BHP Billiton streets ahead of the rest
The latest numbers show BHP Billiton is continuing to widen its hefty lead on its global diversified mining peers. BHP Billiton’s results for its fiscal year to 30 June 2010 unravel much about why the group recently launched a USD 40bn hostile bid for PotashCorp, the world’s biggest miner of raw materials for fertiliser (NPK, [...]
Potash bid drags BHP into Saharan fight
BHP Billiton, the $200bn mining company, finds itself in the middle of a massive geopolitical independence row due to its hostile takeover of Potash Corporation of Saskatchewan. Marius Kloppers, the chief executive of FTSE 100 stalwart BHP, is taking a $39bn offer for Canadian fertilizer giant PotashCorp directly to shareholders after its board dismissed the [...]
Are $14bn worth of Indonesian mining projects at risk?
The latest round in the battle to halt all mining in Indonesia’s protected forest areas seems to have been won by the environmentalists. This could affect, among other companies, BHP Billiton and Rio Tinto. But it is unclear just how many projects will be affected by a proposed moratorium – and how effective it will [...]
Australian Aboriginal communities want a stop to new uranium mining
As BHP Billiton prepares to open a major uranium mining site in Western Australia next year, the clamour for the state to once more ban mining of the radioactive mineral has become louder. In fact, the Wongatha Aboriginal clan that calls this region its home does not see any wisdom in having uranium mining in [...]
Colombia’s Cerrejon: four contractors die in accident
Colombia’s biggest coal exporter Cerrejon said on Thursday that four contractors had been killed and 12 others injured while repairing a coal-storage silo in the Andean nation. See http://www.alertnet.org/thenews/newsdesk/N05169475.htm and http://laht.com/article.asp?ArticleId=361947&CategoryId=12393.
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