BHP Billiton Ltd chief executive Marius Kloppers says the group's takeover proposal for rival Rio Tinto Ltd is value accretive for both sets of shareholders.BHP Billiton's all scrip bid is currently being assessed by European regulators, with a decision expected before the end of the year."We believe the deal...
SYDNEY (Reuters) - BHP Billiton Ltd BHP BLT has shut its giant Yandi iron ore mine in Australia until further notice while it investigates a fatality, the company said on Tuesday. The mine yielded about 40 million tonnes of ore last year, ...
SYDNEY (Reuters UK) - BHP Billiton Ltd BHP BLT has shut its giant Yandi iron ore mine in Australia until further notice while it investigates a fatality, the company said on Tuesday. The mine yielded about 40 million tonnes of ore last year, making it...
BHP Billiton Ltd, Australia's largest oil and gas producer, says production from its Neptune project remains shut-in as operations in the Gulf of Mexico partially resume after hurricane Gustav.Oil and gas operators, including BHP Billiton, evacuated personnel and shut-in output from operations ahead of hurricane Gustav entering the Gulf...
By James Regan SYDNEY (Reuters UK) - BHP Billiton suspended all its iron ore mining in Australia on Friday, shutting in a third of the country's production after the second mine worker death in the past 10 days, raising broader safety concerns in its mines. A...
BRUSSELS, Belgium -- European Union antitrust regulators said Tuesday that they had put on hold an antitrust probe into miner BHP Billiton's mammoth bid for rival Rio Tinto Inc. because the companies have not provided information. The regulators opened an in-depth investigation into the deal in July,...
Geocom Resources Inc. ("Geocom" or "TheCompany") (OTCBB: GOCM) and TNR Gold Corp ("TNR") are pleased to announcethe transfer of ownership of Iliamna ("the Property") from BHP Billitonsuch that Geocom and TNR shall hold 100% legal title to the Property. In 2003 TNR granted an option to Geocom and the Company...
What happened to the coupes? A coupe looks rakish, and a car bought for its looks is quite likely to be bought as a fashion statement. Fashion is both fickle and cyclical. And of late, coupes have been out of fashion. Mainstream coupes from mainstream carmakers have fallen off the...
Researched by Industrial Info Resources(Sugar Land, Texas) -- In a bid to counter the adverse effects of soaringiron ore prices and secure a stable supply of raw material, Japanese steelmajors are teaming up to jointly acquire overseas iron ore mining rightsand share the purchase costs among themselves. The consortium...
Researched by Industrial Info Resources(Sugar Land, Texas) -- International miner Rio Tinto (NYSE:RTP) Londonposted record earnings for the first half of 2008. The company's netearnings for the period were $6.91 billion, up a significant 113% from$3.25 billion posted for the same period last year. For the past severalmonths,...
Strong commodity prices are helping Rio Tinto, the world's second largest mining company, to beat all its records - and it is still saying no to rival and suitor BHP Billiton. Rio Tinto's net earnings for the half-year to June ballooned by 113 per cent to $6.91bn...
Outlook The Olympics may have captivated all but the most sports-phobic among us, but Rio Tinto's directors can be forgiven for a sigh of relief that the Games are over. To satisfy the pollution commitments made to Olympics organisers, China had to put the brakes on...
SYDNEY AFP — Mining giant Rio Tinto said Tuesday it had more than doubled first-half net profit to a record 6.91 billion US dollars as it continues to fend off a hostile takeover bid by rival BHP Billiton. Rio, the world's third largest miner, said that underlying earnings...
SYDNEY AFP — Mining giant Rio Tinto announced a record first-half net profit of 6.91 billion US dollars on Tuesday, more than double the 3.25 million US dollars it earned over the same period last year. The world's third largest miner, targeted by an unsolicited takeover bid from...
SYDNEY AFP — Australian shares in Rio Tinto hit a three-week high and closed up more than 1.0 percent on Monday, after the government approved a China-owned company's acquisition of a strategic stake in the miner. Chinalco, with Alcoa Inc of the US, paid 14.1 billion US dollars...
Researched by Industrial Info Resources(Sugar Land, Texas) -- BHP Billiton (NYSE:BHP) (Melbourne, Australia) isplanning to build a new concentrator at the Escondida mine, the world'slargest copper mine. BHP is the main owner and operator of the mine,holding a 57.5% stake. Rio Tinto PLC (NYSE:RTP) London holds 30% while10% is held...
THIS is the Mastretta MXT, Mexico's first domestically designed car. Its makers claim 0-100km/h in around five seconds and 250km/h flat out. The car is due to go on sale in the UK, in righth-and-drive, with a price tag of EUR32,995 which puts it in the...
CADILLAC'S CTS-V performance saloon will be built in right-hand- drive and Irish sales are likely. The car wields a very big stick thanks to a 6.2-litre V8 engine, which produces 555bhp. It recently recorded a sub-8 minute lap of the Nurburgring circuit in Germany...
IF you're very paranoid, or make a habit of offending people, BMW have just the ticket. Visually indistinguishable from the stock item, their X5 Security is armour-plated to resist penetration from a .44 Magnum or 9mm Luger those are serious shooters, courtesy of ballistic-resistant armoured fibre behind the body panels,...
PEUGEOT have unveiled a concept hinting at what their 407 replacement, the upcoming 408, will look like. Unquestionably bold, insiders say the RC's rear three-quarter and dramatic front-end view will feature in the new model. More significantly, there's likely to be a hybrid powertrain, good for an astonishing 313bhp and...
Articles 2008-08-24
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