November 16, 2011 BHP to invest $698m in new Australian iron ore mine BHP Billiton approved today a US$822 million (BHP Billiton share US$698 million) investment for the development of its Orebody 24 mine, located approximately 10 kilometres north-east of Newman, Western Australia.…
November 15, 2011 Rio Tinto CEO mum on Hathor counteroffer Rio Tinto CEO Tom Albanese wouldn't say if his company would raise its bid for a Canadian uranium developer after a rival bid Tuesday.
November 15, 2011 BHP to move deeper into shale gas with $4.5B in acquisitions BHP Billiton (NYSE:BHP) says it plans to spend about $4.5 billion on developing shale gas assets in 2012. Earlier this year, BHP, the world's largest mining company, spent nearly $17…
November 14, 2011 Goldcorp gets construction approval for Eleonore Goldcorp said on Monday that the Quebec government has given the green light to its Eleonore project, allowing Canada's second largest gold producer to start full construction at the mine…
November 13, 2011 Chile president says will use ‘all available options’ against Anglo Chile will draw on all options at its disposal, including suing for damages, to defend the interests of state-owned Codelco in its fight with Anglo American, President Sebastián Piñera told…
November 13, 2011 De Beers won’t touch Zimbabwe diamonds Business Live reports De Beers high-quality diamond retail arm Forevermark will not sell any diamonds from Zimbabwe's controversial Chiadzwa and fields, CEO Stephen Lussier said at the launch of the…
November 12, 2011 Anglo’s Cynthia Carrol snubbed by Chile president as Codelco fight becomes issue of national pride The Telegraph reports Anglo American CEO Cynthia Carroll took a last-minute flight to Santiago on Thursday to calm tempers over the sale of a 24.5% stake to Mitsubishi Corporation but…
November 11, 2011 Botswana paper says De Beers’ struggling Canada mines forced Oppenheimers to sell Botswana Guardian argues the canny Oppenheimers seem to be getting out of the diamond business because its future looks bleak. De Beers is currently in financial straits occasioned by its…
November 10, 2011 Chile to Anglo: Sell if you want but we will get our stake Reuters reports the Chairman of Chile's Codelco vowed on Thursday to go ahead with buying a 49% stake in Anglo American's southern Chilean properties. The state copper giant said that…
November 10, 2011 Iron ore miners pay the price of $30B expansion through higher royalties Mega-miners BHP Billiton and Rio Tinto on Thursday learned the price of their planned expansions in the Australian Pilbara: increased iron ore royalties to the West Australian government. Sydney Morning…
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
