New chief Andrew Mackenzie confident BHP Billiton can achieve 16% growth in two years
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Tuesday 02 April 2013
Lonmin, the beleaguered platinum miner, has appointed Amplats' head of engineering, Ben Magara, as chief executive. He will start on 1 July, replacing Ian Farmer, who stepped down last August due to illness.
Wednesday 27 March 2013
Shares in FTSE 100 copper miner Kazakhmys tumbled by more than 7 per cent yesterday after it wrote down the value of its stake in fellow Kazakh miner ENRC by $2.2bn (£1.4 bn).
Thursday 21 March 2013
Countrywide got off to a lively start on the London Stock Exchange yesterday as shares in Britain's biggest estate agent raced up 13 per cent to 397p, valuing the business at £848m. The shares had already been priced at the top of the range at 350p and experts said the high first-day premium bodes well for the £1.3bn flotation of Esure at the end of this week. The insurer is expected to be priced at the top of a 275p to 310p range today in time for trading to start tomorrow.
Saturday 16 March 2013
Published in 1735, Telemann's Fantasias were long dismissed as music for amateurs and compared unfavourably with Bach's Sonatas and Partitas.
Thursday 14 March 2013
BHP Billiton faces the threat of a multimillion-dollar fine after American and Australian anti-corruption authorities began to investigate allegations that it provided inducements, hospitality and gifts to Chinese officials in the run-up to the Beijing Olympic and Paralympic Games.
Tuesday 05 March 2013
The top five directors in Glencore will collectively pocket about $410 million (£270 million) in dividends after the commodities trading giant - and its impending merger partner Xstrata - both revealed tumbling profits for 2012.
Sunday 03 March 2013
Friday 01 March 2013
Pioneer America and the fight for abolition meet in a novel as artfully stitched as its quilts
Thursday 28 February 2013
The changing of the guard continued in the FTSE 100 mining industry as Rio Tinto appointed Chris Lynch, a former finance head at BHP Billiton, as its chief financial officer.
Wednesday 27 February 2013
Australia's major iron ore port was shut down and residents along a remote stretch of the country's west coast ordered to take shelter as a powerful cyclone bore down on the region today, bringing drenching rains and lashing winds.
Saturday 23 February 2013
A deal between the owner of basketball team Brooklyn Nets and two Russian retail and fruit juice tycoons yesterday got the City speculating that a $17bn (£11bn) miner could be created in the wake of the sale.
Wednesday 20 February 2013
BHP Billiton became the third of the FTSE 100 global mining giants to change its chief executive in as many months as the industry braces itself for a long period of sluggish resources prices.
Monday 04 February 2013
The world’s-biggest platinum producer, Anglo American Platinum (Amplats), lost 6.3 billion rand (£44.9 million) last year after it was hit by two months of wildcat strikes and lost production.
Thursday 17 January 2013
Tuesday 15 January 2013
Anglo American Platinum risked triggering a repeat of last year's violent strikes in the South African mining industry today as it announced plans to mothball two mines and sell another, with the loss of 14,000 jobs.
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