Thursday, 1 December, 2005 - 11:29
Minara resolves $48m conflict with Glencore
Minara Resources Ltd has announced the resolution of its long-running dispute with Swiss-based project funder Glencore, ending claims totalling about $48 million.
Peter Johnston is a highly experienced Australian mining executive and company director with over 35 years of operational and project development experience.
He has held senior roles with resource companies including as managing director and chief executive of Minara Resources, executive general manager of WMC Resources from 1993 to 2001 where he was also responsible for the nickel and gold operations, Olympic Dam operations, Queensland Fertilizers and human resources. He had also held senior positions with Lion Nathan Australia and Alcoa of Australia.
Mr Johnston was chair of the Minerals Council of Australia, an executive council member and president of the Chamber of Minerals and Energy WA, a director and chair of the Nickel Institute, and vice president of the Australian Mines and Metals Association.
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Minara Resources Ltd has announced the resolution of its long-running dispute with Swiss-based project funder Glencore, ending claims totalling about $48 million.
When nickel producer Minara Resources decided last year to pursue the development of a $25 million heap leach demonstration plant, it ran into an unexpected problem.
Minara Resources Ltd has successfully completed the largest and most comprehensive shutdown in the company's history at the Murrin Murrin nickel and cobalt project.
Executive remuneration is a hot political issue but the controversy does not seem to have slowed growth in pay packets at WA companies.
Five years of WA salary surveys show some chief executives appear to be remarkably well paid relative to the size of their business and the returns they have delivered, while others offer great value for money.
Five years of WA salary surveys show some chief executives appear to be remarkably well paid relative to the size of their business and the returns they have delivered, while others offer great value for money.
AS the world enters its fifth year of economic turbulence and even the best-insulated businesses in Western Australia are being affected, the factors that determine business influence in this state are changing.
Gaines first woman on Fortescue boardElizabeth Gaines has been appointed as a non-executive director at WA iron ore miner Fortescue Metals Group. Ms Gaines is chief operating officer, chief financial officer and an executive director of the Jetset Travelworld Group.
Peter Johnston has resigned from his role as a non-executive director of Emeco Holdings, following his appointment as head of global nickel assets for Glencore International, following its merger with Xstrata.
Peter Johnston has stood down as chairman of the Minerals Council of Australia, after holding the position for three years, to focus on his new role as Glencore's head of nickel assets.He is replaced by MMG managing director Andrew Michelmore.
NRW Holdings’ shareholders have lodged multiple protest votes at today’s annual general meeting while also supporting a lift in the company’s share price.
Our board moves wrap includes Paul Guilfoyle, Rowan Johnston, Andrew Munckton, Joe Graziano, Stephen Wetherall, Nick Selby, and Peter Johnston.
Our board moves wrap includes Peter Leonhardt, John Ribbons, Seamus Cornelius, Henry Heng, Robert Scharnell, Tom Fontaine, Geoff Michael, Peter Johnston, and Sharon Warburton.
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Peter Johnston is linked to 9 organisations which are included in 5 lists - Public Companies - non WA, Foreign-owned Companies, Gold Miners, Exporters and Public Companies - Resources WA.
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