21
Jun
10:45
FMG adds chief financial officer to board
Australian miner FMG has added chief financial officer Stephen Pearce to its board as executive director, the miner says. The move comes as the miner’s cost cutting targets are threatened by rising oil prices and a stronger AUD, Kallanish notes.
Pearce became cfo in 2010 and has overseen the gradual paying down of the company’s hefty debt burden. It paid down another $650 million of 2019 notes in May, bringing its debt repayments to $2.3 bi…
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Anonymous
Very good overview of the weekly steel market.
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