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BHP Billiton wants government approval for its multi-billion-dollar expansion of Olympic Dam a month before the next state election. In the firmest detail yet of its timetable, the mining company said yesterday it intended to begin digging the open-pit...
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Top miner BHP Billiton's chief executive has ruled out adding a cash sweetener to its all-share $US69 billion ($101 billion) offer for rival Rio Tinto, saying financial turmoil hitting commodity markets was no reason to change. There has been market speculation...
Tags: bhp, Rio Tinto, BHP Billiton
BHP Billiton has cancelled a proposed $US727 million ($1.12 billion) bauxite project in Suriname and has made plans to exit its alumina refinery joint venture in the South American nation when its present bauxite source runs out in 2010. The company said...
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Australian shares trimmed early losses to be down 0.6 percent on Monday, as the top miners jumped out of the red...BHP Billiton , the world's biggest diversified miner, rose 3.5 percent to A$25.24, while its takeover target, Rio Tinto , rose 4.5 percent...
Treasurer Wayne Swan said on Monday the Hamersley and Robe railway lines owned by Rio Tinto and the Goldsworthy railway line owned by BHP Billiton Ltd in Western Australia should be opened to third-party access. The decision comes after a recommendation...
Tags: bhp, Rio Tinto, Pilbara, BHP Billiton Ltd
South African competition authorities have recommended approval of mining giant BHP Billiton's takeover of rival Rio Tinto, but with conditions attached. The $US120 billion ($A178.1 billion) hostile bid for Rio by the world's largest miner has created...
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THE chairman of BHP Billiton, Don Argus, told investors at the miner's London annual meeting it had no plans to drop its bid for Rio Tinto despite the recent global financial turmoil and slackening of demand in China. The hostile takeover is contingent...
Tags: bhp, BHP Billiton, Rio Tinto, Competition Tribunal, South Africa, approve bhp, China, rio share, Competition Commission
The global economic downturn is cutting into China's rampant appetite for steel making and other resources, but demand for raw materials in developing countries remains positive in the long term, the world's largest mining company said Wednesday. "China...
Tags: bhp, rio tinto, BHP Billiton Ltd., China, Rio Tinto Ltd, drive demand, iron ore, short term, says china, global economic
The big miners BHP Billiton and Rio Tinto have contributed nearly a third of the gains to the All Ordinaries index.
Rio Tinto it holds in partnership with Alcoa but did not know how long that would take. The Chinese company said it did not have access to the shares due to the collapse of Lehman Brothers, whose European arm managed the holding. Chinalco said it was...
Tags: bhp, BHP Billiton