Edition:
United States

Zandi Shabalala

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Feb 12 2018

Acacia Mining scraps dividend after slumping to annual loss

LONDON Acacia Mining has scrapped its 2017 dividend after slumping to a $707 million (510.21 million pounds) yearly net loss on the back of a hefty charge on the value of its main assets in Tanzania, sending its shares down more than 14 percent.

Feb 08 2018

Petra Diamonds seeks debt deal to avoid loan default

CAPE TOWN African miner Petra Diamonds is likely to strike a deal with its lenders that could include a waiver or a reset of its debt covenants within the next month, its chief executive Johan Dippenaar said. | Video

Jan 30 2018

China demand and tight supplies set to sustain nickel price rally

LONDON A combination of surging China imports, tighter supplies and fund interest are expected to sustain prices of stainless steel ingredient nickel, which have reached their highest level in more than two years.

Jan 22 2018

Impairment drives Lonmin deeper into loss ahead of takeover

LONDON South African miner Lonmin announced a $1.1 billion impairment charge on Monday due to weaker platinum prices and a firmer rand, plunging it deeper into operating losses ahead of its planned takeover by rival Sibanye-Stillwater .

Jan 12 2018

Gold set for fifth week of gains, palladium hits record

NEW YORK/LONDON Gold hit a four-month high on Friday and was on track for a fifth straight weekly gain as the U.S. dollar fell against the euro on an agreement for a political coalition in Germany.

Dec 15 2017

Jobs the centre-piece of Sibanye-Lonmin merger scrutiny: Lonmin CEO

LONDON Plans to cut around 13,000 jobs are likely to be the biggest obstacle to miner Sibanye-Stillwater winning South African regulatory approval for its proposed takeover of troubled rival Lonmin , the CEO of Lonmin told Reuters.

Dec 14 2017

South Africa's Sibanye-Stillwater to be No. 2 platinum miner with Lonmin buy

LONDON/JOHANNESBURG South Africa's Sibanye-Stillwater agreed to buy troubled miner Lonmin for about 285 million pounds ($382 million) to create the world's No. 2 platinum producer in a bid to ride out depressed prices for the metal.

Dec 01 2017

Gold briefly jumps 1.2 percent as Flynn probe roils markets

NEW YORK/LONDON Gold jumped on Friday as the dollar and U.S. stocks fell on an ABC news report that former national security adviser Michael Flynn was prepared to tell investigators that Donald Trump directed him to make contact with Russians during last year's presidential election campaign.

Nov 29 2017

Zambia's state-controlled investment firm wants bigger stake in copper mines

LONDON, Nov 29 Following the sharp rise in copper prices this year Zambia's state-controlled firm ZCCM Investments Holdings wants to increase its stakes in the country's mines and also expects higher dividend payments, its chief executive said on Wednesday.

Nov 29 2017

Exclusive: Lonmin to cut social, discretionary spending to save cash

JOHANNESBURG/LONDON Troubled platinum producer Lonmin plans to cut spending on social and labor projects and freeze "non-critical" recruitment, part of an array of measures to save cash, according to an unpublished presentation reviewed by Reuters.

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary