NEWS! FORTESCUE NEW CANDENTE DIRECTOR & AUSENCO UPDATE ORIGINAL: Christine Nicolau Appointed as Director Representing Fortescue Metals Group
2021-05-19 11:08 ET - News Release
VANCOUVER, British Columbia, May 19, 2021 (GLOBE NEWSWIRE) -- Candente Copper Corp. (TSX:DNT, BVL:DNT) ("Candente Copper”, “Company”) is pleased to announce that Ms. Christine Nicolau has been appointed to the board of directors of Candente Copper, representing Fortescue Metals Group Ltd (“Fortescue”) who has an 18.9% shareholding in the Company. Ms. Nicolau replaces Fortescue’s current board representative, Mr. Agustin Pichot, who has stepped down from the board due to other commitments.
Ms. Nicolau is the General Manager of Metals, Latin America, for Fortescue. Ms. Nicolau is responsible for Fortescue’s South American minerals business including exploration, project development and other growth activities. She is also responsible for the identification of metals growth opportunities across the South America region.
Ms. Nicolau has been with Fortescue for over 10 years. During this time, Ms. Nicolau has held a range of management positions across Australia and South America including, Manager Corporate Development of Fortescue from September 2015 to 2018. Ms. Nicolau is based in Buenos Aires, Argentina.
The Company would also like to advise that the Desk Top Conceptual Study (“Study”) underway by Ausenco is nearing completion and expected to be completed within 10 days. “We are very excited to know all the opportunities Caariaco has both to be built as a smaller project for a lower initial capital expenditure (“CapEx”) and also other aspects which could benefit a larger project,” stated Joanne Freeze, President and CEO.
For more details about the Study, please see News Releases No. 127 and 129: https://www.candentecopper.com/news-releases/news-releases/2021/
Ausenco has a 30-year track record and is recognised as specialists in end-to-end solutions which are proven to lower capital and operating costs, reduce construction time and improve plant efficiencies. They perform consulting studies, project delivery, and asset operations to the international mining sector including high performance copper processing and infrastructure projects. Project experience ranges from small conceptual studies for new developments through to the construction of large scale minerals processing facilities.