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New boss for Penasquito after Cooper sacked

Newmont Corporation says it has terminated the employment of Penasquito general manager Jim Cooper.
New boss for Penasquito after Cooper sacked New boss for Penasquito after Cooper sacked New boss for Penasquito after Cooper sacked New boss for Penasquito after Cooper sacked New boss for Penasquito after Cooper sacked

Jim Cooper in 2018. Photo: Gold Industry Group

Staff reporter

Newmont said his employment had been terminated with immediate effect for violations of its code of conduct while working for the company in Australia.

The company provided no further detail of the violations.

Cooper joined Newmont in late 2017 as GM of Boddington in Western Australia.

It was announced in January he was being transferred to Penasquito in Mexico.

"Under Jim's leadership, Boddington has delivered step-change improvements in safety, mill throughput and recovery, mine plan sequencing and execution," Newmont CEO Tom Palmer said at the time.

"Boddington's scale and processing characteristics are similar to Penasquito's, making Jim uniquely qualified to replicate Boddington's consistently strong performance at Penasquito in Mexico."

Before Newmont, Cooper spent more than nine years with Rio Tinto, including over five years as GM of the Hope Downs iron ore operation.

He was succeeded at Boddington by Jen Bennett.

Ahafo mine manager Bernard Wessels has been appointed as GM of Penasquito.

"Bernard is a capable leader who brings a proven track record of delivery at large, complex operations and will continue a culture of continuous improvement to drive efficiencies and improve performance at this world-class operation," Palmer said.

Penasquito has over 8 million ounces of gold reserves, and approximately 26Moz in gold equivalent reserves. It produced 129,000oz of gold equivalent last year, comprising gold, silver lead and zinc.