BHP Billiton posts record 15.4-billion-dollar profit (AFP)
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 despite a global slowdown.
BHP's Rio takeover prospects start to dim
Rio Tinto Group Chief Executive Officer Tom Albanese is proving to be an elusive target for BHP Billiton CEO Marius Kloppers now that the slowing economy, fading stock and commodity markets and a skeptical European Union are undermining the $156b bid.
Australian watchdog flags concerns...
AFP - Australia's competition watchdog raised concerns about mining giant BHP Billiton's bid for rival Rio Tinto Friday, saying the merger could hurt competition in the global...
Rio takeover raises concerns: ACCC
THE Australian Competition and Consumer Commission says BHP Billiton's proposed $US170 billion ($195 billion) takeover of Rio Tinto may raise concerns in the global iron ore...
ACCC asks for comment on BHP bid for Rio
The ACCC has called for further comment on BHP Billiton's proposed takeover of Rio Tinto following concerns over pricing power for iron ore was raised.
'We're worth more', Rio tells BHP
Tom Albanese says Rio Tinto is worth 'much, much more' than the $US165 billion BHP Billiton offered.
BHP Billiton not aware of any effort...
BHP Billiton Ltd. said Thursday it is not aware of any move by China to take a substantial stake in the miner, responding to a media report that helped boost the company's...
ACCC starts review of BHP's Rio bid
The competition watchdog has commenced its review of the proposed acquisition of Rio Tinto by BHP Billiton.
EU widens antitrust probe into BHP Billiton's proposed acquisition of Rio Tinto
The European Commission on Friday widened its antitrust probe into the proposed acquisition of Rio Tinto Inc. by BHP Billiton Ltd., saying an initial investigation revealed concerns about higher prices and reduced choice for EU customers of the mining concerns.
BHP out to smash profit record
BHP BILLITON will this afternoon report its second set of earnings since launching a $US170 billion hostile scrip bid for Rio Tinto in February, setting the stage for another war of words between the duelling miners.
ACCC begins review of BHP merger plan
The competition watchdog has commenced its review of the proposed acquisition of Rio Tinto by BHP Billiton.
BHP boss spruiks Rio bid
BHP Chairman Don Argus tells Rio shareholders his hostile $US148 billion takeover offer will generate 'substantial, additional' value.
Albanese gets better of Kloppers
Rio is proving to be an elusive target for BHP as the slowing economy and a sceptical EU undermine the hostile bid.
BHP files for bid clearance
BHP Billiton's battle to win control of Rio Tinto has entered a critical phase.
BHP Mitsubishi buys $2.4b coal project
BHP Billiton announced that the BHP Billiton Mitsubishi Alliance (BMA) will acquire the New Saraji coal project in Qld for $US2.4 billion ($A2.46 billion).
Iron ore, coal fuel EU fears on...
THE insistence of BHP Billiton's chief executive, Marius Kloppers, that his company's bid for Rio Tinto is about "more volume, more quickly" rather than increased pricing power...
Road Looks Smoother For BHP's Rio Bid
Australia's competition regulator greenlighted the takeover proposal, which could signal that the European Commission may decide the same way, putting pressure on the target firm.
EU widens Billiton-Rio Tinto probe
The European Commission on Friday widened its antitrust probe into the proposed acquisition of Rio Tinto Inc. by BHP Billiton Ltd., saying an initial investigation revealed concerns about higher prices and reduced choice for European customers of the mining concerns.
BHP Billiton pushes banks on $55b loan
BHP Billiton is expected to sign banks into the record $US55 billion ($A59.71 billion) loan backing bid Rio Tinto.
Focus turns to small investors
BHP BILLITON has begun courting retail stockbrokers as it intensifies its campaign to win over Rio Tinto's shareholders with its $US147 billion ($157 billion) hostile offer.
Australia Steps Out Of Chinalco's Way
The Chinese firm is granted freedom to raise its stake in mining giant Rio Tinto.
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.
Rio defends its rejection of BHP bid
Rio Tinto Ltd has reiterated the inadequacy of a $US170 billion ($A179.36 billion) bid to take over the group by BHP Billiton Ltd.
Rio fends off BHP
Rio Tinto reiterates the inadequacy of BHP Billiton's $179.36 billion bid, after the chief executive of its rival launches a stinging attack.
ACCC targets iron ore in BHP-Rio bid
The ACCC wants further comment on BHP's takeover of Rio after concerns over competition in iron ore were raised.
ArcelorMittal Digs Self-Sufficiency
Steelmaker buys Brazilian iron ore producer as it ramps up production from the country.