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BHP Billiton, the world's biggest mining company, said Monday that full-year profit gained 15 percent to a record after boosting production to benefit from rising prices. Net income rose to $15.4 billion, or 275.3 cents per share, for the 12 months ended...
Tags: bhp, BHP Billiton, BHP Billition, Marius Kloppers, oil price, european share
The All Ordinaries index finished flat at 5,039, that is up just one point on last Friday...The flagging commodities prices have continued to hit the resources sector...BHP is due to report its full-year results on Monday and analysts are tipping a 12...
Miners came to the rescue yesterday after another rise in commodity prices, some upbeat broker research and hopes of more consolidation in the sector...Kazakhmys climbed 57p to £12.62, while Anglo American was 132p better at £29.23. Merrill Lynch issued...
Tags: bhp, BHP Billiton
Nine groups, including Rio Tinto Ltd, BHP Billiton Ltd and Fortescue Metals Group Ltd, are funding a study to examine the potential development of the power stations. WorleyParsons managing director of Australia and New Zealand Peter Meurs said one possible...
Tags: rio tinto, bhp, Rio Tinto Ltd, BHP Billiton Ltd, WorleyParsons' EcoNomics, managing director, power stations, Australia, Peter Meurs, thermal power
Russian group Metalloinvest to create a major force in international mining...Growing concerns about decreasing demand from the US as well as emerging markets such as China saw the price of copper fall to a six-month low yesterday. Prices of other metals...
Tags: bhp
BHP's Rio bid findings, but EC holds key THE Australian Competition and Consumer Commission has left hanging its findings from its informal review of BHP Billiton's planned $159 billion scrip-only takeover bid for Rio Tinto...But it has since indicated...
Tags: bhp, BHP Billiton
US energy coal business, in a move that could create pricing tension with a parallel trade sales process which it is also examining...Rio is attempting to achieve the highest prices possible for these assets to bolster its claim that BHP Billiton's hostile...
Tags: rio tinto, bhp, Rio Tinto Energy America, coal business
Rio Tinto's grip on its $US6 billion ($A6.46 billion) Simandou iron ore project in Guinea. Rio has portrayed the proposed development of the huge iron ore deposit as a Pilbara in the making. And because of its importance as a growth project, it is a key...
Tags: iron ore, Rio Tinto, bhp, Guinea, mining concession, ore project
BHP Billiton warned Rio Tinto today its shares would be lower without the support of BHP's bid. "Without the benefit of our offer, Rio Tinto shares would be trading very differently," chairman Don Argus said in a letter to Rio Tinto (ASX: RIO) shareholders.
Tags: bhp, Rio Tinto, BHP Billiton, Don Argus, iron ore, chairman don, takeover offer, tinto share, ore mining, Brazil
September share index futures stood 0.5% or 28 points higher at 5129, a 23.7 point premium to the 5105.3 close in the benchmark S&P/ASX 200 index on Wednesday. Analysts have cautioned that despite recent market gains, overall sentiment was still fragile...