Total : 26 View more »
The announcement was made after negotiations among BHP Billiton-led NCIG, New South Wales government officials, and port authorities fell through. The consortium is working out an acceptable methodology to share the port's limited shipping capacity.
http://www.industrialinfo.com/showAbstract.jsp?newsitemID=149961
The world's biggest mining company BHP Billiton on Wednesday announced record iron ore production for the quarter, but said a clear picture on demand from major market China
http://uk.news.yahoo.com/18/20091021/tuk-bhp-billiton-posts-record-iron-ore-p-a7ad41d.html
"Whose got your back?'' With the whims of the market, as well as the quick-to-forget nature and on-to-the-next-big-thing excitability that is Mad Money, traders need to have their own back. It's just not enough to wait until 8:00 PM ET and get the "Buy, Buy, Buy!" and occasional "Sell, Sell, Sell!
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Total : 76 View more »
Nov 13, 2009 (Fresh Brewed Media via COMTEX) --
BHP Billiton PLC (NYSE: BBL) closed yesterday at $59.14. So far the stock has hit a 52-week low of $21.06 and 52-week high of $61.69. BHP Billiton stock has been showing support around 57.87 and resistance in the 61.31 range. Technical indicators for the stock are Bullish and S&P gives BBL a neutral 3 STAR (out of 5) hold rating. BBL appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Mar '10 55 covered call (BBL CK) for a net debit in the $51.54 area. That is also the break even stock price for this trade. This covered call has a 127 day duration, provides 12.85% downside protection and a 6.71% assigned return rate for a 19.29% annualized return rate (comparison purposes only). BHP Billiton has a current annual dividend yield of 2.74%.
FBB-Seven Summits Research Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock
Tags: dividend investment opinion nyse research S&P trade yield
Companies: BHP Billiton PLC (BBL)
PERTH, Nov 09, 2009 (AsiaPulse via COMTEX) --
China's largest nickel producer, Jinchuan Group, has been kicked out of the next stage of BHP Billiton Ltd's (ASX:BHP) process to sell its mothballed Ravensthorpe mine in Western Australia's south.
Metals X (ASX:MLX), whose second largest shareholder is Jinchuan, said in a statement on Monday that Jinchuan had not been asked by BHP Billiton to participate in the next stage of the Ravensthorpe sale process.
"Jinchuan considers that Metals X's Wingellina nickel limonite project (in WA) represents a much better opportunity to grow its global business with a superior uncomplicated orebody with simple metallurgy," Metals X said.
"Although remote, Jinchuan believes the world-class size and quality of Wingellina will overcome the isolation impediment."
Minara Resources Ltd (ASX:MRE) last week said it was participating in the Raventhorpe sale process.
The mine, near Esperance, fell victim to plunging nickel prices amid the global financial crisis and closed in January this year about 12 months after it opened.
It has been reported that China Metallurgical Group is also interested in purchasing the asset.
Iron ore billionaire Clive Palmer told AAP in July, after buying BHP Billiton's Yabulu nickel refinery in Queensland, that he would also consider purchasing Ravensthorpe, which could provide an enlarged Yabulu refinery with additional feedstock.
The mine closure resulted in 1,800 job losses and sparked outrage among the local community, who claimed they had been told the mine would be open for 30 years.
AAP lm
Tags: business china community metals nickel prices queensland refinery
Nov 10, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
Jinchuan Group Limited has dropped out of the bidding for Ravensthorpe nickel operation from BHP Billiton Limited, an Australia-based diversified natural resources group.
Jinchuan Group is a China-based non-ferrous metallurgical and chemical engineering group.
Rumor (October 7, 2009):
According to Bloomberg, Australian Financial Review reported that Jinchuan Group may bid for Ravensthorpe nickel operation from BHP Billiton.
Reportedly, Minara Resources, Ltd. and Poseidon Nickel Limited are also contemplated to be in the race to acquire the Ravensthorpe nickel operation.
Gresham Partners Limited and Sino Resources Capital are acting as advisors to Jinchuan Group.
Bank of America Merrill Lynch & Co., Inc. is acting as advisor to BHP Billiton.
Deal Type Acquisition Sub-Category Asset Purchase Deal Status Dead Rumour: 2009-11-09
Deal Participants
Target (Company) BHP Billiton Limited - Ravensthorpe Nickel Operation - Australia Acquirer (Company) Jinchuan Group Limited Vendor (Company) BHP Billiton Limited
Tags: acquisition advisor australia bank china engineering natural resources nickel
Companies: BHP Billiton LTD (BHP)
PERTH, Nov 09, 2009 (AsiaPulse via COMTEX) --
China's largest nickel producer, Jinchuan Group, has been kicked out of the next stage of BHP Billiton Ltd's (ASX:BHP) process to sell its mothballed Ravensthorpe mine in Western Australia's south.
Metals X (ASX:MLX), whose second largest shareholder is Jinchuan, said in a statement on Monday that Jinchuan had not been asked by BHP Billiton to participate in the next stage of the Ravensthorpe sale process.
"Jinchuan considers that Metals X's Wingellina nickel limonite project (in WA) represents a much better opportunity to grow its global business with a superior uncomplicated orebody with simple metallurgy," Metals X said.
"Although remote, Jinchuan believes the world-class size and quality of Wingellina will overcome the isolation impediment."
Minara Resources Ltd last week said it was participating in the Ravensthorpe sale process.
The mine, near Esperance, fell victim to plunging nickel prices amid the global financial crisis and closed in January this year about 12 months after it opened.
It has been reported that China Metallurgical Group is also interested in purchasing the asset.
Iron ore billionaire Clive Palmer told AAP in July, after buying BHP Billiton's Yabulu nickel refinery in Queensland, that he would also consider purchasing Ravensthorpe, which could provide an enlarged Yabulu refinery with additional feedstock.
The mine closure resulted in 1,800 job losses and sparked outrage among the local community, who claimed they had been told the mine would be open for 30 years.
(AAP) rw
Tags: business china community metals nickel prices queensland refinery
Total : 1,346 View more »
BHP Billiton has announced significantly increased uranium ore reserves for its Olympic Dam mine in Australia. News and information on nuclear power, nuclear energy, nuclear energy for sustainable development, uranium mining, uranium enrichment, nuclear generation of electricity, used fuel
http://www.world-nuclear-news.org/ENF-Olympic_Dam_reserves_upped_by_22_percent-2409097.html
To make replacing wire ropes on the draglines safer and easier, a team of mine employees, in conjunction with Zemek Engineering, developed an innovative concept - the Centre Line Socket Safety System.
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Diamond production has increased by 53 percent for BHP Billiton, during the three months ending March 31, 2009. The production for the said quarter increased to 951,000 carats, while in the same period last year it amounted to 620,000 carats.
Total : 380,000 View more »
BHP Billiton is a significant, global resources company - find out more about our organisation, Board, history, structure and annual results.
The Australian BHP Billiton Limited and the British BHP Billiton Plc list separately with separate shareholder bodies but they operate as one business with identical boards of ...
BHP Billiton Plc, together with its subsidiaries, operates as a diversified natural resources company. The company engages in exploration, production, development, and marketing of ...
BHP Billiton PLC. The Group's principal activity is exploring for, developing, producing and processing minerals, oil and gas. The Group's operations are divided into nine business ...
http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C82697110
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BHP Billiton logo Jump to content Site Map Contact Us Print Search Advanced search BHP Billiton Home Offer For Rio Tinto Home 2008 Business Review & Annual Report About Us Our Businesses Investors & Media Product Enquiries Sustainable Development People & Employment Aluminium Base Metals Diamonds &
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