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BHP, a subsidiary of the Belhasa Group, has been re-resourcing its operating divisions and methods of production moving to a more coordinated and centrally-directed sales structure, introducing new monitoring technology and creating updated marketing
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Greens leader Christine Milne says the prime minister should be looking to raise more money from the mining industry to support major reforms in education and disability care. Prime Minister Julia Gillard will tell a Canberra conference on Monday
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She stated that a 3-speed global economy is not enough, we need a full-speed global economy and this requires action on all policy fronts.' This is interesting considering what we have seen this week across the global. There is no doubt that Asia,
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The 117-member Bloomberg World Mining Index has dropped 8.2 per cent this year, with BHP down 3.9 per cent, and is set for its first decline in four quarters. In contrast, the S&P/ASX200 is up nearly 10 per cent this year. Billionaire's caution
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Faced with falling prices cutting profits, BHP unveiled $1.9 billion in cost savings when it released its half-year results on Feb 20, as net income fell 58 percent after commodity prices declined. Mackenzie, the head of BHP's copper unit, who
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Good Morning Friday night saw another very benign trading day in the US with the S&P 500 again subdued, moving through the 10 point range to close the week at 1520 (one point off for the session but remaining at five-year highs). What is interesting
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With multibillion dollar write-downs being announced in the mining sector, investors might be comforted by the presence of a finance director on the board. Glencore also plans to have no finance director after its merger with Xstrata . Personally,
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The caretakers were expected to take care and the governors were supposed to govern. However, in Reko Diq's case, governance failed and the care was never provided. In a recent judgement, the Supreme Court of Pakistan has declared illegal the July
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Good Morning The S&P 500 rose 0.32% to 1490 points overnight with the magical 1500 points now well and truly in focus as insurance and commodity shares lead the way. Travelers Cos is heading the gains, and is up 2.5% after its earnings topped the
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Mr Kilalea forecasts a more decisive eight per cent rise in petroleum products to 62.63 million barrels of oil equivalent (mmmboe) from 57.98 mmboe a year ago, driven by both its Gulf of Mexico and new US shale assets. Iron ore prices were volatile
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