Oman Minerals Development Company signed an MoU with Ma'aden to assess exploration and development opportunities in the mining sector.

The company’s 10-year bonds will pay investors a higher interest rate if it fails to cut emissions, or to sufficiently boost the percentage of women in its senior leadership positions by 2030.

Gary Nagle said it was in the best interests of both the company and the planet for Glencore to run down the mines over the next 30 years.

Company has 10 sales processes underway across its portfolio and 15 further assets under review.

The world's top miner has been listed in Australia and the UK since 2001, when it merged with Billiton Plc, but wants consolidate the two.

BHP's Escondida saw production fall 15.2% year-on-year.