China’s Shandong Xinfa Aluminum & Electricity Group is in talks with Guinea to invest $14 billion in a bauxite project abandoned by BHP Billiton said a government official with knowledge of the matter.
A big corporate break-up à la BHP Billiton is definitively not in his books, he told FT.com.
Around 15,000 of the total 55,000 licences in effect risk fines and even losing all privileges over the land.
Chinese backers are now behind one-third of all Peru’s new mining investments by value.
Australia's non-bulk mining industry "will die without a strong pipeline of projects moving to development stage," says study.
The division contributed just $746 million of the $21.12 billion earnings BHP reported for the 2013 financial year.
Tighter border controls are set to disrupt the flow of essential supplies and even workers trying to get to work at the African country's mining operations, companies say.
After the WHO declared the current outbreak an “international public health emergency.”
Profits double after CEO Sam Walsh trims $3.2 billion of fat six months ahead of target and announces another $1 billion in cuts by end-2015.
As BHP considers the sale of almost all of the businesses that Billiton brought to the 2001 merger deal, experts say the firm is likely to end up leaving London.
Currently China is the second largest producer of the red metal, with an annual output of about 1.6 million tonnes per year.
World's largest mining company said to be unloading all of the non-core units acquired after the merger with Billiton 13 years ago.
The news comes of the heels of the creation of a new aluminum division, BHP Billiton Aluminum Pty Ltd.
The two used to be joined at the hip, but now one or the other has lost touch with reality.
The South American nation lost the title to China in 2012.
Brazilian iron ore giant Vale has removed its six international employees and put its local workers on leave.
The mining giant believes demand for coal to keep growing over the next 20 years, driven mainly by China and India.
The separate company would be listed on the London Stock Exchange, as well as the Australian and South African markets.
Stock in Montreal-based metal technology and alumina company which mysteriously tanked yesterday regained most of the lost ground on Thursday.
Orbite Aluminae crashed 36% in massive volumes on Wednesday without any fresh news that could have prompted the sell-off in the alumina and rare earth technology company.
Combined estimate investment exceeds $13 billion, says the government.
The world’s No.1 mining company's CEO believes coal will remain the main source of affordable energy for growing economies.
Last year alone there were 149 conflicts involving mines in the country.
At least four companies have placed bids to buy assets of Montenegro's Kombinat Aluminijuma Podgorica (KAP) aluminum plant.
Dr. Copper sending positive signs for 2014.
Rusal is challenging the LME's plans to reform how it stockpiles commodities.
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