March 23, 2015

South Africa woes cast doubt on BHP spin-off success

There are a number of challenges South32 is likely to face, including potential Black Economic Empowerment ownership concessions and power price hikes.

February 24, 2015

BHP pins hopes on spin-off South32

In the second half of 2014 the businesses bound for South32 generated $5bn worth of revenue and almost $890m of earnings before interest and tax.

December 21, 2014

Birla said to plan $1bn aluminum exports

Hindalco Industries Ltd., owned by Indian billionaire Kumar Mangalam Birla, is targeting a record $1 billion of aluminum exports by March 31 buoyed by rising U.S. and European demand, people…

December 8, 2014

BHP Billiton spin-off named South32

The waiting game is over. BHP Billiton has named its Perth-based spin-off company, appointing Graham Kerr as its chief executive.

December 1, 2014

New low in oil prices drags BHP Billiton stock below 2009 levels

The stock closed in Sydney below the $30 mark, which is the lowest it has traded in the last five years.

November 28, 2014

Rio Tinto cuts spending, defers capex, keeps dividend

The mining giant said it was committed to giving significantly more money back to shareholders in 2015 despite a severe drop in iron ore prices.

November 26, 2014

When it rains…Iron ore, gold miners the most vulnerable to Ebola risk

Report shows there are 39 assets in production within the Ebola-affected region.

November 24, 2014

BHP warns more cost cuts, management shake up before demerger

The world's largest miner has stepped up its cost-cutting plans as it battles a sharp slide in iron ore, coal and oil prices.

November 20, 2014

U.S. Senate reveals top banks ‘unfair advantage’ in physical commodities business

The two-year investigation concluded that Goldman Sachs, Morgan Stanley and JP Morgan have been manipulating commodity prices.

November 18, 2014

Credit Suisse analyst Michael Slifirski: new non-Chinese graphite and vanadium supply could create new demand

More may really be better for end users and mining companies when it comes to graphite.