BHP Billiton revives Alcoa bid plans: paper
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BHP Billiton Ltd./Plc  , the world's biggest mining group, has revived plans for a $40 billion takeover of aluminium producer Alcoa Inc. , the Times newspaper said in an unsourced report on Monday.
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Leading shares have closed higher, reaching day highs, with the mining sector in fine fettle as the rumour mill resuscitated talk BHP Billiton and Rio Tinto could be sizing up Alcoa, which was among the gainers that led Wall Street higher.
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BHP increased its takeover offer to about $147 billion after a Chinese rival bought a stake in Rio Tinto last week.
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Iron ore miner BHP Billiton has announced a further expansion of its Pilbara operations, to meet continuing demand in Asia. Under its $780 million Rapid Growth Project, BHP Billiton will increase its overall
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Anglo-Australian mining group BHP Billiton has said it had made an offer to workers at its Spence copper mine in Chile in a bid to avoid another damaging strike.
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Australia's Alumina Ltd. , said  it had no information regarding media speculation that BHP  Billiton Ltd./Plc.  or Rio Tinto Ltd./Plc   may bid for its partner Alcoa Inc. .
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The world&#39;s biggest miner, BHP Billiton, was tightlipped Monday on reports that it is considering making a 50 billion US dollar takeover bid for US aluminium giant Alcoa Inc.
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BHP Billiton    is unlikely to increase its $130 billion unsolicited  proposal to acquire mining rival Rio Tinto   by  a February 6 deadline, The Wall Street Journal reported on  Monday. BHP could be trying to pressure Rio to negotiate by  holding firm with its three-for-one share offer, which has yet  to be formalized, the newspaper said, citing sources familiar  with the company's plans.
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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.
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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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Shares of Alcan Inc. rose after reports of possible takeover offers from Norsk Hydro ASA and Rio Tinto Group raised expectations of a bidding war with Alcoa Inc. for the Canadian aluminum producer.
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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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Aluminum producer Alcan Inc.  has begun negotiating toward a merger agreement with Rio Tinto Plc to fend off a hostile bid from U.S. rival Alcoa Inc. , a Canadian newspaper said on Wednesday.
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Alcan Inc. has begun negotiating toward a merger agreement with Rio Tinto PLC to fend off a hostile bid from U.S. rival Alcoa Inc., Canada's the Globe and Mail newspaper reported on its Web site.
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Anglo-Australian mining giant BHP Billiton and Alcoa, the world's largest aluminium producer, have agreed to sell their metal services joint venture Integris Metals for 660 million dollars (359 million pounds) including debt, a joint statement said.
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Business travel specialist Hogg Robinson revives plans to list on the stock exchange, a week after shelving the move.
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The world's biggest miner BHP Billiton has responded to a deadline from British authorities on its proposed takeover bid for Rio Tinto by saying it is still seeking discussions with its rival.