China may probe BHP's bid for Potash

by Reuters | 01-SEP-10 | 0 comments

China may launch an antimonopoly probe into BHP Billiton's $39bn bid for Canada's Potash Corp, the China Business News says. Read >

BHP to be 'disciplined' in Potash bid

by David McKay & Bonolo Modise | 25-AUG-10 | 0 comments

BHP Billiton boss, Marius Kloppers, discounted a protracted bidding war for Canadian firm, Potash Corp. saying the group would be "as disciplined as ever" in its $39bn offer. Read >

BHP earnings set to jump 50pct

by Reuters | 24-AUG-10 | 0 comments

BHP Billiton looks to strengthen its hand this week in its $39bn bid for Canadian fertiliser group Potash Corp as second half earnings are expected to rise 50%. Read >

Potash bid hots up as rivals join fray

by Reuters | 23-AUG-10 | 0 comments

BHP Billiton's $40bn bid for Potash Corp is to face competition as unnamed suitors have the Canadian firm considering alternative transactions. Read >

Game afoot on BHP potash bid

by David McKay | 22-AUG-10 | 0 comments

BHP Billiton has opened bidding for Potash Corp. at just under $40bn but other bids could follow testing the miner's resolve, and its balance sheet. Read >

Diversified miners to post earnings surge

by Reuters | 28-JUL-10 | 0 comments

Blue-blooded mining groups such as BHP Billiton, Vale and Anglo American were set to produce stellar results in the coming weeks, analysts say. Read >

BHP Billiton wary of short-term demand

by Reuters | 21-JUL-10 | 0 comments

BHP Billiton posted record iron ore production figures but said it was cautious of short-term demand in the commodities market as China economy slows. Read >

BHP's Nasser encouraged by tax reform

by Miningmx reporter | 06-JUL-10 | 0 comments

Jac Nasser, BHP Billiton chairman, said he was encouraged by changes to planned tax reform in Australia, but added there was still detailed work to be done. Read >

State participation in mining will grow

by David McKay | 13-JUN-10 | 1 comments

Australia's super tax on resources is an indication that governments globally will increasingly seek to 'participate' in the mining sector, South Africa included. Read >

Deposed Eskom chief blames legacy

by Sikonathi Mantshantsha | 31-MAY-10 | 1 comments

Jacob Maroga, deposed Eskom chief, declared himself the victim of circumstance claiming the country's power crisis had been long in the making. Read >

BHP Billiton signs new power deal

by Reuters | 30-MAY-10 | 1 comments

A new power deal between Eskom and BHP Billiton has been signed for Mozal but similar redrafted deals on the South African aluminium smelters remain out standing. Read >

China cooks up own tax reform plan

by David McKay | 24-MAY-10 | 0 comments

China is considering its own type of tax reform which, combined with Australia's Henry review may actually have a positive effect on metal prices, according to a recent Goldman Sachs report. Read >

Miners stunned by Australia's tax overhaul

by David McKay | 02-MAY-10 | 3 comments

The Australian government's proposal to lift mining firm's effective tax rate to 57% could be ominous for the sector as it heads into another period of sustained higher commodity prices. Read >

BHP Billiton pulls rug under metal firms

by Jan de Lange | 02-MAY-10 | 0 comments

BHP Billiton, the world's largest mining group, has withdrawn from an electricity saving aluminium beneficiation plan because it allegedly earns more from exporting the metal directly. Read >

BHP Billiton to review Eskom contracts

by David McKay | 05-APR-10 | 8 comments

BHP Billiton said it would review electricity contracts with Eskom to its aluminium smelters in southern Africa, a development that would reduce volatility in the utility's earnings. Read >

BHP Billiton closes potash deal

by I-Net Bridge | 23-MAR-10 | 0 comments

BHP Billiton on Tuesday said it had completed the acquisition of Canadian company Athabasca Potash in a deal worth C$341m. Read >

Smelter contracts puts Eskom in dilemma

by Miningmx team | 18-MAR-10 | 0 comments

Eskom is trapped between government on one side and the private sector on the other regarding the smelter power contracts. South Africa can only lose. Read >

Eskom facing court on BHP Billiton deal

by Jan de Lange | 17-MAR-10 | 1 comments

Sake24, sister publication of Miningmx, is requesting a court order that will force Eskom to reveal the prices at which it supplies electricity to BHP Billiton's two aluminium smelters in Southern Africa. Read >

Sanlam wary of metals, resources

by Lauren Thys | 09-MAR-10 | 0 comments

This is not the time to invest in resource companies, according to Sanlam Private Investments, a South African asset management company. Read >

Big enough is no longer good enough

by David McKay | 07-MAR-10 | 2 comments

The move for size in the diversified mining sector is likely to continue but option value is becoming increasingly important. Read >

Beware of resource stock overshoot

by Vic de Klerk | 16-FEB-10 | 0 comments

You can't just say it's the stronger rand that has melted some of the resiliance out of South African stocks lately, argues Vic de Klerk. Read >

BHP Billiton ices share buy-back

by Reuters | 10-FEB-10 | 0 comments

Analysts say BHP Billiton's conservatism is wise considering the market was still uncertain and there were $12bn in project capital under investment. Read >

BHP approves funding for WA Iron Ore

by I-Net Bridge | 29-JAN-10 | 0 comments

Global resources giant BHP Billiton has approved $1.93bn of capital expenditure to secure accelerated growth of its Western Australia Iron Ore business. Read >

Worker dies at BHP Billiton

by I-Net Bridge | 22-JAN-10 | 0 comments

A fatal accident has occured at BHP Billiton's Khutala Colliery. Read >

Glencore could rival BHP, Rio Tinto

by Miningmx reporter | 07-JAN-10 | 0 comments

Glencore, the Swiss commodities trader, could rival BHP Billiton and Rio Tinto were it to list, says Nathaniel Rothschild, an investor and scion of the famous banking family. Read >

BHP injects $435m into Antamina

by I-Net Bridge | 06-JAN-10 | 0 comments

BHP Billiton would pump $435m representing its share of capital to expand Chile's Antamina copper and zinc mine. Read >

Exxaro, BHP Billiton tipped for 2010

by Marc Ashton | 05-JAN-10 | 0 comments

Exxaro Resources and BHP Billiton may be the quality resource plays to watch in 2010, but geopolitical risks in Russia and South Africa were worrisome, analysts said. Read >

Copper surges to 16 month high on strikes

by Reuters | 04-JAN-10 | 0 comments

Copper rose to a 16 month high on news that a strike had officially been called at Codelco's Chuquicamata, the world's second largest copper mine. Read >

BHP to play hardball on China refining fees

by Reuters | 24-DEC-09 | 0 comments

BHP Billiton is holding out for a hefty cut in copper treatment and refining charges with Chinese and Japanese copper smelters which are suffering the effects of margin shrinkage. Read >

BHP tipped to rapidly exit nickel business

by Reuters | 21-DEC-09 | 2 comments

BHP Billiton, having already quit some of its nickel business, is expected to reverse out of the industry completely, and quickly, analysts say. Read >

China set to pounce on iron ore talks

by Reuters | 11-DEC-09 | 0 comments

The Chinese are expected to have learned from this year's iron ore contract negotiations - when a sudden spot price recovery overtook events - and will push for an early settlement in 2010, analysts said. Read >

First Quantum pays $340m for Ravensthorpe

by Reuters | 09-DEC-09 | 0 comments

First Quantum, normally an operator of African-based assets, has made an astonishing move for one of BHP Billiton's costliest mistakes, the Ravensthorpe nickel mine in Australia. Read >

China expects rise in iron ore price

by Reuters | 03-NOV-09 | 0 comments

Iron ore prices were expected to increase next year, according to the China Iron and Steel Group. Read >

BHP looks to West

by | 13-AUG-09 | 0 comments

Global miner BHP Billiton is banking on a market upturn and subsequent increased demand to buoy its operations in the upcoming months. Read >

BHP Billiton looks for deals to grow

by Allan Seccombe | 22-JUL-09 | 0 comments

BHP Billiton sees an opportunity to snap up some assets in commodities that will supply emerging markets like China. It’s creating the single largest iron ore venture with rival Rio Tinto. Read >

Chinese slash iron ore prices 33%

by Reuters | 15-JUL-09 | 0 comments

But the cut in prices is seen as a victory for Rio Tinto and BHP Billiton as they were fighting off demands for 40% plus price cut in a row with China that has been subsumed in spying claims. Read >

Metmar seals deal with Minéro Zinc

by I-Net Bridge | 13-JUL-09 | 0 comments

Metmar, a metals trading company listed on the JSE, said it had bought a zinc company operating the Pering, formerly owned by BHP Billiton. Read >

BHP's Alumar expansion kicks in

by I-Net Bridge | 09-JUL-09 | 1 comments

BHP Billiton announced first production from its Alumar alumina refinery expansion in Brazil. Read >

BHP Billiton mothballs Aussie nickel mine

by Reuters | 13-MAY-09 | 0 comments

BHP Billiton has announced plans to mothball its Leinster nickel operation in Western Australian and blames the deterioration in nickel prices for the planned closure. Read >