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 Nov 21, 2009  
 
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India diamond units face shortage of roughs
Now most of the diamond mining companies, including De Beers, BHP Billiton, Rio Tinto and Alrosa, decreased the rough diamond production following the economic downturn in 2008. In the first quarter o....
 
BHP Billiton’s Q1 diamond production up 1%
Compared with the previous quarter, the group’s diamond production fell 14 per cent due to lower ore processing at its 80 per cent-owned Ekati mine in Canada. Production continues to be influenc....
 
Uranium stocks gain as BHP’s mine closed
In addition to Cameco’s gains, shares of smaller uranium producers including Paladin Energy Ltd climbed more than 9 per cent. Uranium One Inc, which produces uranium concentrate called yellowcak....
 
BHP launches takeover bid for United Minerals
Worlds’ largest mining company, BHP Billiton Ltd on Friday said it will launch a $188 million bid to takeover United Minerals Corporation.....
 
India’s iron ore industry in a soup
India may also lose ground to global iron ore majors BHP Billiton and Rio Tinto in China market. These companies, which generally trade on long-term contracts, began to aggressively enter the spot mar....
 
China's hunger for base metals
We are used to hearing about big names such as Australia's BHP Billiton Ltd. (NYSE:BHP), which could be selling some nickel; Rio Tinto plc (NYSE:RTP), which wants to rebuild ties with China (on a poli....
 
BHP’s Shenzi field crosses production hopes
Commodity Online
BHP Billiton Ltd. (ASX:BHP) has announced that the Shenzi field in the Gulf of Mexico is delivering output which is beyond the facility's supposed capa....
 
Alloy Steel Int’l in supply-deal with BHP
Commodity Online
Alloy Steel Int’l (OTC: AYSI) subsidiary Alloy Steel Australia (Int’l) Pty. Ltd. has signed a long term strategic supply agreement with BHP....
 
BHP, Rio Tinto eye tie-up in Canada
BHP is thought to have sent employees to Canada to investigate how a merger of the two companies’ diamond mines could work. While a potential merger of the diamond operations doesn’t offer....
 
BHP, Exxon tie-up for Filipino gas project
Mining major BHP Billiton Pty. Ltd. (ASX: BHP) is willing to exercise its option to participate in an oil and gas exploration project in Southern Sulu Sea (Philippines).....
 
Iron ore prices slip, sponge iron makers happy
The prices of iron ore, the only raw material for sponge iron making, with iron content between 63 and 63.5 per cent, shot up in early August to $115-118 a tonne as long-term contracts between Chinese....
 
Jakarta’s ANTAM seeks BHP coal mine
Indonesian Aneka Tambang (JAK:ANTM) is willing to take an active participation with the mining working area (WKP) which is owned by Australian mining major BHP Billiton (ASX:BHP) in Maruwai, Central K....
 
Iron ore prices crash help sponge iron makers
The prices of iron ore, the only raw material for sponge iron making, with iron content between 63 and 63.5 per cent, shot up in early August to $115-118 a tonne as long-term contracts between Chinese....
 
Toledo Mining updates on Berong Nickel Operations
Toledo Mining Corp. (LON: TMC) has announced that a third shipment of ore has been shipped to BHP Billiton's (ASX: BHP) Yabulu refinery from the Berong mine on Palawan island in Philippines containing....
 
BHP Billiton reports 65% fall in profits
BHP Billiton, the world’s largest mining company, reported a 65 percent decline in second- half profit after metal prices and demand plunged during the global recession.....
 
CIL to join hands with BHP, Rio & Anglo American
CIL said it has floated global expression of interest for a strategic partnership with global mining firms like BHP Billiton, Rio Tinto, Anglo American. CIL is a great company in India but not a big n....
 
Alcoa acquires BHPs mining facility in Suriname
Alcoa (NYSE:AA) has announced that Alcoa World Alumina LLC has completed its previously announced transaction to acquire BHP Billiton’s bauxite and alumina refining interests in Suriname. Terms ....
 
Steel sector and delayed iron ore price negotiations
Iron ore price negotiations, usually wrapped up by a June 30 deadline, have instead gone on for months this year, with the big three - Rio Tinto, Vale and BHP - still at the bargaining table with Chin....
 
Deadlock ends in China’s iron ore talks
It seems the deadlock is over with BHP Billiton Ltd, the world’s largest mining company, agreeing to sell 30 per cent of its iron ore under new pricing mechanisms.....
 
BHP Billiton agrees for iron ore price cut
World's third-largest iron ore miner, BHP Billiton on Wednesday agreed with unnamed customers to take a 33 to 44 per cent price cut for contracted iron ore shipments, covering 23 per cent of its total....
 
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