China to become world's No.2 gold producer: miner
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China, the world's third-largest gold producer, is likely to surpass the United States to become the second-largest producer of the precious metal in 2007, a senior Chinese industry official said on Friday.
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Aug. 18 (Bloomberg) -- BHP Billiton, the world&#39;s biggest mining company, more than doubled second-half profit as Chinese demand boosted commodity prices and said it may return as much as $2 billion to investors, including through share buybacks.
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China has muscled in on miner  BHP Billiton's  attempts to buy rival Rio Tinto ,  with its biggest aluminum producer teaming up with U.S. group  Alcoa  to buy a 12 percent stake in Rio.
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The world&#39;s largest gold producer, Newmont Mining Corp. (NEM.N: Quote, Profile, Research) , said on Wednesday that higher gold prices drove up quarterly profit by 12.
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Chile's copper mining industry saw record earnings of $14.2 bn in 2004, partly due to strong demand from China.
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After a 2,000-year lapse, Egypt is looking to again acquire a gold-mining industry by revisiting ancient deposits of the precious mineral that symbolised the glory of the Pharaohs.
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China has muscled in on the miner BHP Billitonâs attempts to buy rival Rio Tinto, with its biggest aluminum producer teaming up with American group Alcoa to buy a 12 percent stake.
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China's economy should expand by 10.5 percent this year as an investment boom surges ahead despite tightening government controls, the country's top planner said in comments reported Monday by state media.
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BHP Billiton, Australia&#39;s biggest oil and gas producer, said a second appraisal well at its Shenzi discovery in the Gulf of Mexico found oil, increasing the likelihood the field can be commercially developed.
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Gold futures hit a 16-year high Monday, continuing a bull run that has gold companies &quot;living the dream,&#39;&#39; according to one industry analyst.
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China&#39;s appetite for raw materials shows no sign of abating, with four Chinese steel mills agreeing to buy an extra $3.2 billion of Australian iron ore over the next 10 years, global miner BHP Billiton said Tuesday.
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The world&#39;s biggest mining group, BHP Billiton Ltd./Plc. said on Wednesday its second-half net profit more than doubled on strong demand for industrial raw materials, and forecast sustained high prices for commodities.
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The world&#39;s largest miner, BHP Billiton, yesterday said that high oil prices were affecting spending worldwide but China&#39;s demand for commodities over the longer term was heartening.
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LONDON/BEIJING  - China has muscled in on miner BHP Billiton's  attempts to buy rival Rio Tinto , with its biggest aluminum producer teaming up with U.S. group Alcoa  to buy a 12 percent stake in Rio.
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[Business India]: South African gold producer Harmony has bid to take over larger rival Gold Fields, a merger that would create the world&#39;s biggest gold producer.
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Harmony Gold, South African gold mining group, said it made a bid over its bigger rival Gold Fields to form the biggest gold producer over the globe.
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JOHANNESBURG: South Africaâs Harmony Gold has pounced on bigger domestic rival Gold Fields with an unsolicited, all-share takeover bid worth about $8bn to create the worldâs biggest gold producer.