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.
Australian diversified miner South32 said while it has plenty of regional expertise, the sales process for Botswana’s Khoemacau copper mine was quite competitive.
“It’s a competitive process, a bit rich for our blood to be honest,” CEO Graham Kerr told an earnings call on Thursday.
The miner had picked investment bank RBC Capital to help it put together a bid for Botswana’s Khoemacau copper mine, a source told Reuters in June.
(By Melanie Burton; Editing by Tom Hogue)
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