Turquoise Hill Resources Ltd (NYSE:TRQ), better known for its operations in mining, made a handful of changes in its top leadership team to ensure it could continue to live up to customers’ expectations. As per the reports, the biggest change came in the form of appointing new Vice President. Brendan Lane has been named as the new VP- Development and Operations at Turquoise.
Insights of Matter
Mr. Lane has spent over two and a half decades working in different roles related to mine engineering, metallurgical and commercial positions at Anglo American, Rio Tinto and BHP Billiton. The entire senior management team of Turquoise is delighted to announce this update and hopes that Lane will take Turquoise to all new heights. According to company’s CEO, Jeff Tygesen, in this fast paced business environment, Brendan Lane’s vast commercial and engineering experience will prove to be a huge plus for the company.
He has joined the project department where he will closely work with the team responsible for developing Oyu Tolgoi.
In his recent association with Rio Tinto Copper, Lane served as the Grashberg Finance Director and Escondida Limitada. He provided decision support and strategic guidance to operational management support teams with JV partners Freeport-McMoRan and BHP Billiton. Before heading operational management department, he held a handful of commercial roles in coal business units and Rio Tinto Copper.
Mr. Lane did Chemical Engineering from the University of Queensland and went to finish Masters in Applied Science from University of Southern Queensland.
Reporters got in touch with Lane and asked about this new responsibility, to which he said that he was very excited to work with Turquoise Hill Resources Ltd. It’s one of the most sought-after names in the industry and has world-class technologies in place; working with Turquoise will surely be a great experience, Lane added.
Going forward, Turquoise Hill Resources will introduce many more such changes to uplift its performance, details of which will be announced at a later date.
