Edition:
United Kingdom

Helen Reid

Field narrows for global miner Rio Tinto's top job

29 Nov 2020

MELBOURNE/JOHANNESBERG Rio Tinto will look to a handful of external candidates in a narrowing field for its new chief executive, as the miner tries to win back investors dismayed by the blasting of an ancient Australian rock shelter, bankers and investors say.

RPT-EXCLUSIVE-Exxon and Total in talks over Mozambique LNG resource-sharing deal - sources

26 Nov 2020

JOHANNESBURG/MILAN, Nov 25 ExxonMobil and Total are in negotiations over their massive LNG projects in Mozambique, with each seeking to extract more gas from a shared field that straddles the two developments and cut costs, three sources familiar with the matter told Reuters.

Exclusive: Exxon and Total in talks over Mozambique LNG resource-sharing deal - sources

25 Nov 2020

JOHANNESBURG/MILAN ExxonMobil and Total are in negotiations over their massive LNG projects in Mozambique, with each seeking to extract more gas from a shared field that straddles the two developments and cut costs, three sources familiar with the matter told Reuters.

Gold mining emissions draw scrutiny after price surge

23 Nov 2020

JOHANNESBURG/TORONTO Investors are putting pressure on gold miners, whose high greenhouse gas emissions have been less scrutinized, to report transparently and take concrete steps to curb them after a rally in prices this year drew closer attention to the sector's footprint.

Endeavour to become West Africa's biggest gold miner with $2 billion Teranga deal

16 Nov 2020

JOHANNESBURG West Africa-focused Endeavour Mining has agreed to buy Teranga Gold in an all-share deal to create a top 10 gold producer which will list in London, the companies said on Monday, a week after they announced they were in talks.

UPDATE 1-Endeavour Mining declares first dividend, eyes secondary listing

12 Nov 2020

* CEO will consider share buyback if underperformance continues (Adds analyst and management quotes)

New coral species discovered on seabed prized for mining potential

29 Oct 2020

JOHANNESBURG Three species of black coral have been discovered on the seabed of the northern Pacific Ocean, an area where several countries have contracts to explore for metals including cobalt and nickel as they race to find new supplies of the key battery elements.

UPDATE 2-Chrome ore producers criticise S. Africa's proposed export tax

22 Oct 2020

* Tax intended to boost struggling domestic ferrochrome industry

World News