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Goldcorp CEO Chuck Jeannes to retire in spring Hudbay Minerals CEO to

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VANCOUVER — Goldcorp says its president and chief executive Chuck Jeannes will retire in the spring and David Garofalo, who is currently the president and CEO of HudBay Minerals Inc., will take over his role.The gold miner said Jeannes will step down following the company’s annual general meeting in April.Jeannes has been at the helm of the company since 2007, and has worked for Goldcorp and its predecessor company Glamis Gold for nearly 17 years.“It has been a tremendous honour to lead Goldcorp over the last seven years as it has matured into one of the world’s leading gold mining companies,” Jeannes said in a statement Friday.“I have had the privilege of working with an exceptional group of leaders as we built the foundations for long-lasting success at Goldcorp, including two key new mines that will drive strong, low-cost production for many years. I have tremendous respect for David and look forward to working with him, the board and the management team over the next few months to ensure a smooth transition.”The Canadian PressGoldcorp Inc stops operations at Northern Ontario mine to investigate fatal worker accidentDoes Goldcorp Inc have some M&A in the works? read more

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Funds at last coming in for hungerracked Niger but more still needed

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“Over the last few days, the world has finally woken up, but it took graphic images of dying children for this to happen,” Under-Secretary-General Jan Egeland told a news briefing in Geneva. “More money had been received over the last 10 days than over the last 10 months.”He said he was hopeful that most of the $30.7 million that so far been sought will be forthcoming, with $25 million so far in hand or pledged but the figure will again be revised upwards.This is not much money; in fact it is only 20 minutes of the world’s military spending, he added, and it is for the 800,000 malnourished children of Niger and the 2.5 million people living on less than one meal a day due to a food crisis brought on by last year’s drought and a plague of crop-devouring locusts.Mr. Egeland said he found one of his most difficult missions was to bring attention to the most neglected and forgotten emergencies. For each one that received funding and profiling, there were a dozen neglected emergencies, some of which turned, despite early warnings, into full-blown catastrophes, as in Niger.The Government of Niger and the few agencies present in the country had tried to warn about the situation, and he said he had also tried to warn the international community. In general, donors were more and more responsible – giving money earlier and earlier – but in Niger, the system had failed. There should not have been so many children dying in Niger. It could have been averted, he added.Asked how many children had died in Niger, Mr. Egeland said it was not known, but the number was in the thousands. Niger had already been listed before the present crisis as one of the two poorest countries on Earth according to the UN Development Index, and the child mortality rates were very high to start with, but now it was well over the emergency threshold, with more dying than in Sudan’s strife-torn western Darfur region. read more

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