Anglo American buys most of Australian coal miner
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Global mining giant Anglo American said Friday it had bought a 70-percent share in the Foxleigh coal mine in Queensland, northeastern Australia, for 620 million US dollars (432 million euros).
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Goldcorp Inc. yesterday became the third North American mining company this year to launch a bid to buy Wheaton River Minerals Ltd.
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A MASSIVE expansion of the Alcan alumina refinery in Arnhem Land was welcomed by Top End Aboriginal landowners yesterday after the Canadian aluminium giant approved a $1.
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Anglo-Australian miner Rio Tinto offered 38.1 billion dollars for Canada&#39;s Alcan Thursday, trumping US rival Alcoa with a proposed merger that would create the world largest aluminium company.
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WORLEY Group became a true global player in mining services yesterday with the acquisition of an American partner. The $US245 million ($A350 million) purchase of US-based Parsons E&amp;C will turn Worley into a near billion-dollar business.
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BHP Billiton, the world&#39;s biggest miner, will buy back as much as A$1.5 billion ($1.6 billion) of its Australian stock as part of a plan to return profit from soaring commodity prices to investors.
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BHP Billiton&#39;s Australian investors will collect $1.5 billion from a buyback announced by the global miner yesterday. But the move will leave foreigners with a stronger presence on the BHP share register because they can&#39;t participate.
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Mining giant Xstrata tables a bid for Australian nickel producer Jubilee Mines for 3bn Australian dollars ($2.8bn; Â£1.34bn).
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Alcoa Inc. and Aluminum Corp. of China jointly acquired 12 percent of the shares of global mining company Rio Tinto PLC in a deal believed to be worth $14.05 billion, the companies said Friday.
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This firm peddles its sought-after wares to the world's great miners.
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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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Teck Cominco  said on Tuesday it would buy Aur Resources  in a friendly cash and stock offer worth C$4.1 billion ($3.9 billion) that will significantly boost Teck's copper production.
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Global mining giant Anglo American reported on Wednesday record profits in 2006 on the back of strong metal prices and keen Chinese demand.
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MONTREAL/LONDON  - Anglo-Australian miner Rio Tinto Ltd/Plc  offered $38.1 billion to buy Canada's Alcan Inc in an agreed deal to create the world's No. 1 aluminum producer, trumping a hostile bid by Alcoa Inc
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Chinese aluminium giant Chinalco said on Friday it had teamed up with US peer Alcoa to buy a 12-percent stake in Anglo-Australian mining group Rio Tinto plc.
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MONTREAL/LONDON  - Anglo-Australian miner Rio Tinto Ltd/Plc  has agreed to buy Canada's Alcan Inc.  for $38.1 billion to create the world's largest aluminum producer, trumping a hostile bid by Alcoa Inc.
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The Queensland Gas Company, an Australian producer of natural gas from coal seams, and the BG Group of Britain plan to invest about 8 billion Australian dollars ($7.2 billion) in an export project in northeastern Australia to tap rising demand for the fuel.