Remarks by Bank of England governor Mark Carney poured cold water on recently buoyant housebuilding stocks as investors panicked.
Rio Tinto Group
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Thursday 28 October 2010
Thursday 21 October 2010
Takeover gossip was limited yesterday as the market waited for the Government's Comprehensive Spending Review (CSR). Yet shares in the insurance group Jardine Lloyd Thompson soared early as rumours of a potential bid battle escalated.
Tuesday 19 October 2010
Rio Tinto and BHP Billiton have abandoned plans for a $116bn (£73bn) joint venture merging the two companies' iron ore operations at Pilbara in Western Australia.
Monday 18 October 2010
Rio Tinto and BHP Billiton are investigating ways of abandoning their $116bn iron ore joint venture in Western Australia, which is almost certain to be blocked by regulators, without triggering a $250m break clause, according to reports over the weekend.
Friday 15 October 2010
Germany's Central Cartel Office, which is responsible for ruling on competition cases, hammered a further nail in the coffin of BHP Billiton and Rio Tinto's huge iron ore joint venture yesterday when it announced it would deny approval for the project.
Friday 08 October 2010
The mining industry – including a number of London-listed groups – have opened discussions with Australia's new government over Canberra's planned 30 per cent profits tax on the resources industry.
Wednesday 06 October 2010
The proposed $116bn joint venture between Rio Tinto and BHP Billiton to mine iron ore in Western Australia appeared to be close to collapse last night after minutes of a Rio board meeting, suggesting that the company wanted to back out of the deal, were leaked to an Australian newspaper.
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.
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