Rio Tinto names Shell’s Katie Jackson as new copper chief
Jackson, who is the current president of National Grid Ventures, an energy group, joins Rio Tinto on September 1.
The relentless slide in silver prices has been termed a temporary aberration by silver producers in India, who insist that since silver has had its biggest run in the shortest period of time, there is bound to be profit taking by certain investors.
“Give it some time. The market will correct,” said an unfazed senior official at Hindustan Zinc. The company is targetting a 43% increase in production in the next financial year, 2012-13.
