News tagged with “bhp”. Found:
150 tagged news reports.
Your Search Returned 150 tagged news reports
Jobs to go at Rio Tinto
Rio :: FL :: USA | 12 months ago
Credibility
Rio Tinto to axe jobs amid big spending cutbacks Tony Grant-Taylor December 02, 2008 11:00pm RIO Tinto yesterday continued to slash its proposed expansion spend in the light of its huge debt and sagging world economic growth. Rio had outlined a multibillion-dollar...
Rumours rife as Fortescue shares spike
Shanghai :: China | 12 months ago
Credibility The iron ore miner responded to a query from the Australian stock exchange, saying it was not aware of any information that could explain the share price movement. Speculation is rife that mining giant BHP Billiton may be planning a takeover bid for the...
Tags: rio tinto, bhp, BHP Billiton Ltd, Rio Tinto Ltd, iron ore, Pilbara, Fortescue Metals Group, takeover bid, rival rio
Bid for Rio killed by distrust
Rio Tinto :: Portugal | about 1 year ago
Credibility Davis was chief executive of the three-year-old Rio Tinto, while McNeilly was chief operating officer of the crisis-besmirched BHP. Their deal was called Project Fulham and it would result in a merger of BHP's Pilbara iron ore operations with Rio Tinto's...
Tags: bhp, BHP Billiton Ltd., Rio Tinto, iron ore
BHP says better placed than other miners
Melbourne :: Australia | about 1 year ago
Credibility However the company says while Chinese steel making is expected to drop 17 per cent year-on-year amid the financial crisis emerging economies, particularly China, will drive natural resources demand growth. Chairman Don Argus said BHP Billiton remained...
Tags: bhp, BHP Billiton, Don Argus, chairman don
BHP defends Rio backflip
Melbourne :: Australia | about 1 year ago
Credibility Don Argus has told shareholders at the annual general meeting in Melbourne that the $100 billion takeover bid was not in their best interests. Mr Argus says a merged company would have had a net debt of nearly $120 billion during a global credit crisis...
Tags: bhp, BHP Billiton, Rio Tinto, Marius Kloppers, Don Argus, commodity market, chief executive, Rio Tinto
The sun sets on BHP's bid
by Biodun Iginla, financial analyst for BBC News and for the Economist. Research by Moira Tamayo in Puerto Rico. Nov 25th 2008From Economist.com An audacious attempt by BHP Billiton to get control of Rio Tinto has fallen apart BHP Billiton...
Tags: BHP, Rio Tinto, biodun iginal, moira tamayo
Asian steelmakers rise after BHP pulls Rio bid
Hong Kong :: China | about 1 year ago
Credibility news , chart , profile ) and Chinese steel mills for next year's prices will be difficult, matching the acrimonious tone last year...The broker said iron-ore miners will likely try to stall contract talks in the hope of some recovery in global steel demand...
Tags: rio tinto, bhp, BHP Billiton Ltd., Wall Street, Rio Tinto Group
BHP Billiton drops Rio Tinto takeover bid
Sydney :: Australia | about 1 year ago
Credibility The world's biggest miner, BHP Billiton, announced on Tuesday it was dropping its controversial hostile takeover bid for rival Rio Tinto due to the state of the global economy. The massive offer, which would have created a global mining behemoth, had...
Tags: bhp, BHP Billiton Ltd., Rio Tinto, takeover bidding, hostile takeover, balance sheet
BHP Billiton abandons bid for Rio Tinto
Sydney :: Australia | about 1 year ago
Credibility Australia — Mining giant BHP Billiton has abandoned a takeover bid for rival Rio Tinto, saying its offer is "no longer in shareholders' interests" because of the global economic downtown. BHP Billiton, the world's largest mining company, has been pursuing...
Tags: rio tinto, bhp, BHP Billiton Ltd., Rio Tinto Ltd., European Commission, iron ore, best interests, tinto bid, takeover bid, global economic
BHP cuts iron ore production
Sydney :: Australia | about 1 year ago
Credibility The Samarco joint venture between BHP and Brazil's Vale said on Saturday that it would halt two-thirds of its production amid "weak demand" for the expensive, high-grade product. Samarco has a total capacity of 21.6 million tonnes of annual production...
Tags: bhp, iron ore, BHP Billiton Ltd., Samarco, ore pellet, Brazil, pellet plant, million tonnes
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