UPDATE: Australia&#39;s WMC Plans A$650M Nickel Expansion
234765
PERTH (Dow Jones)--Australia&#39;s WMC Resources Ltd.(WMR.AU) said Monday that it will spend up to A$650 million expanding its nickel unit later this decade as it tries to
412897
BHP Billiton today announced the approval of the $US990 million Spence Copper Project in northern Chile. The project will have a designed capacity to produce 200,000 tonnes of copper cathode per annum and will have a mine life of 19 years.
242075
Australia's multi-billion dollar uranium industry is gearing up for expansion amid signs the Labor Party could drop its 22-year-old ban on new mines.
522384
Global resources group BHP Billiton on Monday announced the approval of Rapid Growth Project 2 (RGP2), a $575-million project that will expand the capacity of its Western Australia iron ore operations from 110 million tons per annum (Mtpa) to 118 Mtpa
140443
The trading company Sumitomo said it and three partners planned to invest about $3.3 billion to develop a nickel project in Madagascar amid increasing worldwide demand for nonferrous metals. Sumitomo and the Korea Resources Corporation of South Korea will join with two Canadian companies, the Sherritt International Corporation and SNC Lavalin, to develop a nickel mine, build smelters and create shipping infrastructure, the company said. Production is expected to begin in the second half of 2010, said Sumitomo, based in Tokyo.
562715
SYDNEY: BHP Billiton said it has approved a copper project in northern Chile costing 990 million US dollars and the expansion of its iron ore operations in Western Australia.
238222
Australian mining company WMC Resources Ltd. on Thursday forecast record profits for 2004 and announced plans to return up to 1 billion Australian dollars (US$761 million; euro570 million) to shareholders
54966
Total Mineral Resources at WMC Resources Ltd&#39;s Olympic Dam mine in South Australia have increased by 29.2% as a result of recent drilling and an improved long-term uranium price outlook.
255689
Mining giant Xstrata tables a bid for Australian nickel producer Jubilee Mines for 3bn Australian dollars ($2.8bn; Â£1.34bn).
284588
MELBOURNE: Swiss-based miner Xstrata said on Monday it would take its A$7.4bn ($5.8bn) bid for Australiaâs WMC Resources directly to shareholders, turning hostile after WMCâs management rebuffed its offer last month.
650406
Australian nickel and copper miner WMC Resources Ltd (WMR.AX: Quote, Profile, Research) rejected aA$7.4 billion ($5.5 billion) takeover bid
501317
Xstrata on Monday launched a hostile bid for the Australian miner WMC Resources in what analysts predicted could turn into an international bidding war as the global hunt for inexpensive resources to supply China intensifies.
697342
Xstrata Plc, the world&#39;s biggest exporter of coal for power plants, offered to buy WMC Resources Ltd. for A$7.4 billion ($5.5 billion) in cash to add nickel and copper mines as China&#39;s demand for metals grows.
114031
Business & money: BHP raises shares offer to Â£70bn mega deal, but China and Australia may fight potential monopoly
202955
Australian mining firm WMC Resources says it is worth up to 30% more than a hostile $5.8bn takeover bid by Swiss rival Xstrata.
16878
NEW YORK, October 5  - BHP Billiton Limited (BHP.NYS), the world&#39;s largest mining company, has announced its plans to return up to A$1.
135305
MELBOURNE - Australian nickel and copper miner WMC Resources rejected aA$7,4bn takeover bid from Xstrata, but left the door open for a higher offer, which sent its shares soaring.