BHP slows iron ore expansion on price drop

2015-04-22 17:45

BHP Billiton will curb the pace of its iron ore expansion in Australia as a supply glut sees prices trade near a 10-year low.

SA mine workers halt strike

2015-04-08 14:16

BHP Billiton has reached an agreement with the largest union at its Hotazel manganese mines in South Africa, ending a 12-day strike over bonus payments.

Sasol damages suit amounts to R80m

2015-04-05 21:28

The entire coal mining industry faces a legal attack, following a R80m civil suit against Sasol for damages relating to lung diseases.

Ex-Xstrata CEO under pressure for new mining deals

2015-04-02 18:23

Former Xstrata boss Mick Davis is coming under pressure to build a new mining empire with the $6bn in capital he has raised, a year after launching a private fund.

Glencore cuts Australia coal output on weak demand

2015-03-01 11:15

Mining and commodities giant Glencore Xstrata says it is reducing its coal production in Australia by 15 million tons amid weak global demand and oversupply.

Power cuts to shave 10% off Hulamin's profit

2015-02-23 14:18

Aluminium products maker Hulamin has swung to a full-year profit, but warns it could lose 10% of its profit if power cuts by Eskom to its operations continue.

Uncertainty on JSE continues

2014-12-12 14:28

The uncertainty on the JSE has continued, with financial shares being the biggest losers this time.

Hulamin buys BHP's SA aluminium casthouse

2014-11-24 15:02

Aluminium-products maker Hulamin is part of a group which has signed a deal to buy a casthouse from BHP Billiton, sending its shares higher.

BHP tests 40-yr US ban on crude exports

2014-11-05 10:54

BHP Billiton is planning to ship ultra light oil from the US without government permission, a move that will test a four-decade ban on crude exports.

SA could declare minerals as strategic

2014-10-14 17:55

Mineral Resources Minister Ngoako Ramatlhodi says the mineral bill paves the way to declare certain minerals such as coal and iron ore as strategic for the country.


S&P warns of imminent downgrade for miners

2015-04-14 11:09

Standard & Poor's has warned it may soon downgrade several mining companies as it lowered its iron ore price estimates for the next couple of years.

Australia chases BHP, Rio Tinto on tax shelter

2015-04-07 12:12

Australia is pursuing global miners BHP Billiton and Rio Tinto for shifting billions of dollars in iron ore profits through marketing hubs in Singapore.

Workers at BHP mine down tools over share scheme

2015-04-02 19:34

Mineworkers affiliated with the NUM have downed tools at the Hotazel Manganese Mines, a subsidiary of BHP Billiton, over a disagreement about an Employee Share Ownership Scheme .

BHP to spin off South32 with modest debt

2015-03-18 18:58

BHP Billiton says a proposed $13bn spinoff of South32 would give the miner a strong chance to ride out tough conditions in commodity markets.

Billiton boosts European shares to 7-yr high

2015-02-24 14:30

European shares have hit 7-yr highs after BHP Billiton's positive results, and expected cost savings at network operator Telefonica Deutschland from its E-Plus buy.

Oil prices have reached 'bottom' - Iraqi minister

2015-01-21 11:30

Oil prices are unlikely to fall further after a plunge since June, says the Iraqi Oil Minister Adel Abdul Mahdi.

Celebrating SA success on the global stage – Naspers and Glencore

2014-11-25 16:14

Alec Hogg looks at the global success of Koos Bekker and Ivan Glasenberg, two South African born and bred entrepreneurs whose businesses are in the news today.

BHP Billiton signs R10bn empowerment deal

2014-11-24 13:13

BHP Billiton has agreed to sell its Bayside casthouse in Richards Bay to Isizinda Aluminium, a broad-based black economic empowerment consortium.

BHP Billiton to limit annual capex to $14bn

2014-10-27 17:52

BHP Billiton says it expects to limit annual capital expenditure to $14bn after a planned demerger next year.

BHP considers listing in London, Sydney

2014-09-25 10:08

Miner BHP Billiton is considering listing a planned spin-off company in London as well as in Sydney and Johannesburg, it said in a letter to shareholders.

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