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Fortescue COO, executives step down amid Iron Bridge review - Vimarsana News

Fortescue COO, executives step down amid Iron Bridge review

By Reuters Staff 3 Min Read MELBOURNE (Reuters) - Australia’s Fortescue Metals Group Ltd said on Tuesday Chief Operating Officer Greg Lilleyman and two other executives have resigned as part of a review of its Iron Bridge Magnetite project in Western Australia. The $2.6 billion high-grade ore project, which is key to Fortescue’s growth strategy, was on track to start exports in the first half of 2022, it said last month, after the Australian newspaper reported the project faced a cost blowout of as much as 25%. Higher ore grades would mean Fortescue could blend the material with that of i...

Fortescue (ASX:FMG) share price hit by a $3 billion cultural problem - Vimarsana News

Fortescue (ASX:FMG) share price hit by a $3 billion cultural problem

Fortescue (ASX:FMG) share price hit by a $3 billion cultural problem Mitchell Lawler | February 16, 2021 7:59pm | More on: Fortescue Metals Group The Fortescue share price nosedived following the announcement of several resignations in the company’s leadership team, leaving Fortescue shares down 3% at the closing bell. Losing sight of values and culture The details are sparse at the moment, with little being divulged to the market ahead of the company’s half-year results expected on Thursday. What is clear is that the following members of the leadership and projects team have resigned: ...

Readers sound off on Trump's acquittal, Presidents Day and the Q Shaman - Vimarsana News

Readers sound off on Trump's acquittal, Presidents Day and the Q Shaman

Fresh Meadows: After the second acquittal of Donald Trump, a lot of Democrats feel disappointed and disillusioned. I have a different perspective.

Former Longboat Key Commissioner Peter O'Connor dies | Longboat Key - Vimarsana News

Former Longboat Key Commissioner Peter O'Connor dies | Longboat Key

If there was one quality former Longboat Key Town Commissioner Peter O'Connor exemplified, it was preparation, colleagues said.  Whether it was an issue related to beach erosion or something to do with the town's organizing documents, O'Connor was always ready to make his case, said former Commissioner and Mayor Joan Webster. “He studied everything before we had meetings, and he was an expert on the town charter,” she said. “He always defined his comments with how the charter was saying we should handle this particular kind of issue.” O'Connor, who served on the commission from 200...

Rio Tinto board could face pressure on Indigenous broken promise claim - Vimarsana News

Rio Tinto board could face pressure on Indigenous broken promise claim

By Reuters Staff 4 Min Read MELBOURNE (Reuters) - Rio Tinto chairman Simon Thompson is set to face further pressure over the board’s handling of the destruction of sacred rock shelters in Australia after an Indigenous group accused him of breaking a personal promise, analysts said. FILE PHOTO: A sign adorns the building where mining company Rio Tinto has their office in Perth, Western Australia, November 19, 2015. REUTERS/David Gray The traditional owners of the rock shelters said Thompson had told them Rio’s acting head of iron ore, Ivan Vella, who had led reconciliation efforts, would...