Edition:
United Kingdom

Silvia Antonioli

Antofagasta cuts annual copper output forecast on Antucoya project delay

29 Jul 2015

LONDON Chilean miner Antofagasta cut is annual copper output forecast for the second time this year on Wednesday due to a delay in the start-up of its Antucoya project, as it posted a double-digit-percentage decline in half-year copper production.

Anglo American to shed thousands of jobs to counter metal price slump

24 Jul 2015

LONDON Global mining company Anglo American said on Friday it will shed thousands of jobs in the next couple of years and might put up more assets for sale as it battles an accelerating slump in metals prices that has dragged its shares down to a 13-year low.

Anglo American to shed thousands of jobs to counter metal price slump

24 Jul 2015

LONDON Global mining company Anglo American will shed about 6,000 jobs in the next couple of years as it battles a plunge in metals prices that has dragged its shares down to a 13-year low this week.

Johnson Matthey promises investor return in absence of acquisitions

22 Jul 2015

LONDON Johnson Matthey , the world's biggest auto catalysts maker, pledged on Wednesday to return cash from the sale of two businesses to shareholders in the absence of major acquisitions.

Exclusive: China's COFCO in talks to raise stake in grain trader Nidera

09 Jul 2015

LONDON China's food giant COFCO is ready to increase its stake in Dutch grain trader Nidera, speeding up a deal which will help its transformation into a global agricultural trader, sources familiar with the matter told Reuters.

Exclusive - China's COFCO in talks to raise stake in grain trader Nidera: sources

09 Jul 2015

LONDON China's food giant COFCO [CNCOF.UL] is ready to increase its stake in Dutch grain trader Nidera, speeding up a deal which will help its transformation into a global agricultural trader, sources familiar with the matter told Reuters.

Anglo plans major job cuts, sources say, as investors push for bolder overhaul

02 Jul 2015

LONDON Anglo American is planning to cut between 5 and 20 percent of staff at head offices around the world, sources close to the matter said, in an effort to keep shareholders on side and respond to a commodity price rout that has hit profits.

Anglo plans major job cuts, sources say, as investors push for bolder overhaul

02 Jul 2015

LONDON Anglo American is planning to cut between 5 and 20 percent of staff at head offices around the world, sources close to the matter said, in an effort to keep shareholders on side and respond to a commodity price rout that has hit profits.

Rio Tinto CEO urges governments to avoid protectionism

02 Jul 2015

LONDON The head of global mining firm Rio Tinto urged governments not to be tempted by protectionism as they try to preserve revenues at a time of weakening commodity prices.

Outbid in copper, Mick Davis turns to coal to try for X2's first deal

30 Jun 2015

LONDON, June 30 X2 Resources, the private equity fund set up by former Xstrata boss Mick Davis, is now in initial bi-lateral talks to buy some of Rio Tinto's Australian coal assets, a source close to the situation said on Tuesday.

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