VANCOUVER (miningweekly.com) – One of the co-founders of Canadian base metals producer First Quantum Minerals Martin Rowley will retire on June 30.
He co-founded the company with Philip Pascall and Clive Newall in 1996, and served as CFO and director until 2007, when he assumed the role of executive director for business development.
Significant milestones under his watch included the acquisition and development of Africa's largest copper mine, the Kansanshi mine, in Zambia, and the takeover of Inmet and its tier-one Cobre Panama copper project, in Panama.
"It is a difficult decision to retire as an executive at this stage of exciting development and growth of the company, but after over 20 years in executive roles I am confident that with the energy and culture of First Quantum's people, succession will be seamless and the business strategy will continue to be successful as it has to date,” Rowley reminisced.
"One of the most satisfying elements of the First Quantum journey has been the benefits that have flowed to the communities in which we operate our mines throughout the world."