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.
Anglo American (LON:AAL) has completed its acquisition of a 40% stake in the De Beers Group from the Oppenheimer family, which has had a major ownership stake in the diamond mining, distribution and marketing company for more than 80 years.
The $5.1 billion deal, announced in November, increased Anglo’s stake in the diamond mining giant from the 45% to 85%, marking the end of Oppenheimer era at De Beers. The government of Botswana owns the remaining 15% of the company.
De Beers and the Oppenheimer family are one of the most storied relationships in the world of diamonds, and perhaps in mining itself >> >>