China continues to show off its influence over the London market as some of the big miners took a heavy dent on the first day when most trading desks were full after the festive celebrations.
Rio Tinto Group
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Wednesday 15 September 2010
Thursday 26 August 2010
Bid. Rejection. Go hostile. For BHP Billiton, and Marius Kloppers, the $38.5bn (£25bn) bid for PotashCorp must feel like Groundhog Day.
Wednesday 25 August 2010
BHP Billiton is hoping that a huge jump in annual profits, set to be announced this morning, will be enough to frighten off any potential rivals for Potash Corporation of Saskatchewan, which last week rejected a $38.5bn (£24.9bn) bid from the mining giant.
Monday 23 August 2010
Several FTSE 100-listed resources companies are set to face nervous markets this morning, in the first day of trading since Australia's indecisive election result over the weekend raised the spectre of more changes to Canberra's planned super-tax on mining industry profits.
Thursday 19 August 2010
BHP Billiton has turned hostile with the $40bn (£26bn) cash offer rejected by the Canadian fertiliser giant Potash Corporation as "highly opportunistic" and "grossly inadequate".
Wednesday 18 August 2010
Friday 06 August 2010
Rio Tinto trumped analysts' expectations yesterday when it unveiled record first-half earnings, driven by booming commodity sales, particularly to China.
Wednesday 04 August 2010
Rio Tinto said yesterday that it plans to invest a further $790m (£495m) in its iron ore project at the massive Pilbara site in Western Australia.
Tuesday 03 August 2010
Rio Tinto outlined plans to invest $170m (£107m) in the Simandou iron ore project in Guinea yesterday, despite ongoing disagreements with the West African state's government over various blocks on the asset.
Saturday 17 July 2010
The Australian Prime Minister, Julia Gillard, is expected to call an election today, taking advantage of a rebound in support for her Labor party – narrowly ahead in opinion polls – and a robust economy.
Sunday 11 July 2010
Rio Tinto is selling its Chapudi coal exploration assets in South Africa for up to $75m (£50m).
Saturday 03 July 2010
The message is clear: Australian politicians tangle with the mighty national mining industry at their peril.
Thursday 01 July 2010
Talks between the Australian government and leading mining executives failed to break the deadlock over the proposed 40 per cent profits tax on the resources industry, both sides confirmed yesterday, with more negotiations now scheduled for the end of the week.
Sunday 27 June 2010
PricewaterhouseCoopers (PwC) has been called in by the Afghanistan government to develop its $3trn mining and minerals industry.
Friday 25 June 2010
The mining industry could barely contain its collective glee yesterday as Australia's new Prime Minister, Julia Gillard, offered fresh talks on the country's proposed resources super tax, which the miners have spent millions of dollars campaigning against over the past two months.
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