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BHP chief says big mining will meet demand
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Marius Kloppers said the big mining houses had the capacity to meet the world’s rising demand for fuels and ores in the coming decades in a speech where he also sought to downplay fears expressed by industrialising nations over “resources security”.
BHP warns over sustainability of demand for raw materials
"BHP warns over sustainability of demand for raw materials
BHP Billiton, the miner that sells 19 different commodities from...materials had returned.In its quarterly production report, BHP noted that China, the driver of the rally in metals prices...offset this, such a sequence of events should not be expected, BHP said.It added: "In spite of the low metals inventories in...
Oct 22 2009, By William MacNamara in London and Peter Smith in Sydney, Financial Times"
BHP Billiton Boosts Olympic Dam Ore Reserves
MELBOURNE -(Dow Jones)- BHP Billiton Ltd. (BHP.AU) said Tuesday it has boosted the total ore reserves at its Olympic Dam copper and uranium mine in South Australia state, although ore grades have fallen slightly.
Hopes of new BHP approach puts Rio on positive footing
Rio Tinto gained ground -yesterday as brokers gave credence to hopes of a new proposal from BHP Billiton .
BHP to offshores uranium-infused copper processing
BHP Billiton will stick to its controversial plan to send uranium-infused copper concentrate to China for processing, if it moves ahead with expanding the showpiece Olympic Dam mine.
In its draft environmental impact statement for the Olympic Dam expansion, released in Adelaide yesterday, BHP outlined its most detailed plans yet for the project, which will tap into the world's largest known uranium body and fourth-largest copper deposit.
BHP warns of falling copper output
BHP Billiton has warned that copper production at its majority-owned Escondida mine in Chile will fall by 30 per cent in the year ending June due to declining ore grades and electrical faults at the processing mill.
BHP Billiton to shed 6,000 jobs: Associated Press
SYDNEY, Australia (AP) - Mining giant BHP Billiton announced plans Wednesday to slash 6,000 jobs, or about 6 percent of its global work force, as it rushes to cope with plummeting demand because of the global financial crisis.
Chinalco to play key role in any Rio development
The big question now is what happens to Rio Tinto. Chinalco, the Chinese miner that bought a seat at the dealmaking table in February with an audacious dawn raid of Rio shares, will play a key role.
Asia-Pacific - BHP walks away from $62bn Rio bid
BHP Billiton on Tuesday abandoned its year-long pursuit of Anglo-Australian mining rival Rio Tinto, saying the bid was no longer in the best interests of shareholders amid the “continued deterioration of near-term global economic conditions”.
FT.com / Home UK / UK - Brussels outlines objections to BHP takeover of Rio
The European Commission yesterday issued its statement of objections to BHP Billiton's proposed $79.5bn (£49.3bn) hostile takeover of mining rival Rio Tinto, with the main competition barriers thought to be in the iron ore market.
BHP takeover of Rio Tinto approved in South Africa
South Africa's competition authorities have recommended approval of BHP Billiton's takeover of mining rival Rio Tinto
BHP upbeat on China outlook
The world's largest mining company, BHP Billiton Ltd, said in a statement on Wednesday that it was confident the industrialization of China would continue to drive demand for its products.
BHP mulls over mine expansion-China Mining
"We have to make decisions now on how we see demand 20 years out," BHP uranium unit President Graeme Hunt, who's in charge of the Australian mine, said yesterday in Adelaide. "This is not a project we can move too quickly with."The cost of Olympic Dam, the world's biggest uranium deposit and fourth-largest copper lode, may rise threefold to as much as US$15 billion,
EU reopens probe of BHP-Billiton bid for Rio Tinto: Associated Press Business News - MSN Money
BRUSSELS, Belgium (AP) - European antitrust regulators said Monday they had restarted a probe into miner BHP Billiton's hostile bid for rival Rio Tinto Inc., setting a new deadline to rule on it by Jan. 15.
Morningstar - Dow Jones & Company, Inc.: BHP Billiton Boosts Copper, Uranium Resource At Olympic Dam
MELBOURNE -(Dow Jones)- BHP Billiton Ltd. (BHP) has boosted the size of the copper and uranium resource at its giant Olympic Dam mine in South Australia state, which is slated for a multibillion dollar expansion.
BHP Billiton > Statement Re High Court Decision
BHP Billiton is disappointed by today's High Court decision on the definition of ‘production process’
Новости Neftegaz.RU | Norilsk Nickel, BHP Billiton To Operate Jointly in Russia
Russia"s metals giant Norilsk Nickel and the world"s largest mining company BHP Billiton have formed a joint venture to explore for minerals in Russia.
View from the Top - Tom Albanese, chief executive of Rio Tinto
Tom Albanese took over last year as the head of one of the world's biggest mining groups. But after an aggressive start to his tenure with the $44bn acquisition of aluminium group Alcan, the 50-year-old chief executive found himself on the defensive after another mining heavyweight - Marius Kloppers of BHP Billiton - launched a $160bn hostile bid for Rio Tinto.
FT.com / Companies / Financial services - Miners look in vain for help out of a share price hole
It has suffered a savage de-rating in the past couple of months, going from stock market darling to pariah. The Datastream UK mining index has fallen 30 per cent since the start of July and over the past couple of weeks the selling has accelerated. Halfway through September and the mining sector has already witnessed its sharpest monthly decline since 1997, according to Cazenove
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