Tag: BHP Billiton

• Tuesday, November 10th 2015 - 08:05 UTC

  Brazil's mining disaster forces cities 300km downstream to cut drinking water supply

  

  Mud and wastewater from burst dams at a Brazilian iron ore mine cut off drinking water and raised health and environmental concerns in cities more than 300 km downstream on Monday, amid increasingly dire search efforts in a village devastated by the mudslides.

• Monday, November 9th 2015 - 08:02 UTC

  Mining disaster in Brazil: 28 remain disappeared; BHP Billiton CEO flying to Minas Gerais

  

  Brazilian authorities are still struggling to determine what caused the rupture in dams at an iron ore mine and desperately working to recover the bodies of as many as 28 people believed to have been swept away in the massive mudflow and flood.

• Wednesday, March 12th 2014 - 09:13 UTC

  Mining companies shares down hit by a slump in the price of iron ore

  

  Shares in some of the world's biggest mining companies have been hit by a slump in the price of iron ore, amid fears of a slowdown in China's economy. Iron ore delivered into China fell 8.3% on Monday after Beijing reported weak export data over the weekend.

• Wednesday, July 10th 2013 - 06:01 UTC

  Storm clouds ahead for Chilean economy as world copper prices continue to fall

  

  Chile cut its copper output forecast for the year to 5.53 million tons due to setbacks at certain mines, though production is still expected to jump from 2012 as a new deposit comes online, the mining ministry said this week.

• Wednesday, May 15th 2013 - 06:50 UTC

  BP and Total win exploration rights in virgin waters of Brazil’s Amazon basin

  

  BP and Total, Europe’s biggest oil companies after Shell, won exploration rights in the Amazon basin as Brazil’s first oil auction in five years attracts a record level of bids. Total, based in Paris, gained exploration access to operate five blocks at the Foz do Amazonas basin in northern Brazil together with partners BP and Petrobras, the oil regulator said on Tuesday.

• Thursday, February 28th 2013 - 23:59 UTC

  Brazilian market suffers the impact of iron-ore producer Vale record loss in fourth quarter

  

  Brazil’s Bovespa-index futures declined with the equity gauge poised for its biggest monthly drop since May, after iron-ore producer Vale SA posted a record loss in the fourth quarter.

• Wednesday, April 25th 2012 - 21:35 UTC

  High cost and scarcity of electricity threatens Chile’s massive investments in copper industry

  

  The biggest-ever pipeline of copper projects is under threat as Chile, the world's top producer, struggles to contain rising opposition to new power plants.

• Tuesday, January 31st 2012 - 23:51 UTC

  China bars Brazil’s bulk carriers from its ports; clash over iron ore shipping rates

  

  China banned a giant new class of ship from its ports on Tuesday, a move that checks efforts by mining giant Vale SA to cut the cost of shipping iron ore to its largest market and risks raising trade tensions with Brazil.

• Monday, October 17th 2011 - 04:16 UTC

  BHP Billiton plans to invest heavily in Brazilian iron ore extraction

  

  BHP Billiton , the world's biggest miner, is close to launching a £2-billion-pound bid for Brazilian iron ore miner Ferrous Resources, the Sunday Times reported. The newspaper, without citing sources, said talks between BHP and Ferrous Resources started earlier this year and had stepped up in recent weeks.

• Friday, September 9th 2011 - 09:18 UTC

  Falkland Oil & Gas confirms drilling rig for two slots in the first half of 2012

  

  Falkland Oil and Gas (FOGL), the exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, reiterated it has signed a contract for the Leiv Eiriksson drilling rig for two firm slots in the first half of 2012.