Stock market ends lower
February 28, 2008
The Australian share market finished in negative territory for the first time this week, with the banks weighing down the bourse.
BHP Billiton raises hostile bid for Rio to 147.4 bln dlrs (AFP)
AFP - 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.
BHP Billiton raises hostile bid for Rio to 147.4 bln dlrs (AFP)
AFP - 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. 
Shares of BHP Billiton, Rio Tinto...
Shares of BHP Billiton Ltd. and Rio Tinto Ltd. surged in Australia on Wednesday as fresh rumors swirled around the two companies linked by what could be the largest takeover...
Rio Tinto: We don't need BHP
Rio Tinto has said it is still dismissive of the $135 billion all-stock hostile takeover bid by BHP Billiton and that it is doing fine on its own.
Rio Tinto says talks continuing over...
AFP - Global miner Rio Tinto said Monday it was still discussing 2008 iron ore prices with customers after rival Vale of Brazil won a massive 65 percent increase from its Asian...
BHP Billiton raises bid for Rio Tinto...
AFP - BHP Billiton said Wednesday it had raised its bid for Rio Tinto to 3.4 BHP shares for each Rio Tinto share, valuing the world's third biggest miner at 147.4 billion dollars.
Rio Tinto set for iron ore price rise
Rio Tinto says it is in a strong position to achieve a premium price for its iron ore from Chinese steelmakers.
BHP and Rio Tinto lead market higher
The Australian sharemarket closed higher yesterday, boosted by strong rises in global miners BHP Billiton and Rio Tinto.
BHP Billiton raises Rio Tinto takeover bid (AFP)
AFP - BHP Billiton sweetened its bid for Rio Tinto Wednesday, lifting its valuation of the mining giant to 147.4 billion dollars as it presses for a mega-takeover to exploit a resources boom driven by China.
China, US aluminum giants buy into Rio Tinto (AFP)
AFP - Chinese aluminium giant Chinalco said Friday it and US peer Alcoa have bought a 12-percent stake in Anglo-Australian miner Rio Tinto, setting up a possible takeover tussle with rival BHP Billiton. 
Rio Tinto Profit Up on Record Production
The company posted a 9 percent rise in half-year underlying profit, helped by record iron ore production, and again rebuffed a hostile takeover bid by BHP Billiton.
Rio Tinto: BHP Billiton needs to...
BHP Billiton needs to "considerably" raise it's takeover offer for rival miner Rio Tinto before the company will enter into talks, a senior Rio Tinto executive said Wednesday.
Rio Tinto: BHP Billiton needs to...
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Rio Tinto rejects BHP Billiton...
AFP - Anglo-Australian mining giant Rio Tinto said Wednesday that it had rejected a 147.4-billion-dollar (100.9-billion-euro) takeover bid from peer BHP Billiton.
BHP Billiton and Rio Tinto demand 200...
BHP Billiton and Rio Tinto are to deliver a crippling blow to Asian steel
firms this week by demanding a 200 per cent increase in coking coal prices
that their customers will...
Rio Tinto to enforce iron ore price hike
Rio Tinto, the mining giant being stalked by rival BHP Billiton, is
threatening Asian steelmakers that it will sell iron ore on the lucrative spot
market unless they agree to...
BHP Billiton executives say Rio Tinto takeover bid will go to European regulators within weeks
A BHP Billiton Ltd. executive said the world's largest miner will submit its first paperwork with European Union regulators regarding its planned takeover of rival Rio Tinto Ltd. within weeks.
BHP makes formal bid for Rio Tinto
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Mining giant Rio Tinto's sees net...
AFP - The world's third-largest miner Rio Tinto said Wednesday its full-year net profit fell almost two percent in 2007 to 7.312 billion US dollars as it again rejected a...
Rio Tinto's annual net profit falls...
AFP - The world's third-largest miner Rio Tinto said Wednesday its full-year net profit fell almost two percent in 2007 to 7.312 billion US dollars as it again rejected a...
Rio Tinto: BHP needs to raise offer ...
AP - A senior Rio Tinto executive on Wednesday said BHP Billiton would have to raise its already-sweetened takeover offer "considerably" to lure the miner into talks.
BHP makes formal bid for Rio Tinto
Read full story for latest details.
BHP makes formal bid for Rio Tinto
Read full story for latest details.
BHP beefs up WA alumina refinery
BHP Billiton approves an expansion project at Worsley Alumina in Western Australia for an estimated capital investment of $2 billion.
05/01/08
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