Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

South32 and Trilogy Metals have appointed Ramzi Fawaz as president and chief executive officer of their joint venture, Ambler Metals.


The two companies said in a joint media statement on Tuesday that in this role, Fawaz will lead Ambler Metals’ Upper Kobuk Mineral Projects (UKMP). Fawaz’s extensive experience, according to Graham Kerr, chief executive officer, South32, will be valuable for the Arctic study phase and to unlock “the value of the Ambler District’s high-quality base and precious metals resources.”


Fawaz joins Ambler from Newmont where he served as senior vice president, projects, from 2011 to 2019, with the responsibility to develop and execute the firm’s copper and gold projects globally. Prior to joining Newmont, he led all project developments at Atomic Energy Canada Ltd as senior vice president, operations.


Ambler’s UKMP project is in the Ambler Mining District in Alaska. The project is expected to yield high-grade copper, zinc, lead, gold, and silver deposits as well as cobalt mineralization. The company is focusing its exploration on two deposits in this region, both of which are located within an area spanning around 427,000 acres.

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