MARKETS

Fording appoints new vice president

FORDING Canadian Coal Trust has selected R J (Jim) Brown as vice president and chief financial officer effective October 3, the company announced this week.

Donna Schmidt

In addition, the company’s managing partner, Teck Cominco Coal Partnership, has named Brown to the same titles for its Elk Valley Coal Partnership.

Brown brings with him almost three decades of service in the oil and gas industry in a senior financial capacity. Before joining Fording, where he will replace Ron Millos, Brown was vice president or finance and chief financial officer of High Point Resources.

“We look forward to having Jim Brown join our management team,” said Trust chairman Michael Grandin.

Fording, a Calgary-based mutual fund trust, invests significantly in metallurgical coal operations and holds a 60% interest in the Elk Valley Coal Partnership, a collection of met coal properties that is also the country’s second largest exporter of the product. The Partnership expects to export some 27 million tons of high-quality coal worldwide this year, specifically to steel companies.

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

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

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions