BHP may seek more JVs, warns on sluggish recovery

Miner BHP Billiton is considering more joint ventures like its 50:50 iron-ore deal with Rio Tinto as it seeks to increase production while keeping costs under control. BHP’s stance as the world’s biggest mining company means takeovers would be rare since it is only seeking huge assets, CE Marius Kloppers told the group’s annual meeting [...]

BHP to look for more joint ventures as recovery is expected to be slow

The group is looking to increase production while keeping costs low Read more….

BHP chairman tells China: game on

Global miner BHP Billiton acknowledged on Thursday that it and other iron-ore producers had at times upset their major customer China and said that Beijing realised it had "to play with the big boys". In a parting shot at Chinese anger over high iron ore prices and over BHP’s plans for a $116-billion iron-ore joint [...]

BHP Billiton chair says China realizes it needs to play with the big boys

Don Argus said that despite tensions between Beijing and Australia, BHP’s China business continued normally Read more….

BHP’s iron-ore output hits record, Olympic Dam faces disruptions

Global diversified giant BHP Billiton on Wednesday reported that it had recorded record quarterly production in its iron-ore and coal divisions, and warned that output from its Olympic Dam uranium/copper mine would be affected by a damaged shaft. The company said in a statement that iron-ore production had risen to 30,1-million tons during the September [...]

BHP suspends operations at SA coal mine after fatal accident

Diversified miner BHP Billiton on Tuesday reported a fatality at its Khutala Colliery opencast operations, in Mpumalanga. The company said in a statement that an initial investigation had indicated that the miner was travelling in a light vehicle when a piece of coal fell from a loaded 25-t haul truck travelling in the opposite direction. [...]

Force majeure leaves BHP Billiton in Rio Tinto’s shadow

BHP’s forecast for a 5 to 10% rise in production at Escondida failed to dispel the disappointment over a fall in quarterly copper output Read more….

BHP declares force majeure on copper and uranium supplies at Olympic Dam

The group said it does not expect to resume full output to resume until 2010 Read more….

Norilsk, BHP plan to mine Russian coal from 2015

Norilsk Nickel plans to start mining coal with BHP Billiton in the Russian Arctic from 2015, the first production to result from a three-year-old alliance between the mining giants. BHP Billiton, the world’s largest miner, will join Norilsk in developing the Syradasai deposit in a project that could eventually produce as much coking coal for [...]

BHP, Rio JV abandons plan to jointly market Pilbara iron-ore

Diversified miners BHP Billiton and Rio Tinto have decided not to proceed with joint marketing activities from their joint-venture (JV) iron-ore operations in the Pilbara region of Western Australia, the companies announced on Thursday. In June, BHP Billiton and Rio Tinto agreed to combine their Western Australian iron-ore assets. Under the agreement, up to 15% [...]

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