Thursday, 31 May 2007

BHP names S.African-born Kloppers as CEO

(Reuters) - Top global miner BHP Billiton Ltd. named insider Marius Kloppers as its new chief executive, replacing Chip Goodyear, as markets bet on a rash of mega-mergers amid an unprecedented commodities boom.

The widely-expected appointment of the South African-born former management consultant comes at a time when global mining companies are looking at alliances to bolster their position during the China-led surge in demand for minerals.


Read more at Reuters Africa

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