OZ Minerals chief executive Andrew Michelmore will resign as soon as a sale of most of the Australia mining house's assets to China's Minmetals is completed, the company said on Tuesday.
Michelmore, the architect behind the A$1.2bn ($883m) transaction, due to be completed later this year and aimed at saving OZ from liquidation by its creditors, will take up an executive position with Minmetals, the company also said.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment