Tag: BHP Billiton

South32 lays out $1.5 billion for new Arizona metals venture

Australian metals and coal miner South32 is ploughing $1.5 billion into a minority stake in Canada’s Arizona Mining, which aims to realise a zinc-lead-silver venture in Arizona.

Mining giants scramble to fill key leadership vacancies

BHP Billiton, Rio Tinto and Anglo-American, three of the world’s biggest miners are all racing to fill the top spots on their boards, following announcements that their chairmen are stepping down.

Activist investor pressures BHP on UK listing

The hedge fund, Elliot, holds 4.1 per cent of shares in BHP Billiton's UK-listed stock and is now pressuring the company to abandon its dual listing in Australia and the UK, as well as spinning off its US petroleum business to list on the New York stock exchange.

Coking coal prices have soared to an eleven week high on cyclone damage to the QLD coalfields

Coking coal prices have soared to an 11-week high after Cyclone Debbie tore through the Queensland coalfields and analysts believe prices will continue rising for several weeks.

Cyclone leads to mining sector declaring force majeure

Cyclone Debbie has wreaked havoc on the communities of North Queensland and mining companies are counting the costs alongside communities in the process of cleaning up.