Brazil sues mining company in dam tragedy

2016-05-04 22:04

Shares in BHP Billiton tumbled after Brazil's Federal Public Prosecution announced it had launched a $43 billion civil suit for a dam break that caused the worst environmental disaster in Brazil's history.

Biggest sovereign fund excludes 52 coal-related groups

2016-04-14 17:32

Norway's sovereign wealth fundhas excluded 52 coal-related companies after new ethical guidelines went into effect barring it from investing in such groups.

Panama Papers: BHP Billiton unaware of ‘high risk’ review

2016-04-04 14:14

BHP Billiton says it was unaware of Mossack Fonseca's internal assessment after the Panama Papers leak showed that a financial transaction sparked a “high risk” warning.

South32 flags $1.7bn writedown, massive SA job cuts

2016-02-04 07:07

Mining giant BHP Billiton's South32 spin-off has announced $1.7bn in asset writedowns and says it will axe hundreds of jobs in South Africa.

BHP, Rio evade worst as cyclone misses major ore port

2016-01-31 17:27

BHP Billiton, Rio Tinto and other iron-ore producers in Australia have evaded the worst of Cyclone Stan after it missed major export hubs and weakened as it moved inland.

An eye on the JSE's top five

2016-01-19 09:04

Experts share their views on the JSE's top stocks. Among these is AB InBev, which is now the top JSE-listed company.

South32 interested in $1bn Anglo sale

2016-01-13 20:00

South32 is considering bidding for Anglo American’s $1bn niobium and phosphate business in Brazil, according to three people familiar with the situation.

Fish rescued from Brazil dam burst river

2015-11-16 21:01

Teams of biologists are working in Brazil to rescue fish from a river that was contaminated after two dams at an iron ore mine breached.

BHP spinoff and Gupta Uranium enter our JSE Top 100 Companies list

2015-06-29 16:21

Alec Hogg has been working on the update of theJSE’s Top 100 Companies, and mentions some interesting changes since the end of 2014.

Gloomy mining chiefs see copper-tinted light at end of tunnel

2015-05-24 12:19

The world’s biggest mining companies haven’t agreed on much lately as they argue about how to deal with a glut of iron ore and coal.


One company. Three deals. So many questions.

2016-04-29 06:30

Optimum Coal has been sold three times in less than 10 years. It provides the prevailing South African story of some inexplicable deals involving politically connected individuals and companies.

Anglo American just won't sell the mines its rivals want

2016-04-05 13:55

For Anglo American, life would have to get a whole lot worse before it considers selling its best copper mines.

Eskom: It's not us holding back Nersa tariff report

2016-03-29 17:08

Eskom is not the reason why the Nersa report on tariff hikes has not been released to the public, according to the utility's spokesperson Khulu Phasiwe.

BHP Billiton reacts to Standard & Poor's review

2016-02-02 14:04

BHP Billiton reacts after Standard & Poor's has lowered the credit ratings of BHP Billiton Limited and BHP Billiton plc.

BHP may need $10bn stock sale - analyst

2016-01-22 10:05

BHP Billiton needs to raise as much as $10bn in a sale of new stock to its investors if it wants to keep its credit rating, a top-ranked analyst says.

BHP takes $7.2bn hit on US shale assets

2016-01-15 15:26

Plunging global energy prices have forced BHP Billiton to book a $7.2bn pre-tax write down against the value of its struggling onshore US assets.

South32 to cut 400 jobs at Kuruman mine - NUM

2016-01-07 12:44

South32 plans to cut 447 jobs at the Hotazel manganese mine in Kuruman, the National Union of Mineworkers says, in the latest in a slew of layoffs in the embattled industry.

BHP cuts China steel forecast as profits plunge

2015-08-25 12:02

BHP Billiton says its full-year profit has plunged as commodity prices tumbled and has cut its forecasts for steel demand and output in China, its largest customer.

South32 mulls manganese writedown

2015-06-09 12:54

South32 says it may reduce the value of its 60% stake in a manganese venture as it keeps furnaces shut due to low prices for the steelmaking ingredient.

BHP chief lashes out at Aussie iron ore inquiry

2015-05-19 19:31

An inquiry into the economic impact of a slump in the iron ore price could damage Australia's economy and drive Asian customers to shift investment to Brazil.

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