Two of the world’s three biggest mining companies – BHP Billiton and Rio Tinto – are currently “dialing down their risks and the pace of their previous dash for growth”. This is in order that …
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London Calling muses on the future of Mining’s Giants
BHP Billiton declares force majeure
The world’s biggest miner, BHP Billiton, is declaring force majeure at its coal mines in Australia’s Bowen Basin due to prolonged union strikes and heavy rain, the company said on Monday, in a move that …
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Evraz gets support for full London listing
Russian steelmaker Evraz has received acceptances for its proposed share swap and relocation to Britain from just over 98 percent of shareholders, allowing it to proceed with a premium London listing and potential entry to …
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India: POSCO protests successful – for now
Orissa’s state government has suspended action to forcibly remove villagers resisting the takeover of their land for POSCO’s massive iron and steel project.
Meanwhile, however, the company has started construction elsewhere on another part of …
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