Miners slide again as FTSE treads water
November 28, 2008
BHP Billiton managed to outperform a falling mining sector after a Merrill
Lynch buy note and the Australian press also reported chief executive Marius
Kloppers saying he would not risk the companies credit rating in any
acquisition he might do.
BHP Billiton abandons bid for Rio Tinto
BHP Billiton Ltd., the world's biggest mining company, abandoned a hostile $68 billion takeover bid for rival Rio Tinto Ltd., blaming the global economic downturn and plunging commodity prices.
Rio Tinto says it is comfortable with debt level
Mining giant Rio Tinto on Wednesday sought to allay concerns about its debt levels a day after bigger rival BHP Billiton abandoned a takeover bid for that reason, sending Rio's share price plummeting. 
BHP Billiton posts record...
AFP - The world's biggest mining company BHP Billiton Ltd. posted a record 15.39-billion-US-dollar annual net profit Monday and said it expected Asian demand to remain strong...
BHP Billiton posts record...
AFP - The world's biggest miner BHP Billiton on Monday announced record annual net profits of 15.39 billion US dollars (10.46 billion euros), driven by soaring commodity prices...
Australia approves Chinalco's stake...
Australia has approved Aluminum Corp. of China Ltd.'s stake in miner and takeover target Rio Tinto Ltd., Treasurer Wayne Swan said Sunday.
BHP Billiton poised for record profit
BHP Billiton is set to deliver a record annual profit in excess of $US15 billion ($A17.26 billion), underpinned by a strong result from its petroleum division.
E.U. Opens Fire On BHP
Regulators lodge objections to bid for Rio Tinto on competition grounds.
Europe May Balk At Mining Mega-Merger
A report surfaced that the European Union may object to BHP Billiton's proposed Rio Tinto takeover on antitrust grounds, sending both companies' shares plummeting in Sydney.
Japan gives 11-day ultimatum to BHP over hostile Rio Tinto takeover
The Japanese Government has ordered BHP Billiton, the world's largest miner, to provide details of its proposed $78 billion ($£48.3 billion) takeover of Rio Tinto within 11 days or face possible criminal prosecution.
EU threat to Rio Tinto takeover
EUROPEAN regulators are this week expected to threaten to stop the proposed takeover of Rio Tinto by BHP Billiton because of the dominance the pair have over the world’s supply of iron ore.
BHP Billiton reports record annual...
AP - BHP Billiton Ltd., the world's largest mining company, has reported a record annual profit and says it expects demand for commodities to remain strong.
BHP Billiton posts record annual profit
BHP Billiton Ltd, the world's largest mining company, has reported a record annual profit and says it expects demand for commodities to remain strong.
BHP Billiton reports record annual...
BHP Billiton Ltd., the world's largest mining company, has reported a record annual profit and says it expects demand for commodities to remain strong.
BHP Billiton's bid for Rio Tinto...
The European Union has begun a full investigation into BHP Billiton's proposed
$170billion ($£85.8billion)takeover of Rio Tinto, its rival.
Chinalco May Snag More Of Rio Tinto
Before increasing its stake in the miner, the Chinese aluminum maker is waiting to test market conditions.
Rio Tinto upbeat on commodities as...
Rio Tinto, the world's second largest miner, today revealed a 51.8 per cent
rise in profit for the first six months of the year due to soaring commodity
prices as it...
Investors furious as BHP pulls plug on costly pursuit of rival Rio Tinto
BHP Billiton’s hostile pursuit of Rio Tinto, its mining rival, ended yesterday, bringing to a halt an extraordinary bonanza for advisers who have reaped more than £400 million in fees and other payments from the failed bid effort (see Commentary, facing page).
BHP Billiton and Rio Tinto: the cost of throwing in the towel
It usually takes years for shareholders to discover how much value has been destroyed by an ill-conceived merger. For investors in BHP Billiton and Rio Tinto, the bills have arrived much more quickly.
Rio Tinto to cut 14,000 jobs to cope...
Rio Tinto Group will cut 14,000 jobs worldwide and reduce capital investment as part of new measures to reduce its debt amid waning demand for iron ore and other metals, the...
US antitrust regulator clears BHP...
Global mining giant BHP Billiton said Thursday that U.S. antitrust regulators had granted partial approval for its US$170 billion hostile takeover bid for rival Rio Tinto.
BHP Billiton and China's Baosteel...
BHP Billiton said Friday it has reached agreement with China's Baosteel on prices for iron ore deliveries, securing increases of up to 96.5 percent after protracted negotiations.
E.U. Stands In BHP's Way
The company's proposed Rio Tinto takeover is halted by the European Union over antitrust issues.
BHP Billiton says Chinese demand...
The world’s largest mining company, BHP Billiton, unveiled a record $15.4
billion profit this morning, fuelled by high commodity prices and continued
strong demand from China.$
BHP Billiton reports record annual...
BHP Billiton Ltd., the world's largest mining company, has reported a record annual profit and says it expects demand for commodities to remain strong.