Canadian miner Sherritt names industry veteran Leon Binedell as new CEO

Sherritt International

18/05/2021 14:38

May 18 (Reuters) - Canadian miner Sherritt International
Corp  S.TO  on Tuesday named industry veteran Leon Binedell as
its new chief executive officer, replacing David Pathe who had
announced in November his decision to step down from the role.
    The appointment of Binedell, who is set to take charge of
the nickel and cobalt mining company from June 1, comes at a
time when demand and prices for metals used in electric vehicles
have surged.
    Originally from South Africa, Binedell has worked in the
mining industry for 25 years and was most recently the Chief
Financial Officer at Canadian gold producer Guyana Goldfields
Inc.
    He has been credited with re-negotiating some operating and
supply contracts at Guyana Goldfields along with developing
finance and governance practices.
    Binedell has also worked at a mining-focused private equity
fund and advised a portfolio of 25 companies representing $2
billion in assets under management. 
    

 (Reporting by Rithika Krishna in Bengaluru; editing by
Uttaresh.V)
 ((Rithika.Krishna@thomsonreuters.com;))