NMDC's Australian arm Legacy Iron appoints Rakesh Gupta as CEO

HYDERABAD: State-run miner NMDC's Australian arm Legacy Iron has appointed Rakesh Gupta, a former executive of BHP Billiton Iron Ore, as Chief Executive Officer with effect from January 2015.

According to a recent filing with Australian Securities Exchange, the Australian miner said Gupta is an experienced mining engineer with a high level of engineering and project management skills acquired within both national and international settings and various commodities and sizes.

"Gupta will be paid remuneration of $250,000 per annum inclusive of Superannuation, with an initial three month probation period ... ," the filing said.