September 5, 2011 Former BHP boss takes aim at ‘woeful’ productivity Former BHP Billiton chairman Don Argus has blasted the Gillard government's tax reform agenda as token and piecemeal and joined the chorus of big-business figures calling for the renewed deregulation…
September 5, 2011 Rio, Anglo aim to sell 75% stake in Palabora Mining valued at $700 million Rio Tinto Group and Anglo American Plc (AAL), which together own about three-quarters of Palabora Mining Co., said they plan to sell their entire holdings in the South African miner…
September 4, 2011 China seeking cheaper iron ore Fed up with paying high prices for iron ore, China is seeking out new supplies of the crucial steelmaking ingredient. The Australian reports that China is increasing iron ore imports…
September 1, 2011 Rio Tinto: world needs 800 mln more tonnes of iron ore over next 8 yrs The world needs at least 100 million tonnes of additional iron ore supply each year for the next eight years to meet demand growth projections in steel making, miner Rio…
September 1, 2011 BHP pays $344m to expand Newcastle port A cashed-up BHP Billiton will spend $US367 million ($A344.31 million) expanding its coal handling operations in Newcastle. The world's biggest miner, which recently delivered an Australian record full-year profit of…
September 1, 2011 QR National open to cooperation on rival rail plan Australia's largest coal freight company, QR National , says it will cooperate with BHP Billiton and other mining companies seeking to set up their own rival rail operations.
August 30, 2011 Anglo American could lose out to Mittal on Macarthur Coal Anglo American is poised to lose out in the A$4.9bn (3.2bn) takeover tussle for Macarthur Coal after the Australian company recommended a sweetened offer from a consortium of US-based Peabody…
August 28, 2011 Rio Tinto to invest in molybdenum plant Rio Tinto Ltd will invest $US270 million to construct a new Molybdenum Autoclave Process facility in Salt Lake City, Utah.
August 28, 2011 Rio Tinto, Mitsubishi raise offer for Coal and Allied Rio Tinto and Mitsubishi are willing to shell out $1.5 million for the remaining minority shares in Coal & Allied. It is proposed that the joint venture partners will acquire…
August 28, 2011 Goldcorp throws cold water on stock touts Unscrupulous stock tout services have been pumping U.S. junior exploration companies by suggesting that Vancouver-based senior gold producer Goldcorp Inc. is about to buy them out at huge premiums to…
Lundin Gold to invest $100 million in 2026 Ecuador exploration Lundin wants to increase its existing reserves totaling 5.54 million ounces, and identify new deposits through a three-year project. February 12, 2026 | 10:29 am
