BHP Billiton to spinoff assets into Mining Company
BHP Billiton Ltd. announced its yearly profits climbed 23%, as it outlined plans to create a new company to accommodate assets including nickel mines and aluminum smelters that wou
China demand for iron ore makes Rio Tinto more optimistic about future
At last, mining giants such as Rio Tinto Plc and BHP Billiton Ltd are more than satisfied as they enjoy strong China’s demand for iron ore. The industry leaders note that iron or
BHP gets rid of Pinto Valley for $650m
BHP Billiton informed that it finally got rid of the Pinto Valley copper mine and a railroad in Arizona. The lucky buyer of these assets is Canada’s Capstone Mining Corp. which i
BHP Billiton on the hunt for CEO Kloppers successor
BHP Billiton Ltd., the largest mining company by market value, has started the search for a new chief executive officer who will replace its current CEO Kloppers.The search process
Queensland Coal Production to Increase Due to BHP Billiton
BHP Billiton, the biggest miner in the world, has shifted focus to the Queensland coal output, which it aims to increase by a rate of about 10 percent every year over the course of
BHP Billiton sells Yeelirrie uranium deposit to Cameco for $430m
Almost one week after an announcement regarding calling of the Olympic Dam Project, BHP Billiton has informed that it is selling one of Australian largest undeveloped uranium depos
BHP Billiton sets aside Olympic Dam project as profit drops
BHP Billiton, the top global miner, informed that its Olympic Dam cooper expansion project was delayed. BHP officials added that no major projects would be approved in a year to Ju
Japan’s Nuclear Crisis likened to Chernobyl. Asian Markets Fall.
Reports poured in about Japan’s nuclear crisis having now got bad enough to be equated with the Chernobyl disaster, causing a significant dip in stock markets across Asia – the
Bullish or Bearish? Merger talks strong between London and Toronto Exchanges
Should we expect the emergence of a Big-Daddy market for mining in the near future? Because that’s what would happen if the London Stock Exchange and the TMX Group, the parent co