Newmont in late 2017 as GM of Boddington in Western Australia.

It was announced in January he was being transferred to Penasquito in Mexico.

"Under Jim's leadership, Boddington has delivered step-change improvements in safety, mill throughput and recovery, mine plan sequencing and execution," Newmont CEO Tom Palmer said at the time.

"Boddington's scale and processing characteristics are similar to Penasquito's, making Jim uniquely qualified to replicate Boddington's consistently strong performance at Penasquito in Mexico."

Before Newmont, Cooper spent more than nine years with Rio Tinto, including over five years as GM of the Hope Downs iron ore operation.

He was succeeded at Boddington by Jen Bennett.

Ahafo mine manager Bernard Wessels has been appointed as GM of Penasquito.

"Bernard is a capable leader who brings a proven track record of delivery at large, complex operations and will continue a culture of continuous improvement to drive efficiencies and improve performance at this world-class operation," Palmer said.

Penasquito has over 8 million ounces of gold reserves, and approximately 26Moz in gold equivalent reserves. It produced 129,000oz of gold equivalent last year, comprising gold, silver lead and zinc.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.