Codelco Chief Executive Officer Thomas Keller was asked to resign after his unyielding approach to cutting costs and preventing an output slide at the world’s biggest copper miner riled some board members and union leaders.
Codelco must execute a cost-cutting program at its oldest copper mine to ensure future profitability and maintain the state-owned company’s market leadership, outgoing Chief Executive Officer Thomas Keller said.
The success of a $20 billion plan to revive Codelco, the world’s largest copper producer, may rely increasingly on its first appointed woman director following the firing last week of Chief Executive Officer Thomas Keller.
Over the weekend in luxurious corners of California’s wine country, the annual Auction Napa Valley raised a record $18.7 million for local charities, including Queen of the Valley Medical Center where co-chairman Kary Duncan was treated for a broken leg earlier this year.
Thomas Keller , the U.S. chef who holds a total of seven Michelin stars for the French Laundry, Per Se and Bouchon, is in discussions about opening a pop-up restaurant at Harrods store in London later this year.
Copper is heading for the biggest surplus in 13 years as new supply hits the market. The excess may turn out to be smaller than investors expect as new mines struggle to ramp up, according to the metal’s biggest producer.