Edition:
United Kingdom

Clara Denina

Anglo American begins quest to unearth next CEO

15 Jan 2019

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.

Macquarie nearing sale of Poland's Gdansk port terminal to SWF-led group: sources

20 Dec 2018

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.

BP launches $3 billion sale of U.S. onshore assets to fund BHP deal: sources

19 Dec 2018

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.

Canada's Imperial Metals hires BMO to speed up restructuring: sources

14 Dec 2018

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.

Miners bear brunt of risk aversion as investors take fright

06 Dec 2018

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.

Africa-focused energy producer NewAge to sell Congo field - sources

20 Nov 2018

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 said.

Rio Tinto joins race for Teck's copper project stake: sources

14 Nov 2018

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.

Barrick in talks with Newmont to combine Nevada gold operations: sources

05 Nov 2018

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.

Barrick in talks with Newmont to combine Nevada gold operations -sources

05 Nov 2018

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 Reuters.

France's Publicis keeping Saudi business for now: chairman

30 Oct 2018

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.

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