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BHP to Agree New Iron Ore Contracts

LONDON (Reuters UK) - Mining group BHP Billiton BLT BHP has stopped signing long-term iron ore contracts on traditional benchmark terms, Chief Executive Marius Kloppers said on Tuesday. He said at a presentation in London that the company, the world's largest mining group, was not...

Tags: Contract, London, Term, Bhp, Blount International Inc., Ironore, Oukbs

News items 2008-06-24

BHP Says Gets Partial U.S. Anti-trust Clearance For Rio Bid

SYDNEY (Reuters UK) - BHP Billiton BHPBLT has received partial clearance from U.S. anti-trust watchdogs to proceed with its bid for rival Rio Tinto RIORIO, BHP said on Thursday. It said it had received notice of an early termination of the Hart-Scott-Rodino Act waiting period...

Tags: Merger, Clearance, BHP, Mergers & Acquisitions, Investment, Finance, Blount International Inc., Oukbs

News items 2008-07-03

BHP Says Gets Partial U.S. Antitrust OK For Rio Bid

SYDNEY/BRUSSELS (Reuters UK) - BHP Billiton BHPBLT said on Thursday that United States antitrust authorities have cleared its unsolicited $170 billion (85 billion pound) bid for rival miner Rio Tinto RIORIO. The company's announcement said the clearance satisfied part of U.S. antitrust law requirements. U.S....

Tags: Antitrust, BHP, Corporate Law, Security, Business Operations, Blount International Inc., Oukbs, US

News items 2008-07-03

BHP Raises Iron Ore Reserves After Price Hike

By James Regan SYDNEY (Reuters UK) - Miner BHP Billiton BHP BLT raised estimated reserves at its biggest iron ore operation by a quarter on Tuesday, a day after rival Rio Tinto RIO set a lofty new benchmark price for the commodity. Rio RIO agreed a...

Tags: Renewal, Price, Rio Tinto, BHP Billiton, BHP, Pricing, Blount International Inc., Sydney

News items 2008-06-24

BHP Shuts Nickel Plants For Repair

By Sonali Paul and James Regan SYDNEY (Reuters UK) - BHP Billiton's BHP surprise decision to shut an Australian nickel smelter and refinery for about four months for repairs, cutting global supply by 2 percent, drove nickel prices to a 3-week high on Thursday. BHP BLT...

Tags: Production, Refinery, BHP, BHP Billiton, Sales Strategy, Sales Force Management, Apache Corp., Blount International Inc.

News items 2008-06-12

Additional Resources

Indonesian investment chief backs massive BHP nickel project

JAKARTA AFP — A nickel mining partnership between BHP Billiton and an Indonesian firm in a protected island paradise has "strategic" importance and should proceed, Indonesia's investment chief said Wednesday. Investment coordinating board head Muhammad Lufti said the 50-50 joint venture involved investments of around four billion dollars...

Articles 2008-06-25

Rio Tinto almost doubles price of iron ore for Chinese market

Rio Tinto secured a record 85 per cent increase yesterday to the price that China, it biggest customer, pays for its biggest product, iron ore, underlining China's desperation to secure raw materials to fuel its industrialisation and stoking fears that global inflation will continued unabated. The price...

Articles 2008-06-24

Universal Uranium Engages North Rim Exploration Ltd. for Study of Potash Potential of St. George's Bay Mineral Property

Universal Uranium Ltd. (TSX VENTURE: UUL) is pleased to announce that it has contracted North Rim Exploration Ltd. North Rim of Saskatoon, Saskatchewan to provide an assessment as to the potential for discovering potash on the company's newly acquired claims in the St. Georges Bay Basin of Western Newfoundland. North...

Articles 2008-06-23

Millrock Seeks to Expand Historical Gold Resource at the Bluff Prospect, Seward Peninsula, Alaska

Millrock Resources Inc. (TSX VENTURE: MRO) ("Millrock" or the "Company") announces that it will proceed with an 1,800 meter core drilling program at the Bluff prospect, Alaska. The program, which will consist of approximately 10 holes, is designed to confirm prior drill intersections and to expand the historical gold resource...

Articles 2008-06-23

REAR VIEW Mirror: TAX VERY MUCH

FIAT have just launched a new, 1.6-litre 105bhp Multijet diesel engine which the company believes will benefit greatly from the July 1 VRT changes, thanks to its low emissions. The new engine gives a 0-100km/h of 10.5 seconds yet combines this with low fuel consumption and...

Articles 2008-06-22

American Copper Corporation: First Phase of Copper Springs Drilling Completed

American Copper Corporation (TSX VENTURE: AJ) - Initial results are in for three of the fourteen holes completed on American Copper's Copper Springs Project. The Copper Springs Project is located about 70 miles (113 km) east of Phoenix, Arizona within the Globe-Miami mining district. This mining district contains numerous operating...

Articles 2008-06-18

Rio Tinto iron ore licence in Guinea at risk

One of Rio Tinto's top iron ore concessions is under threat after the Guinea government revealed it was reviewing the $6bn project in Simandou, stating concerns over its legality. One broker said the move could "give wind to the sails" of BHP Billiton, the arch-rival that is...

Articles 2008-06-12

Investment Alerts: GYGC! June 11, 2008

Stock Market Alert's performance stock listincludes: Guyana Gold Corporation (PINKSHEETS: GYGC), Baidu.com Inc.(NASDAQ: BIDU), BHP Billiton (NYSE: BHP), Nabors Industries Ltd. (NYSE: NBR). Guyana Gold Corp. (PINKSHEETS: GYGC) continues to issue positive news, andthe company should have the attention of investors this morning. Thismorning, the company, a junior mineral exploration...

Articles 2008-06-11

BHP Billiton chief moves to ease competition concerns on Rio bid

SYDNEY AFP — BHP Billiton and Rio Tinto would have only a "modest" share of world iron ore markets if a proposed mega-merger between the resources giants went ahead, BHP chief Marius Kloppers said on Wednesday. As competition regulators in Europe and Australia scrutinise BHP's hostile 147 billion...

Articles 2008-06-11

New Analyst Reports for GOLD FIELDS LTD, ARCH COAL, BHP BILLITON LTD, and HESS CORPORATION

MaybachFinancial.com is one of the fastest growingindependent and unbiased research firms in the world. Through our numerouspartnerships with many of the top investment minds in the world, we provideresearch on companies making a move in the markets. Investors seekinggenuine analyst opinions on their investments for GOLD FIELDS LTD (NYSE: GFI),...

Articles 2008-06-10

Western Potash Corp. Executes Drilling Agreement with Ensign Drilling Partners

Western Potash Corp. (the "Company") (TSX VENTURE: WPX)(FRANKFURT: AHE) is pleased to announce that it has signed a drill contract agreement to commence its initial potash exploration drilling program within the Company's Russell-Miniota Exploration Permits in Manitoba. These permits comprise 555 square kilometers, are adjacent to BHP Billiton's Potash Lease...

Articles 2008-06-06

Australian competition watchdog probes BHP-Rio merger plan

SYDNEY AFP — Australia's competition regulator launched an inquiry Friday into mining giant BHP Billiton's hostile takeover of rival Rio Tinto. The Australian Competition and Consumer Commission said it had received a submission from BHP that enabled it to commence market inquiries into the proposed deal. ...

Articles 2008-06-05

Full Metal Minerals Expand Porphyry Exploration Program in Alaska

Full Metal Minerals (TSX VENTURE: FMM) and BHP BILLITON Mineral Services Company ("BHP Billiton") (NYSE: BHP)(NYSE: BBL) are pleased to announce that exploration work has commenced on multiple copper-gold porphyry targets in eastern Alaska. Full Metal Minerals have expanded the land package through a Mining Exploration Agreement with Option to...

Articles 2008-06-05

Thursday's Hot Stock to Watch - GYGC! June 5, 2008

Stock Market Alerts' performance stock listincludes: Guyana Gold Corp. (PINKSHEETS: GYGC), Monsanto Company (NYSE: MON), BHP Billiton (NYSE: BHP), Amazon.com, Inc. (NASDAQ: AMZN). Guyana Gold Corp. (PINKSHEETS: GYGC) has just issued additional importantnews, and the company should have the attention of investors. This morning,the company, a junior mineral exploration company,...

Articles 2008-06-05

Worsley Alumina's $1.9 Billion Refinery Expansion Project Begins, an Industrial Info News Alert

Researched by Industrial Info Resources(Sugar Land, Texas) -- Joint venture partners in the Worsley Alumina PtyLimited have finally given approval for the long-delayed Worsley efficiencyand growth project to proceed. The nod came barely two months after thepartners of BHP Billiton (NYSE:BHP) (Melbourne, Australia) (86%), JapanAlumina Associates Australia Pty Limited (10%)...

Articles 2008-06-05