Gina Rinehart: High costs hurt Australia

2014-07-30 12:31

Australia's richest person, mining magnate Gina Rinehart says her country needs to lower its costs if it wants to stop miners from moving to other countries.

BHP Billiton sharpens jobs axe

2014-05-27 17:06

BHP Billiton, the world's largest diversified mining company, has warned of job cuts at its Worsley Alumina operations in Australia after a review of the business.

Earthquake, tsunami hits Chile 5 dead

2014-04-02 08:18

A major earthquake of magnitude 8.2 has struck off the coast of Chile, triggering a tsunami, causing landslides that blocked highways and so far has lead to five deaths.

BHP posts record Australian iron ore output

2014-01-22 10:09

Mining giant BHP Billiton has posted record half-year iron ore production from Western Australia, but held back from improving the full-year outlook.

SA water polluted by mines to be mapped

2014-01-10 10:43

The Water Research Commission has embarked on an extensive study which aims to map surface and underground water currently influenced by mines.

Eskom reduces power supply to BHP smelters

2013-11-20 08:04

Eskom has reduced power supply to mining giant BHP's aluminium smelters, in line with an agreement to stabilise the national grid at times of stress

Investors cheer BHP's production numbers

2013-10-22 13:49

Shares in BHP Billiton have jumped almost 4% on the JSE after the mining giant raised its iron ore production targets on record quarterly output.

Expert calls for fair distribution of SA electricity

2013-10-18 11:30

Large industrial electricity users are not sustainable for South Africa as the cost of energy goes up for consumers, an industry expert has asserted.

Africa's top coal port expands capacity

2013-08-28 15:20

Africa's biggest coal export port is to be expanded in a $192m investment designed to help smaller South African mining companies send their output abroad.

BHP Billiton cuts top exec bonuses

2013-08-23 13:00

BHP Billiton says that it has cut bonus payouts to its top executives, as total returns to shareholders fell over five years.

Coal prices rise on strike talks

2013-08-13 15:08

Coal has been trading higher for the first time in six weeks, as unions declared a wage dispute and buyers stocked up ahead of winter.

Telecoms deal boosts European stocks

2013-07-23 11:16

European shares have climbed, hitting seven-week highs with a flurry of deal activity sparking a sharp rally in the telecoms sector.

Australia to scrap carbon tax

2013-07-15 07:51

Australia plans to scrap its carbon tax, which applies to around 300 of the biggest polluters, including mining giant BHP Billiton.

Eskom turns to Billiton to meet demand

2013-06-14 08:53

Two BHP Billiton energy-gobbling aluminium smelters have reportedly temporarily been turned off by Eskom because demand for electricity exceeded availability.

Mine strife a test for private equity

2013-04-29 20:12

With the world's largest miners flocking to sell assets, private equity funds may finally be tempted into a sector long seen as potentially lucrative but risky.

New BHP boss takes $150 000 pay cut

2013-04-18 17:23

BHP Billiton's incoming CEO Andrew Mackenzie will take home a base salary of $150 000 less than outgoing boss Marius Kloppers, amid sweeping management changes.

BHP affirms targets despite weather

2013-04-17 08:41

Mining giant BHP Billiton affirmed full-year guidance for its major products, reporting a "robust" quarter of output despite weather issues in Australia.

BHP: Eskom must honour power deals

2013-04-03 08:59

BHP Billiton says it expects Eskom to honour deals that are letting the mining giant buy electricity for its smelters at just over half the cost of production.

BHP freezes Gabon mining projects

2013-04-02 13:02

BHP Billiton is halting all its projects in Gabon, dashing government hopes for sizeable investments in manganese and iron ore production, a source says.

Eskom's BHP deal a scandal, says party

2013-03-22 14:56

The contract which allowed Eskom to sell electricity to BHP Billiton at less than one-fifth of the tariff paid by consumers is a scandal, the FF Plus says.

Billiton: Eskom deal had govt backing

2013-03-17 17:35

BHP Billiton says its Eskom contract had the full support of the government, following a court ruling that it must make public the prices it pays for electricity.

BHP Billiton faces corruption probe

2013-03-13 09:30

The US is investigating JSE-listed global miner BHP Billiton for corrupt practices, after reports it was being probed for its sponsorship of the 2008 Beijing Olympics.

Global miners to act as profits plunge

2013-02-12 13:00

Global mining firms are set to unveil their biggest profit-falls in more than a decade and are clearing the decks with multi-billion-dollar writedowns.

BHP Billiton to sell stake in gas JV

2012-12-12 08:13

BHP Billiton says it has signed an agreement with PetroChina International Investment to sell its stakes in its Browse Joint venture for $1.63bn.


BHP, Anglo seek to sell joint assets

2014-07-24 09:14

BHP Billiton and Anglo American are looking to sell their jointly owned manganese assets portfolio, according to a report.

Mining giants warn of job cuts in Australia

2014-05-26 13:22

Mining heavyweights BHP Billiton and Rio Tinto have warned that they could shut operations and slash jobs over Australia's high taxes and costs, a report says.

Relief rally in Naspers buoys JSE

2014-01-28 13:12

A recovery in the Naspers share price, which lost more than 9% of its value over the previous two sessions, has kept the JSE afloat.

JSE still running strong

2014-01-19 18:56

The reasons for the strong performance of mining and commodity shares are twofold, and focus will now turn to the platinum price amid planned strike action.

Eskom: Power outlook slightly better

2013-11-20 11:19

Eskom says the power supply outlook has improved slightly after it declared a power "emergency" the previous day, although the grid remains vulnerable.

BHP Billiton blasts Molefe

2013-10-25 11:55

BHP Billiton is disappointed at Transnet CEO Brian Molefe's portrayal of the miner as choosing its "own interests" above those of small coal exporters.

BHP Billiton abandons India projects

2013-10-21 16:29

Global mining and energy giant BHP Billiton says it has given up on nine Indian oil and gas projects due to delays in carrying out exploration at the sites.

Glencore halts $7bn Australian mine

2013-09-11 12:06

Mining giant Glencore Xstrata says it has put its proposed $7bn Wandoan open-cut energy coal project in Australia on hold as oversupply drags on prices.

'Australia's mining boom not yet over'

2013-08-26 13:00

Former Chinese commodities trader Jerry Ren, who is quietly building a mining empire in the Australian outback, scoffs at talk the resources boom is over.

Billiton's accounting hiding losses

2013-08-21 14:27

The way BHP Billiton has reported its latest financial results raises the question about whether it actually wants to hide some local losses.

Ex-CEO: Machines can end mine strife

2013-08-05 09:36

Platinum miners should have pushed through mechanisation years ago to avert the challenges the sector is currently facing, says former Lonmin boss Brad Mills.

Small miners face major headache

2013-07-22 09:35

Opportunities to develop small iron mines are fast disappearing, as cash dries up and miners are unable to compete with the sector's heavyweights.

Many mineworkers die poor, says Holomisa

2013-06-18 07:00

Mining firms such as Anglo American and BHP Billiton should transfer some of their mining rights to the people, says UDM leader Bantu Holomisa.

Zuma makes global power list

2013-05-02 20:08

Nine South Africans, including President Jacob Zuma, Helen Zille and bosses of top firms have made the list of 500 most powerful people by a global magazine.

New BHP boss shakes up top jobs

2013-04-18 07:42

The new boss of mining giant BHP Billiton has unveiled sweeping management changes, installing a new team charged with driving productivity and keeping costs down.

Eskom's Billiton losses already R10.7bn

2013-04-04 14:41

Eskom has already made a loss of R10.7bn through supplying electricity to BHP Billiton's aluminium smelter Hillside, SA's third-biggest electricity user.

Exxon, BHP plan giant floating LNG plant

2013-04-02 14:55

Exxon Mobil and BHP Billiton are planning to build the world's largest floating liquefied natural gas processing and export plant off the northwestern shore of Australia.

Nersa to decide on BHP, Eskom deal

2013-03-24 12:00

It is now up to the energy regulator to decide whether South Africans would be relieved from a long-term power-supply deal between Eskom and BHP Billiton.

Eskom: How consumers are milked

2013-03-22 09:22

Eskom sells 9% of its electricity to BHP Billiton's two aluminium smelters at less than one-fifth of the tariff paid by other consumers, according to a report.

Billiton must lift veil on Eskom prices

2013-03-15 15:36

Sake24 has won a long legal battle in which the Court of Appeal ruled that BHP Billiton must make public the prices it pays Eskom for electricity.

New BHP chief flags costs, productivity

2013-02-24 10:33

The incoming CEO of BHP Billiton, Andrew MacKenzie, says he will maintain focus on costs and productivity when he takes the helm at the world's biggest miner.

Water scarcity threatens mines' ratings

2013-02-14 16:57

The ratings of global mining companies could plunge as competition for limited water resources between mines and people intensifies, says a ratings agency.

Arcelor misses iron ore stake in Guinea

2012-12-19 19:40

Newcomer B&A Mineração beat rivals including ArcelorMittal for a stake in one of the largest iron ore deposits in Guinea, according to a source.

Young communists question BHP deal

2012-10-24 08:01

Eskom's attempt to overturn a controversial electricity deal with BHP Billiton should be supported, the Young Communist League of SA says.

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