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China to remain major coal importer
Chinese coal imports are set to continue to grow strongly for metallurgical as well as thermal coal as demand for electricity and high-quality coal increases, said Peabody Energy Corp.
Rio has nothing to match its BHP deal
THE obvious question raised by recent suggestions that Rio Tinto's proposed iron ore joint venture with BHP Billiton is unattractive to a recovering Rio and should be either renegotiated or dumped is: unattractive compared with what? Rio has halved its gearing, with assets sales and a rights issue and the global crisis is receding, but there is ...
Stocks of interest on the Australian stock exchange today. NWS - NEWS CORPORATION - up 38 cents at $15.53 NWSLV - NEWS CORPORATION LIMITED VOTING - up 49 cents at $13.40 Global media giant News Corporation has reported an 11 per cent lift in first quarter net profit and upgraded its guidance for 2009/10 on the back of an encouraging outlook for the ...
MARKET leader BHP Billiton is suffering from a severe case of share-price gridlock.
Australian Trade Deficit Widens Less Than Expected on Surging Coal Exports
Australiaa s trade deficit widened less than economists forecast in September as a surge in exports of coal offset a matching gain in imports.
Shares up almost 2pc on US growth
THE share market opened stronger, after a three month high on Wall Street following better-than-expected US economy growth figures signalled the possible end to the recession.
Rio Tinto says BHP Billiton iron-ore tie-up synergies could rise
Iron Ore Chief Executive Sam Walsh said Monday the synergies on offer from a planned iron ore joint venture with BHP Billiton Ltd.
Industrial Metals ETFs Are Looking Shinier
Ever since world economies began their long march toward recovery, base metals , along with related ETFs, have seen more demand.
Repsol's Supercomputer Strikes Black Gold
In late 2008, I highlighted Repsol YPF 's plan to number-crunch its way to paydirt in the oil patch.
Repsol Hits More Oil In Gulf Of Mexico Shenzi Field
Spanish oil firm Repsol YPF SA has struck more oil in two wells in the U.S. Gulf of Mexico in what a company spokesman calls a "fairly sizable" oil find.
BHP Billiton chief executive Marius Kloppers has put a dampener on any expectations that the mining giant might be about to start mopping up small Pilbara iron ore neighbours, saying he would focus on larger deals.
Commodities demand to rebound 2010: BHP
Resources giant BHP Billiton Ltd expects underlying demand for its commodities to rebound in the middle of 2010.
Commodities demand to rebound 2010: BHP
Resources giant BHP Billiton Ltd expects underlying demand for its commodities to rebound in the middle of 2010.
Asia Markets: Australia miners face near-term forex pain
A rising Australian dollar is often a sign that global demand for resources is recovering, but its downside is that it's seen hurting shares of the nation's commodity producers in the near term.
BHP Purchase of Potash Is Unlikely, Credit Suisse Analyst Says in Report
BHP Billiton Ltd. , the worlda s biggest mining company, is unlikely to purchase a leading potash producer because a takeover would put pressure on its finances, Credit Suisse Group AG said.
Credit Suisse dismisses Potash takeover talk
Blogs Tuesday, October 27, 2009 10:53 AM Credit Suisse dismisses Potash takeover talk Steve Ladurantaye T he world's biggest mining company is unlikely to buy Potash Corp.
Canada Stocks Fall as Suncor Slips on Oil Price, Investors Await Earnings
Canadian stocks fell for the first time in three days as commodity-linked stocks dropped on a stronger U.S. dollar and investors awaited earnings that may indicate the strength of the economya s recovery.
Cameco Climbs After Report BHP Declares Force Majeure at Australian Mine
Cameco Corp. , the worlda s second- largest uranium producer, rose in Toronto after an Australian newspaper reported BHP Billiton Ltd.
BHP Billiton iron ore output 'a record'
BHP Billiton Ltd says its first quarter iron ore output was a record, even though production increased by just one per cent from a year ago.
Buy, Sell or Hold: BHP Billiton is the Worlda s Premier Commodities Mining Play
BHP Billiton Ltd. is the largest and most diversified mining producer in the world.
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