BHP said Wednesday iron ore production rose to record levels Oct 21, 2009
SYDNEY: BHP Billiton Ltd., the world's biggest mining company, said Wednesday that first-quarter iron ore production rose to record levels in the wake of more positive economic news across much of the world. BHP's iron ore production rose to 33. (The Star Online, Malaysia -- Business)
Asian stocks retreat on lower commodity prices Oct 21, 2009
BHP Billiton Ltd. sank 1. 1 per cent as a gauge of metals in London fell from a two-month high. (Sydney Morning Herald -- Business)
Solid production result tipped for BHP Oct 20, 2009
October 20, 2009 - 3:39PM. Analysts expect solid production data from mining giant BHP Billiton Ltd when it reports its first quarter results on Wednesday. (Sydney Morning Herald -- Business)
Fortescue eyes sales with Japan, Korea Oct 19, 2009
October 19, 2009 - 5:39PM. Fortescue Metals Group Ltd says it expects to seal iron ore sales deals with Japanese and Korean steel mills in about the next 12 months. (Sydney Morning Herald -- Business)
Xstrata May Reprise Anglo American Bid as Davis Vows to Wait in the Wings Oct 17, 2009
The deal would create a mining group that would rival BHP Billiton Ltd., the worlds largest. Its a matter of just watching what happens in six months and one day, depending on how the two companies perform comparatively over that time, said , an analyst at Evolution Securities Ltd. in London. (Bloomberg -- Canada)
Petrobras Surges to World's Fifth-Largest Company, Surpassing China Mobile Oct 17, 2009
The market value of Petrobras has climbed above Berkshire Hathaway Inc., , International Business Machines Corp., Johnson & Johnson, BP Plc, , Royal Dutch Shell Plc, JPMorgan Chase & Co., BHP Billiton Ltd., and HSBC Holdings Plc this year, along with China Mobile and China Construction Bank. Bovespa Rally. (Bloomberg -- Latin America)
BHP vies with China company for Australian miner Oct 16, 2009
SYDNEY: BHP Billiton Ltd., the world's biggest mining company, Friday launched a 204 million Australian dollars ($188 million) bid for United Minerals Corporation - a takeover that would force the smaller miner to scrap a Chinese deal. Melbourne-based BHP's offer is conditional on United Minerals canceling its plans to sell an 11. (The Star Online, Malaysia)
Fortescue in Talks to Sell Ore to Japanese, Korea Steel Mills, Rowley Says Oct 16, 2009
Oct. 16 (Bloomberg) -- , Australias third-biggest iron ore exporter, is in talks to sell to Japanese and Korean mills for the first time as it seeks to take market share from Rio Tinto Group and BHP Billiton Ltd.. Weve been in active discussions with them, Executive Director said today in an interview. (Bloomberg -- Australia & New Zealand)
Fortescue May Still Get China Funds for Expansion, Shareholder Valin Says Oct 15, 2009
China, the worlds biggest buyer of the ore, has invested in more than $56 billion of projects globally to reduce its dependence on Vale SA, Rio Tinto Group and BHP Billiton Ltd., the three biggest exporters of the steelmaking ingredient. Think of the benefit to China when Fortescue is able to produce 100 million tons, Li said in an Oct. 13 interview in Beijing. (Bloomberg -- Australia & New Zealand)
Mining giants announce Pilbara changes Oct 15, 2009
October 15, 2009 - 5:34PM. BHP Billiton Ltd and Rio Tinto Ltd have changed a planned $US116 billion ($A126. (Sydney Morning Herald -- Business)
Rio, BHP Say Proposed Iron Ore Venture's Output to Be Marketed Separately Oct 15, 2009
Oct. 15 (Bloomberg) -- and BHP Billiton Ltd. will separately sell iron ore from a proposed venture, scrapping a plan to jointly market as much as 15 percent, amid pressure from global steelmakers. This change will clarify the nature of the joint venture for customers and emphasize its focus on realizing significant production and development synergies, Rio and BHP said today in a statement. (Bloomberg -- Australia & New Zealand)
Fortescue Will Self-Fund Expansion After China Financing Talks Deadlocked Oct 12, 2009
The China Iron & Steel Association agreed in August to assist Fortescue in the talks with Chinese financers when Fortescue agreed to a deeper iron ore price cut than that offered by the two largest Australian producers, Rio Tinto Group and BHP Billiton Ltd.. The two organizations agreed in the end not to make a meeting of minds, Forrest said today. (Bloomberg -- Australia & New Zealand)
Aurion Amends Terms to Offering, Appoints Director and Officer and Grants Options Oct 10, 2009
He has worked in North and South America, Europe and Asia as an employee and consultant to Anaconda Mining Inc., BHP Billiton Ltd., Gold Fields Ltd. and Newmont Mining Corp. among others. With Anaconda, he was involved in the initial resource definition at the Stillwater Pd-Pt mine in Montana, and the discovery of mineralization at the La Choya gold mine in Sonora, Mexico. (CCNMatthews Press Releases)
Stocks Gain as Research In Motion Advances; Energy Producers Fall With Oil Oct 8, 2009
Rival BHP Billiton Ltd. halted output at a copper, uranium and gold mine in Australia where a mechanical failure damaged the main haulage system. which explores for the metal in Mexico, fell the most among S&P/TSX companies, losing 4. (Bloomberg -- Canada)
Asian stocks post first gain in four days Oct 6, 2009
BHP Billiton Ltd. the world's biggest mining company and Australia's largest oil producer, rose 0. 7 per cent to $36. (Sydney Morning Herald -- Business)
Flinders Mines in talks with Rio Oct 5, 2009
October 5, 2009 - 5:22PM. Iron ore explorer Flinders Mines is in early stage talks with Rio Tinto about potential mine gates sales from its Pilbara project in a remote and rugged part of Western Australia. (Sydney Morning Herald -- Business)
Telstra Split Proposed by Government May Hurt Investors, Shareholder Says Oct 5, 2009
Australian Foundation is among the top three shareholders at BHP Billiton Ltd., Westpac Banking Corp., Rio Tinto Ltd. and Woolworths Ltd.. Telstra rose 0. (Bloomberg -- Australia & New Zealand)
Xstrata May Withdraw $38.7 Billion Anglo Merger to Bide Time After Ruling Oct 3, 2009
Xstrata proposed in June a merger of equals to create a mining group that could compete with BHP Billiton Ltd., the worlds largest. The nil-premium bid isnt likely to succeed and Anglos South African investors are asking for a premium that Xstrata cant afford, said , a London-based analyst at RBC Capital Markets. (Bloomberg -- UK)
BHP Spence Workers in Chile Reject Company's Pay Offer, Approve Strike Oct 2, 2009
Oct. 1 (Bloomberg) -- BHP Billiton Ltd. workers at the Spence copper mine in Chile voted in favor of a strike, rejecting a pay offer by the company, a union official said. Workers in the Spence mine union voted 525 to 1 late yesterday against BHPs offer, , president of Chiles Mining Federation, which represents 8,500 miners, said today in a telephone interview. (Bloomberg -- Latin America)
Asian stocks drop on economic worries Oct 2, 2009
BHP Billiton Ltd., the world's biggest mining company, sank 2. 5 per cent in Sydney after metal prices dropped. (Sydney Morning Herald -- Business)
Australia Should Be Prepared to Block Overseas Takeover Offers, Joyce Says Oct 1, 2009
Rio, which has a third of its assets in Australia, later dropped the deal with Aluminum Corp. in favor of a share sale and a joint venture with BHP Billiton Ltd.. Minerals in the ground are the source of Australian wealth, Joyce said, adding its more serious when another nation gets ownership of that sort of fundamental strategic long-term asset in our nation. (Bloomberg -- Australia & New Zealand)
North West Shelf LNG Venture Initiates Tax Lawsuit in Effort to Win Refund Sep 24, 2009
The venture, operated by , has commenced litigation in the Federal Court of Australia claiming a condensate tax has been incorrectly applied, project partner BHP Billiton Ltd. said in its annual report yesterday. The Melbourne-based company is seeking a refund of $72 million, according to the report. (Bloomberg -- Australia & New Zealand)
FTSE 100 Benchmark Declines, Led by Rio Tinto, BHP Billiton, BG Group Sep 21, 2009
Sept. 21 (Bloomberg) -- U.K. stocks fell for the first time in seven days, led by mining companies Rio Tinto Group and BHP Billiton Ltd. BG Group Plc also dropped. The FTSE 100 Index declined 14. (Bloomberg -- UK)
Asian Stocks Rise for Second Week on Growth Outlook, Rally in Commodities Sep 19, 2009
3 percent, leading gains by the regions steelmakers, after BHP Billiton Ltd. predicted steel production will double in the next 15 years. Japans third-largest consumer lender by revenue, plunged 44 percent, dragging rivals lower as well, as the company negotiated to suspend payments on its debt. (Bloomberg -- Asia)
Stocks, Metals Fall as Copper Inventories Rise for 16th Day; Pound Slides Sep 19, 2009
BHP Billiton Ltd. the worlds biggest mining company, slipped 0. 3 percent in London. (Bloomberg -- Canada)
BHP agrees to plan for Newcastle Port Sep 18, 2009
September 18, 2009 - 2:04PM. Mining giant BHP Billiton Ltd and the New South Wales government have set aside their differences to reach a long-term agreement to access Newcastle Port. (Sydney Morning Herald -- Business)
Japan Stocks Rise on Higher Commodity Prices; Steelmakers Gain on Outlook Sep 17, 2009
which jointly produces coking coal with Melbourne-based BHP Billiton Ltd., gained 2. 8 percent after BHP said growth in emerging markets will keep the world short of resources. (Bloomberg -- Japan)
FTSE 100 Benchmark Extends Six-Month Rally; British Airways Shares Soar Sep 17, 2009
BHP Billiton Ltd. led raw-material producers higher as commodities prices climbed on the London Metal Exchange. The benchmark climbed 41. (Bloomberg -- UK)
China will remain key opportunity: BHP Sep 16, 2009
September 16, 2009 - 6:03PM. BHP Billiton Ltd has outlined its vision for the future, which includes China, stronger demand for iron ore, copper and coal, and the abandonment of benchmark pricing. (Sydney Morning Herald -- Business)
Billionaire Palmer Plans to List Resourcehouse Mining Company in Hong Kong Sep 11, 2009
Its unlikely to include the iron ore operations Palmer controls in Western Australia or the Yabulu nickel refinery he bought from BHP Billiton Ltd. in July. Talks between Australasian and Chinese partner Shougang Corp. for financing of Palmers proposed A$2. (Bloomberg -- Australia & New Zealand)
Iron Ore Imports by Chinese Steelmakers Drop to a Six-Month Low in August Sep 11, 2009
in China have fallen 18 percent in the past five weeks after an earlier gain spurred record production by mills including Baosteel Group Corp. Declining prices and iron ore imports may help the China Iron & Steel Association argue its case for lower ore prices from Vale SA, and BHP Billiton Ltd.. Steelmakers have been using their ore inventories instead of importing after steel prices fell, said , a Shanghai- based analyst with industry publication Umetal. (Bloomberg -- Australia & New Zealand)
FTSE 100 Benchmark Advances; Metal Producers, Kingfisher Shares Climb Sep 8, 2009
BHP Billiton Ltd. and Randgold Resources Ltd. both rose more than 1 percent, sending a higher for a fourth day. Shares of Kingfisher Plc climbed 3. (Bloomberg -- UK)
Iron Ore Exports From Australia's Port Hedland Gain 14% as China Buys More Sep 8, 2009
BHP Billiton Ltd. and Fortescue Metals Group Ltd., Australias second- and third-largest exporters, both ship from the port. Rio Tinto Group, the worlds second-largest exporter, said today it had shipped its three billionth ton of iron ore from Australia since it began output in 1966, without specifying when it reached the milestone. (Bloomberg -- Australia & New Zealand)
Mining takeovers set to hot up Sep 7, 2009
2 billion in cash at the end of the first quarter, while BHP Billiton Ltd., the world's largest mining company, had $US10. 8 billion. (Sydney Morning Herald -- Business)
Asian Stocks Rise as G-20 Agreement Fuels Recovery Speculation; HSBC Gains Sep 7, 2009
BHP Billiton Ltd. and , the worlds biggest and third-biggest mining companies, are considering a A$1 billion ($853 million) merger of their Canadian diamond operations, the Australian reported, without saying where it got the information. gained 2. (Bloomberg -- Asia)
Rio Tinto Says China Iron Ore Talks Are Suspended Sep 5, 2009
Walsh said the company's proposed production joint venture with BHP Billiton Ltd. (BHP) in Western Australia won't reduce competition in the global iron ore market. "We have heard concerns that this joint venture will have a negative impact on competition," Walsh said in a speech to a Committee for Economic Development of Australia function. (SmartMoney)
Rio Tinto Selling Iron Ore to China at Interim Price as Talks in Stalemate Sep 4, 2009
The China Iron and Steel Association wants Rio, BHP Billiton Ltd. and Vale SA to agree to a 35 percent price cut on annual contracts. Fortescue Metals Group Ltd., Australias third-biggest iron ore producer, forged an agreement with the association last month to cut prices by 35 percent. (Bloomberg -- Australia & New Zealand)
Vale Restarts Idled Iron Ore Mines on Demand From Mills in Europe, Japan Sep 4, 2009
Rio Tinto Group and BHP Billiton Ltd., the worlds second and third-largest iron ore suppliers, export out of Australia. China overtook Japan as the worlds largest buyer of iron ore in 2003. (Bloomberg -- Latin America)
BHP tries to cut deal on Newcastle port Sep 3, 2009
September 3, 2009 - 7:04PM. Mining giant BHP Billiton Ltd is attempting to cut a deal with the New South Wales government to end a deadlock over easing congestion at the Port of Newcastle. (Sydney Morning Herald -- Business)
Mosaic Options Trading Jumps on Speculation U.S. Potash Producer Is Target Sep 2, 2009
The newspaper also reported, without saying how it obtained the information, that BHP Billiton Ltd. was interested in purchasing Mosaic. Mosaic is important, MacLennan said Aug. 18. (Bloomberg -- Canada)
FTSE 100 Index Declines for Second Day; Aviva, Vedanta Resources Drop Sep 2, 2009
BHP Billiton Ltd., Friends Provident Group, Legal and General Group Plc, Serco Group Plc and TUI Travel Plc all trade without the right to their latest dividend today. To contact the reporter on this story: in London at. (Bloomberg -- UK)
Asian stocks advance on economy hopes Sep 1, 2009
BHP Billiton Ltd., the world's largest mining company, added 1 per cent to $37. 15. (Sydney Morning Herald -- Business)
Stocks Fall on Concern China to Curb Investments, Valuations Are Too High Aug 27, 2009
Mitsubishi and BHP Billiton Ltd. have a joint venture called BHP Billiton Mitsubishi Alliance. Mitsui O.S.K. Lines lost 1. (Bloomberg -- Japan)
Melbourne Commuters Advised to Leave Before Storm, High Winds Reach City Aug 25, 2009
BHP Billiton Ltd., the worlds biggest mining company, has advised staff at its head office in Melbourne they can leave, in line with the official warnings, spokeswoman said by telephone today. BHP has some 400 staff at the office, she said. (Bloomberg -- Australia & New Zealand)
Full Story » Aug 24, 2009
World stocks jump on Bernanke comments, home sales - Yahoo. Search Type Choose a search type from the items below. (Yahoo News -- Technology)
Newcastle Thermal Coal Prices Fall 3% to $72 a Ton in Fourth Weekly Slide Aug 22, 2009
the worlds largest supplier of power-station coal, BHP Billiton Ltd. and are among mining companies that ship coal through Newcastle. To contact the reporter on this story: in New Delhi at. (Bloomberg -- Australia & New Zealand)
Macmahon's Annual Profit Drops 65% as Mining Companies Slow Production Aug 19, 2009
BHP Billiton Ltd. and Rio Tinto Group, among Macmahons customers, have canceled mining contracts and cut others because of the slump in demand for metals. Macmahon, which shifted focus to construction to offset a slowdown in mining, said it sees some positive signs. (Bloomberg -- Australia & New Zealand)
China Probe of Rio's Detained Employees May Last Two Months, Lawyer Says Aug 19, 2009
5 billion investment by state-owned Aluminum Corp. of China in favor of a share sale and an iron ore joint venture with rival BHP Billiton Ltd.. Initial investigations showed that the Rio Tinto workers obtained commercial secrets about the steel industry through improper means as well as evidence of bribery, the publication of the prosecutors office had said. (Bloomberg -- Australia & New Zealand)
* BHP calls for transparency in iron ore pricing Aug 18, 2009
Taipei Times - archives. Enter your search terms. (Taipei Times, Taiwan -- World Business)
UBS Hires Merrill Analysts Ker, Price to Boost Global Commodities Team Aug 17, 2009
Ker, a Sydney-based analyst who covered BHP Billiton Ltd., Rio Tinto Group and Alumina Ltd. for Merrill, joins UBSs mining research team in London focusing on diversified mining stocks, UBS spokeswoman said from Sydney today. Ker will cover BHP and Rio Tinto with , Anglo American Plc with , as well as Xstrata Plc, Gurney said. (Bloomberg -- Australia & New Zealand)
China announces iron ore deal with Australia Aug 17, 2009
The Chinese industry group is deadlocked in price talks with the three major global iron ore suppliers - Anglo-Australian miners Rio Tinto Ltd. and BHP Billiton Ltd. and Brazil's Vale SA.. Beijing is pressing for deep reductions following two years of price hikes totalling more than 100 percent. (The Star Online, Malaysia -- Business)
Baoshan Iron, China's Steel Mills to Rebound From `Most Difficult' Period Aug 17, 2009
China won a 35 percent cut in iron ore prices from Fortescue Metal Group Ltd., and will ask the biggest producers Vale SA, BHP Billiton Ltd. and for a similar reduction, the China Iron and Steel Association said today. Profit Jumps. (Bloomberg -- Asia)
Rio Tinto H1 earnings expected to halve Aug 16, 2009
August 16, 2009 - 1:49PM. Rio Tinto Ltd's first half earnings are expected to plunge 51 per cent due to a slump in commodity prices, when the mining giant reveals its results this week. (Sydney Morning Herald -- Business)
Oil, Copper Lead Gains by Commodities as German, French Economies Expand Aug 14, 2009
The Europeans and the Japanese in particular have restarted stainless-steel melting, BHP Billiton Ltd. Chief Executive Officer told reporters yesterday. Theres been very good buying activity in nickel. (Bloomberg -- Canada)
Stocks Rise on Metal Prices, Outlook for China Demand; Mitsubishi Advances Aug 14, 2009
Mitsubishi, whose joint venture with BHP Billiton Ltd. is the worlds biggest exporter of coking coal, added 3. 3 percent to 1,994 yen. (Bloomberg -- Japan)
Minister: China wants more say over iron prices Aug 13, 2009
"China's steel industry is the world's largest but has failed to translate that into clout in negotiating iron ore prices. Beijing put a state-sanctioned group in charge of negotiating this year's supply contracts but talks are deadlocked six weeks after the last agreements expired June 30."I believe China should have some say in the international trade of iron ore, and I believe our influence is not enough," Li said at a news conference.Li gave no update on the price talks or the case against... (Fresno Bee -- Business)
BHP Billiton Workers Threaten Strike at Chile's Escondida As Prices Gain Aug 13, 2009
Aug. 12 (Bloomberg) -- BHP Billiton Ltd. workers are threatening to strike at the worlds largest copper mine if the company doesnt meet demands for a share of record profits. We dont see any alternative to a strike at Chiles Escondida, said Pedro Marin, president of Chiles which represents 7,500 miners. (Bloomberg -- Latin America)
FTSE 100 Rises for Second Day; Rio Tinto, BHP Billiton, Prudential Climb Aug 13, 2009
Rio Tinto Group and BHP Billiton Ltd. gained as copper rallied on the London Metal Exchange. The benchmark gained 20. (Bloomberg -- UK)
China Secrecy Officials Step Back From Rio Essay Aug 11, 2009
55 compared with rival BHP Billiton Ltd. (BHP.AU), which slipped 0. 6% to A$37. (SmartMoney)
Central, firm to explore NT permit Aug 11, 2009
August 11, 2009 - 4:34PM. Junior energy explorer Central Petroleum Ltd and a private firm headed by a former BHP Billiton Ltd executive have pledged to assess the coal seam gas (CSG) and oil potential of a Northern Territory exploration permit. (Sydney Morning Herald -- Business)
China's iron-ore imports smash records Aug 11, 2009
The steel revival has hampered China's ability to bargain down iron ore prices paid to Rio Tinto, Vale and BHP Billiton Ltd., and indicates imports of the raw material will keep rising. Crude steel production in China, the world's biggest maker, surged 13 per cent last month to 50. (Sydney Morning Herald -- Business)
Merrill Lynch, Reversing Call, Says Iron Ore Contract Prices May Gain 10% Aug 7, 2009
BHP Billiton Ltd. and are the nations three biggest exporters respectively. To contact the reporter on this story: in Melbourne at. (Bloomberg -- Australia & New Zealand)
Ex-Ford CEO Nasser Named Chairman of BHP Billiton Aug 5, 2009
Former Ford Motor Co. CEO Jac Nasser has been named chairman of Australian mining giant BHP Billiton Ltd., replacing Don Argus who is retiring after nearly 11 years ... Last month, BHP Billiton Ltd. agreed to sell 23 percent of its contracted iron ore at a one-third discount to last year's prices. (ABC News -- Wire)
Ex-Ospraie Traders Start Falckon Energy Hedge Fund as Investors Return Aug 5, 2009
Roskott previously was an energy trader for BHP Billiton Ltd., the worlds largest diversified miner. Directional View. (Bloomberg -- Europe)
* World Business Quick Take Aug 5, 2009
BHP Billiton Ltd., the worlds largest mining company, named Jacques Nasser, a former chief executive officer of Ford Motor Co, to succeed Don Argus as chairman. Nasser, 61, will take over from Argus early next year, the Melbourne-based company said yesterday in a statement to the Australian Stock Exchange. (Taipei Times, Taiwan -- Sports)
