Anil Agarwal to boost Anglo American stake, invest $2 billion
De Beers, the world's leading diamond exploration, mining and marketing company, producing over 30 million carats of diamonds per annum, 35 per cent of global rough diamond production.
Sep 21, 2017, 17:50 PM IST
Miner BHP commits to Brazil clean-up as huge lawsuit looms
BHP Billiton renewed its commitment Monday to do all it can to help following the deadly collapse of a waste water dam in Brazil, with the mining giant and partner Vale facing a huge lawsuit.
Nov 30, 2015, 12:15 PM IST
Brazil declares emergency after mine waste spill
Brazilian authorities have declared a state of emergency in more than 200 towns affected by a deadly mining waste spill.
Nov 18, 2015, 07:20 AM IST
Brazil shuts mudslide mine in new blow to companies
Brazilian authorities have said they have halted operations at an iron ore mine where the collapse of a waste reservoir triggered a deadly mudslide, the latest blow to co-owners BHP Billiton and Vale.
Nov 10, 2015, 06:47 AM IST
Coal's image suffering in climate debate: BHP
The coal industry is losing the public relations battle against environmental activists, mining giant BHP Billiton has warned as it urged the sector to unite to fight back.
Sep 19, 2015, 15:23 PM IST
BHP Billiton profit dives to 10-year low on commodities rout
BHP Billiton reported its worst underlying profit in a decade on Tuesday, gutted by plunging iron ore, copper, coal and oil prices, and said it would cut spending more deeply to shore up dividends.
Aug 25, 2015, 15:00 PM IST
BHP Billiton takes $2.8 bn pre-tax writedown as oil price tumbles
Mining giant BHP Billiton Wednesday said it was taking a US$2.8 billion pre-tax writedown on its onshore assets in the United States as plunging oil prices hit shale gas.
Jul 15, 2015, 12:17 PM IST
BHP spin-off South32 valued at $9.1 billion on listing
BHP Billiton`s spin-off mining company South32 debuted on the Australian Securities Exchange on Monday at the lower end of expectations, valued at about Aus$11.3 billion (US$9.1 billion).
May 18, 2015, 09:04 AM IST
BHP Billiton`s iron ore output jumps despite weak price
Mining giant BHP Billiton Wednesday said total iron ore production for the nine months to March jumped to a new high as prices remained near a decade-low, but deferred a project to boost output of the commodity to save costs.
Apr 22, 2015, 12:02 PM IST
Mining giant BHP cuts US shale oil rigs by 40% amid sliding price
The world`s biggest miner BHP Billiton Wednesday said it was cutting back its operating US shale oil rigs by 40 percent amid slumping prices, but expected production output to rise for the financial year.
Jan 21, 2015, 09:43 AM IST
Vedanta explores merging Cairn, Hindustan Zinc: Anil Agarwal
Mining baron Anil Agarwal is mulling merging cash-cows Cairn India and Hindustan Zinc into his flagship Vedanta Group firm to create a global natural resources giant to rival Rio Tinto or BHP Billiton.
Jan 11, 2015, 15:40 PM IST
BHP says days of $100 iron ore prices likely over
Iron ore prices have slumped some 40 percent this year as output from resources giants such as BHP, Rio Tinto and Brazilian mining powerhouse Vale increases, hurting higher-cost producers.
Dec 12, 2014, 13:20 PM IST
Modi to meet top Aus business leaders at Melbourne roundtable
Prime Minister Narendra Modi is set to meet top Australian business leaders, including BHP Billiton CEO Andrew Mackenzie and HSBC Bank Australia CEO Tony Cripps, at a roundtable in Melbourne next week.
Nov 12, 2014, 12:36 PM IST
BHP Billiton to sell US shale gas assets
Mining giant BHP Billiton is set to sell some of its shale gas assets in the United States, closing the chapter on a controversial acquisition three years ago that sparked a multi-billion dollar writedown.
Oct 28, 2014, 07:16 AM IST
BHP Billiton to list spin-off in London
BHP Billiton Thursday said it plans to list its new spin-off in London after British shareholders complained about the mining giant`s decision to list only in Australia and South Africa.
Oct 16, 2014, 13:19 PM IST
Miner BHP Billiton to cut 700 jobs in Australia
Anglo-Australian mining giant BHP Billiton said Tuesday it would lay off 700 workers at coal operations in central Queensland as it seeks cost efficiencies to ensure long-term viability.
Sep 23, 2014, 09:57 AM IST
BHP Billiton annual net profit up 23.2% to $13.83 bn
Global mining giant BHP Billiton posted a 23.2 percent jump in annual net profit to US$13.83 billion Tuesday, as spending cuts and productivity gains offset weaker commodity prices.
Aug 19, 2014, 13:08 PM IST
BHP to create new global metals and mining company
The company said the new entity, to be named NewCo, would have assets in five countries.
Aug 19, 2014, 13:03 PM IST
