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Colin Bennett

BHP chief says big mining will meet demand - 0 views

  • Marius Kloppers said the big mining houses had the capacity to meet the world’s rising demand for fuels and ores in the coming decades in a speech where he also sought to downplay fears expressed by industrialising nations over “resources security”.
Colin Bennett

BHP warns over sustainability of demand for raw materials - 0 views

  • Colin Bennett
     
    "BHP warns over sustainability of demand for raw materials

    BHP Billiton, the miner that sells 19 different commodities from...materials had returned.In its quarterly production report, BHP noted that China, the driver of the rally in metals prices...offset this, such a sequence of events should not be expected, BHP said.It added: "In spite of the low metals inventories in...
    Oct 22 2009, By William MacNamara in London and Peter Smith in Sydney, Financial Times"
Colin Bennett

BHP Billiton Boosts Olympic Dam Ore Reserves - 0 views

  • Colin Bennett
     
    MELBOURNE -(Dow Jones)- BHP Billiton Ltd. (BHP.AU) said Tuesday it has boosted the total ore reserves at its Olympic Dam copper and uranium mine in South Australia state, although ore grades have fallen slightly.
Colin Bennett

Hopes of new BHP approach puts Rio on positive footing - 0 views

  • Colin Bennett
     
    Rio Tinto gained ground -yesterday as brokers gave credence to hopes of a new proposal from BHP Billiton .
Colin Bennett

BHP to offshores uranium-infused copper processing - 0 views

  • Colin Bennett
     
    BHP Billiton will stick to its controversial plan to send uranium-infused copper concentrate to China for processing, if it moves ahead with expanding the showpiece Olympic Dam mine.

    In its draft environmental impact statement for the Olympic Dam expansion, released in Adelaide yesterday, BHP outlined its most detailed plans yet for the project, which will tap into the world's largest known uranium body and fourth-largest copper deposit.
Colin Bennett

BHP warns of falling copper output - 0 views

  • Colin Bennett
     
    BHP Billiton has warned that copper production at its majority-owned Escondida mine in Chile will fall by 30 per cent in the year ending June due to declining ore grades and electrical faults at the processing mill.
Colin Bennett

BHP Billiton to shed 6,000 jobs: Associated Press - 0 views

  • Colin Bennett
     
    SYDNEY, Australia (AP) - Mining giant BHP Billiton announced plans Wednesday to slash 6,000 jobs, or about 6 percent of its global work force, as it rushes to cope with plummeting demand because of the global financial crisis.
Colin Bennett

Chinalco to play key role in any Rio development - 0 views

  • Colin Bennett
     
    The big question now is what happens to Rio Tinto. Chinalco, the Chinese miner that bought a seat at the dealmaking table in February with an audacious dawn raid of Rio shares, will play a key role.
Colin Bennett

Asia-Pacific - BHP walks away from $62bn Rio bid - 0 views

  • Colin Bennett
     
    BHP Billiton on Tuesday abandoned its year-long pursuit of Anglo-Australian mining rival Rio Tinto, saying the bid was no longer in the best interests of shareholders amid the "continued deterioration of near-term global economic conditions".
Colin Bennett

Brussels outlines objections to BHP takeover of Rio - 0 views

  • Colin Bennett
     
    The European Commission yesterday issued its statement of objections to BHP Billiton's proposed $79.5bn (£49.3bn) hostile takeover of mining rival Rio Tinto, with the main competition barriers thought to be in the iron ore market.
Colin Bennett

BHP takeover of Rio Tinto approved in South Africa - 0 views

  • Colin Bennett
     
    South Africa's competition authorities have recommended approval of BHP Billiton's takeover of mining rival Rio Tinto
Colin Bennett

BHP upbeat on China outlook - 0 views

  • Colin Bennett
     
    The world's largest mining company, BHP Billiton Ltd, said in a statement on Wednesday that it was confident the industrialization of China would continue to drive demand for its products.
Colin Bennett

BHP mulls over mine expansion-China Mining - 0 views

  • Colin Bennett
     
    "We have to make decisions now on how we see demand 20 years out," BHP uranium unit President Graeme Hunt, who's in charge of the Australian mine, said yesterday in Adelaide. "This is not a project we can move too quickly with."The cost of Olympic Dam, the world's biggest uranium deposit and fourth-largest copper lode, may rise threefold to as much as US$15 billion,
Colin Bennett

EU reopens probe of BHP-Billiton bid for Rio Tinto: Associated Press Business News - MSN Mo... - 0 views

  • Colin Bennett
     
    BRUSSELS, Belgium (AP) - European antitrust regulators said Monday they had restarted a probe into miner BHP Billiton's hostile bid for rival Rio Tinto Inc., setting a new deadline to rule on it by Jan. 15.
Colin Bennett

BHP Billiton Boosts Copper, Uranium Resource At Olympic Dam - 0 views

  • Colin Bennett
     
    MELBOURNE -(Dow Jones)- BHP Billiton Ltd. (BHP) has boosted the size of the copper and uranium resource at its giant Olympic Dam mine in South Australia state, which is slated for a multibillion dollar expansion.
Colin Bennett

BHP Billiton > Statement Re High Court Decision - 0 views

  • Colin Bennett
     
    BHP Billiton is disappointed by today's High Court decision on the definition of 'production process'
Colin Bennett

Новости Neftegaz.RU | Norilsk Nickel, BHP Billiton To Operate Jointly in Russia - 0 views

  • Colin Bennett
     
    Russia"s metals giant Norilsk Nickel and the world"s largest mining company BHP Billiton have formed a joint venture to explore for minerals in Russia.
Colin Bennett

View from the Top - Tom Albanese, chief executive of Rio Tinto - 0 views

  • Colin Bennett
     
    Tom Albanese took over last year as the head of one of the world's biggest mining groups. But after an aggressive start to his tenure with the $44bn acquisition of aluminium group Alcan, the 50-year-old chief executive found himself on the defensive after another mining heavyweight - Marius Kloppers of BHP Billiton - launched a $160bn hostile bid for Rio Tinto.
Colin Bennett

Miners look in vain for help out of a share price hole - 0 views

  • Colin Bennett
     
    It has suffered a savage de-rating in the past couple of months, going from stock market darling to pariah. The Datastream UK mining index has fallen 30 per cent since the start of July and over the past couple of weeks the selling has accelerated. Halfway through September and the mining sector has already witnessed its sharpest monthly decline since 1997, according to Cazenove
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