LONDON Anglo American has promoted a section head it considers to have CEO potential, focusing its attention on internal talent as it begins searching for a successor to the man who steered the mining company through the 2015-16 commodities price slump.
LONDON/WARSAW A consortium of investors including the Poland's sovereign wealth fund PFR is close to buying the country's DCT Gdansk port terminal, owned by the infrastructure fund of Australia's Macquarie, three sources familiar with the matter said.
LONDON/NEW YORK Britain's BP has launched the sale of U.S. oil and gas onshore assets that could raise more than $3 billion to help pay for other fields in the United States it bought in October from BHP , industry and banking sources said.
LONDON Canadian copper producer Imperial Metals has hired Bank of Montreal (BMO) to speed up a restructuring process that could include the sale of the company for up to $1 billion, two sources familiar with the matter said.
LONDON/KATOWICE, Poland A two-year recovery in the mining industry has faltered, as trade tensions between China and the United States and concerns about economic growth weaken commodity prices and deter investment.
LONDON, Nov 20 NewAge is seeking to sell its
stake in the Marine XII oil block, a concession off the coast of
the Republic of Congo that the Africa-focused energy group
jointly owns with Italy's ENI, two financial sources
LONDON Rio Tinto is among parties making a final offer for a minority stake in Teck Resources Ltd's Quebrada Blanca copper mine expansion in northern Chile, a development worth $4.8 billion, two sources close to the matter said.
LONDON Barrick Gold Corp, which is being formed by Barrick's $6.1 billion takeover of Randgold Resources , is in talks with Newmont Mining to combine their Nevada gold mining operations, sources told Reuters.
LONDON, Nov 5 Barrick Gold Corp, which is being
formed by Barrick's $6.1 billion takeover of Randgold
Resources, is in talks with Newmont Mining to
combine their Nevada gold mining operations, sources told
PARIS Communications giant Publicis Groupe will continue to work for Saudi Arabia while "monitoring the situation", Chairman Maurice Levy said on Tuesday, despite Riyadh's acknowledgement that dissident Jamal Khashoggi was the victim of a premeditated murder at its Istanbul consulate.