No-nonsense BHP boss has Rio in his sights
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If BHP Billiton's new chief executive Marius Kloppers eventually walks away from his bold proposal to buy rival mining titan Rio Tinto, and that's a big if, it won't be for lack of trying.
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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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Sifting through the best that Brazil has to offer.
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ANDREW Forrest&#39;s dream of becoming a third iron ore force in the Pilbara moved a step closer yesterday. The Fortescue Metals chief executive last night announced the signing of three Chinese contracts supporting
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Anglo-Australian mining giant BHP Billiton say it has made an offer worth $147bn to buy rival Rio Tinto.
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A day after BHP Billiton Ltd/Plc  launched the second costliest corporate takeover in history,  analysts and industry executives reckoned the world's biggest  miner may have to dig a little deeper into its pockets to win  rival Rio Tinto Ltd/Plc .
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The upstart miner has won a huge round as part of its hostile takeover bid for Gold Fields. It&#39;s not money in the bank yet, though.
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The unquestioned leader of one of the market's hottest sectors is set to report.
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BHP Billiton sweetened its hostile takeover bid for Rio Tinto on Wednesday by lifting its valuation of the mining giant to 147.4 billion dollars as it seeks to exploit a resources boom driven by China.
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Aluminum Corp of China (Chinalco) sought to douse speculation on Monday that it was preparing to mount a counter bid to BHP Billiton  for Rio Tinto , saying it was happy to stick with the $14 billion stake it bought last week.
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MELBOURNE: The world&#39;s second-largest diversified miner, Rio Tinto Ltd Plc, said yesterday high oil prices were increasing its costs but were not dampening demand for its key commodities.
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Business & money: Rio Tinto strengthens claim that its rival BHP Biliton's hostile bid is undervalued
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Sydney, Australia, Aug. 20 (UPI) -- Australia&#39;s BHP Billiton said Friday that together with Korea&#39;s POSCO, it will try to develop an iron mine and steel mill in India.
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Rio Tintoâs recent offer of $38.1 billion for Alcan may be a sign that aluminum is no longer an estranged cousin in the mining industry.
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The chairman of mining company Rio  Tinto Ltd/Plc  wrote to shareholders on Sunday,  urging them to take no action on a bid for the company by rival  miner BHP Billiton .
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Cia. Vale do Rio Doce Chief Executive Roger Agnelli said he&#39;s still interested in acquiring Canadian mining company Noranda Inc.
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BHP Billiton, the world&#39;s biggest miner, approved a total of $1.5 billion to expand its copper and iron ore output amid increasing global metals demand led by China.