The Who’s Who of South32
South32 is a globally diversified metals and mining company operating in Australia and Southern Africa. Named after the parallel of latitude that connects Perth and South Africa, South 32 is a spinoff of BHP Billiton’s noncore assets – aluminium, coal, manganese, nickel, silver, lead and zinc -- and aims to create a business that lives by its values, is socially and environmentally responsible and provides a better future for host communities.
As the new kid in town, we break down everyone you need to know from South32.
Graham Kerr - Chief Executive Officer and Executive Director
Since joining the company in 1994, Graham Kerr has spent the majority of his mining career working for BHP Billiton. Kerr was appointed Chief Financial Officer in 2011 and has held various positions for BHP in Australia, Canada, South Africa, Angola and Mozambique.
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Prior to being appointed CFO, Kerr was President of Diamonds and Specialty Products, responsible for the EKATI Diamond Mine in Canada, the Richards Bay Minerals Joint Venture in South Africa, diamonds exploration in Angola, the Corridor Sands Project in Mozambique and the Development of BHP Billiton’s potash portfolio in Canada.
Brendan Harris – Chief Financial Officer
Brendan Harris commenced his mining career as an exploration geologist, involved in iron ore exploration in the Pilbara region of Western Australia. Harris joined BHP in 2010 as Vice President Investor Relations Australasia and was appointed Head of Investor Relations in 2011. Prior to BHP Billiton, Harris spent a decade in investment banking, holding various roles including Executive Director Metals and Mining Research, Macquarie Equities.
Ricus Grimbeek – President and Chief Operating Officer, Australia
Although Ricus Grimbeek joined BHP Billiton in 1992 as a Mining Engineer in training, he has enjoyed success in numerous positions within and outside the company. His roles include Executive Vice President Mining for Lonmin Platinum, Head of Group HSEC and President and Chief Operating Officer of the EKATI Diamond Mine in Canada.
Grimbeek holds a Mining Engineering degree from the University of Pretoria and Advanced Certificate in Mine Ventilation from the Chamber of Mines.
Mike Fraser – President and Chief Operating Officer, Africa
Similar to his colleagues, Mike Fraser has spent the majority of his career with BHP Billiton, joining the Billiton Group in 2000 as Head of Compensation and Benefits before being appointed President, Human Resources and a member of the Group Management Committee in 2013. Fraser has held various roles in BHP Billiton’s Coal, Manganese and Aluminium businesses in a number of regions around the world.
Fraser holds a Master of Business Leadership and a Bachelor of Commerce from the University of South Africa.
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Nicole Duncan – Chief Legal Officer and Company Secretary
Nicole Duncan joined BHP in 2000 and was appointed Vice President, Company Secretariat in 2013. Her previous roles include various legal and commercial roles within BHP Billiton such as Vice President, Supply, Group Information Management and Senior Manager, Group Legal. Prior to joining BHP Billiton, Duncan was a lawyer at Ashurst in Melbourne.
Duncan holds a degree in Law and an Honors degree in History from the Australian National University.
Dale Calhoun – Chief People Officer
Dale Calhoun was appointed Chief People Officer of South32 in March 2015 and is responsible for Human Resources, Corporate Affairs and Community Relations and Sustainability. Prior to South 32, Calhoun spent the majority of her career in human resources, working in a number of industries and organization, including Fortescue Metals Group, lluka Resources, Southcorp, Boral and George Weston Foods.
Calhoun has a Bachelor of Commerce from the University of Melbourne and holds a Graduate Diploma in Industrial Relations from the Royal Melbourne Institute of Technology.
Paul Harvey – Chief Transformation Officer
Since joining BHP Billiton in 1992, Paul Harvey has spent the majority of his career in broad operational activities across the Group. As Chief Transformation Officer, Paul Harvey is responsible for supporting the Executive Committee for South32.
Copper production from top ten companies to increase by 3.8%
Copper production from the world’s top companies is set to increase by up to 3.8% this year, following a fall of 0.2% in 2020, GlobalData analysis reveals. Last year’s marginal slump saw production drop to 11.76 million tonnes (Mt).
The initial impact of the COVID-19 pandemic on mining operations was immense, however, six of the ten largest copper producers succeeded in increasing output last year. In 2021, copper production from the top ten copper companies is expected to bounce back, rising by up to 3.8%, to reach 12.2Mt, according to GlobalData, a leading data and analytics company.
The highest increase in copper production was by Canada’s First Quantum, which, despite all the challenges, reported 10.4% growth in 2020. The company’s Sentinel mine in Zambia and Cobre Panama were key contributors to this growth. While the latter remained under care and maintenance between April and August 2020, it delivered record production levels during the subsequent months.
Codelco, the world’s largest producer of the red metal used in electric vehicles, also bucked the trend.
Vinneth Bajaj, Associate Project Manager at GlobalData, commented: “Despite Codelco reporting over 3,400 active cases during July 2020, the company achieved 1.2% growth in its production in 2020. The company implemented a four-phase plan, as part of the COVID-19 measures, to ensure the health and safety of its employees, while also avoiding any significant impact to its copper output.”
Although the overall impact was minimal, declines in production were observed from Glencore (8.2%), Antofagasta (4.7%), BHP (3.9%) and Freeport McMoRan (1.3%). Reduced operational workforces due to COVID-19 measures, lower ore grades and production halts due to maintenance were the key disruptors to output during 2020.
The move towards electric vehicles and clean energy from renewables sources such as solar panels and wind turbines has driven the copper price to all-time highs. Copper has been among the best performers over the last month where metals ranging from aluminum to iron ore have surged to their highest prices in years. The rally is being fueled by stimulus measures, near-zero interest rates and signs that economies are recovering from the global pandemic.