Sale of Pinto Valley brings BHP’s offloads to $5bn
BHP sells the Pinto Valley copper mine and the associated San Manuel Arizona Railroad Company to Capstone Mining for $650m.
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BHP Billiton sells Pinto Valley mining operation for US$650 million
BHP Billiton employees working at Pinto Valley and SMARRCO will become employees of Capstone as part of the transaction.
All the big banks forecast a higher gold price this year
But the outlook for 2014 is decidedly more bearish.
SLIDESHOW: Mining billionaires 2013
How the mighty have fallen.
Small victory for ‘marvelous’ 14m tonne Valemax fleet
China allowed one partially loaded Valemax to dock earlier in April, but carrying 400,000 tonnes of iron ore is still banned.
New row over $33bn coal scam could topple Indian prime minister
Current PM Manmohan Singh was in charge of the coal ministry when $33bn in coal proceeds never materialized.
Batista bailout is urgent
"Financial problems at OGX are immediate: the result of a culture of over-promising and under-delivering".
Russia wakes sleeping rare earth giant
Billionaire Alexander Nesis, state-owned Rostec reach $1bn deal to develop world's largest rare earth deposit and take control of Russia's REE stockpiles.
Ross Beaty: you say impossible, I say possible
Copper and silver king turned environmentalist Ross Beaty sees stagnant global growth, but strong fundamentals for gold. Here he shares his views, and a few memorable moments in his career — on both sides of the industry.
