UPDATE: BHP Flags Iron Ore Increase After China Deal
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PERTH (Dow Jones)--Having secured Chinese iron ore sales worth US$12.2 billion, Australia-based global miner BHP Billiton Ltd. (BHP) said Tuesday that a further aggressive
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SYDNEY (Dow Jones)--Citing synchronized world growth, China&#39;s strong demand growth and relatively low inventory levels, Anglo-Australian resources giant BHP Billiton said Wednesday that current high commodity prices could be maintained.
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Alcoa Inc.'s  shares jumped nearly 3 percent to a six-year-high on Monday on renewed speculation that mining giant BHP Billiton Ltd.   has revived plans for a $40 billion takeover of the U.S. aluminum company.
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Anglo-Australian mining giant BHP Billiton said it was forming a joint venture with Japanese steelmaker JFE steel that will underpin iron ore sales worth 3.7 billion US dollars over the next 11 years.
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SYDNEY (Dow Jones)--Continued strong steelmaking demand from China is expected to drive an 18.6% lift in iron ore prices for Australian producers into 2005, the government&#39;s Australian Bureau of Agricultural &amp; Resource Economics said Monday.
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World number one miner BHP Billiton  Ltd./Plc.  said its quarterly iron ore output  had recovered after cyclones, but warned of flat crude oil and  condensate output in fiscal 2007 and spiraling project costs.
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BHP Billiton lifted its bid for mining giant Rio Tinto Wednesday, valuing its target at 147.4 billion dollars as it seeks a mega-merger to exploit the China-driven resources boom.
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&quot;It is extremely pleasing to see that additional benefits have already started flowing to both BHP Billiton and its Chinese partners as a result of the Wheelarra joint venture,&quot; BHP Billiton Iron Ore president Graeme Hunt said in a statement.
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The world's biggest miner, BHP Billiton  , announced the surprise resignation of Chief Executive Chip Goodyear and set an extra $10 billion in share buybacks, driving its shares up 6 percent on Wednesday.
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BHP Billiton, the world&#39;s largest miner, approved the $990 million Spence Copper Project in northern Chile and a $575 million expansion of its iron ore operations in Western Australia.
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China&#39;s nickel demand is rising on reduced prices and increased purchases from stainless steel and plating plants that are running at higher rates, Shenzhen Daily reported Monday.
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Business & money: BHP raises shares offer to Â£70bn mega deal, but China and Australia may fight potential monopoly
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The world's biggest miner, BHP Billiton Ltd./Plc.  , announced the surprise resignation of Chief Executive Chip Goodyear and set an extra $10 billion in share buybacks, driving its shares up 5 percent.
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Shares in BHP Billiton Ltd.  , the world's top miner, opened 5.3 percent higher on Wednesday after it surprised the market with an additional US$10 billion share buyback.
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International mining company BHP Billiton has ratified its largest ever contract to supply iron ore to China. Under a joint venture deal, signed Tuesday in Western Australia, four Chinese steel mills are taking
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BHP Billiton Ltd, has moved to maintain its Chinese market, securing further commitments to sell more than $US3.2 billion of iron ore to Chinese steel mills over the next decade.
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BHP Billiton, the AngloAustralian mining group, announced plans yesterday to increase production amid surging demand for commodities.