ARCHIVE

Board members jumping ship at CCX

THE uncertainty surrounding Colombian producer CCX and its owner, billionaire Eike Batista, has l...

Donna Schmidt

According to Reuters, citing a regulatory filing by parent company EGX, Bruno de Rossi Chevalier and Rodolpho Tourinho Neto resigned from their positions.

No reason was given for the departures.

The announcement comes just a week after four of the six members of its OSX Brasil shipbuilder arm also announced they would leave their seats, and two members left from its OGX Petroleo gas group.

EGX, a conglomerate of mining, energy and logistics companies all controlled by Batista, confirmed plans earlier this year to delist CCX on poor market conditions. However, the magnate postponed the plans in June.

He later said he would delist the company by buying back its shares in exchange for stock in other companies in his larger portfolio.

According to Forbes, 56-year-old Batista’s net worth in March 2013 was $10.6 billion.

TOPICS:

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

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly 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 Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production