BHP, Minmetals, First Quantum to up Zambian copper …
Bloomberg reports BHP Billiton Ltd., the largest mining company, Minmetals Resources Ltd. (1208) and First Quantum Minerals Ltd. are stepping up copper exploration in Zambia after prices for the ...
The Nimba Iron Ore Project
Nimba Iron Ore Project - SMFG is located in the Guinean Nimba Mountains, in south-eastern Guinea, adjacent to the Liberian and Ivoirian borders. It involves mining high-grade haematite from two open pits at high elevations in a mining concession of 6.25 square kilometres, at the northern end of the mountain range.
BHP Billiton Announces A$1.5 Billion Off Market Buy-Back Of BHP …
Under the BHP Billiton Limited off-market buy-back timetable, the 45-day rule cut off date is 16 February 2006, as shares acquired after this date will not, under the timetable, be held at risk for 45 clear days. The ex-date for buy-back entitlements on the ASX is 20 February 2006. Shares acquired on or after this date will not typically confer ...
ArcelorMittal or HPX? Who's Hindering Third-Party User …
To date, only two entities have expressed interest in using the railway and port facilities as third-party users, both of which are from Guinea: Société des Mines de Fer de Guinée (SMFG), now owned by HPX, and Sable Mining. Notably, no Liberian mining company has requested rail access. SMFG was previously controlled by BHP Billiton.
Demerger to Simplify BHP Billiton and Unlock Shareholder Value
The BHP Billiton Board today recommended shareholders approve the proposed demerger of South32 at the shareholder meetings to be held on 6 May 2015 1.The Board believes that with a more focused portfolio, BHP Billiton will be better placed to achieve further productivity benefits in its core portfolio, while creating a substantial new company, South32.
BP to Buy BHP Shale Assets for More Than $10 Billion
SYDNEY—BP PLC will buy the bulk of BHP Billiton Ltd.'sBHP-1.07 % decrease; red down pointing triangle U.S. onshore oil-and-gas unit for $10.5 billion, as the U.K. oil major rebuilds in the U.S ...
Sable Mining Africa Limited ('Sable Mining' or 'the …
The permit, which is highly prospective for iron ore, is adjacent to the BHP Billiton/Newmont/Areva 600 million tonne Nimba iron ore project, and close to the Ivory …
BHP Simplifies Portfolio by Creating BHP Billiton Aluminium
BHP Billiton Aluminium (Holdings) Pty Ltd was created as a new company on May 6 through the Australian securities regulator. ... The supposed plan being considered has these non-core assets being spun-off into a new $20 billion division of the BHP that would potentially be handed back to the shareholders. BHP's board and management have made ...
BP pays $10.5 bln for BHP shale assets to beef up U.S. business
BP Plc has agreed to buy U.S. shale oil and gas assets from global miner BHP Billiton for $10.5 billion, expanding the British oil major's footprint in oil-rich onshore basins in its biggest ...
Sable Mining. The Deceivers: Guinea and Liberia
One of the key permits Sampil had applied for during the election campaign—when he was soliciting bribe money from Sable—came through: iron ore exploration rights in Mount Nimba on the Liberian border, prime mining territory close to concessions held by multinationals BHP Billiton and Arcelor-Mittal. Sampil was handsomely rewarded.
BHP Billiton Celebrates The Opening Of The 'Newman Mining …
BHP Billiton Iron Ore President, Ian Ashby, said the Newman Hub was a key component of RGP4 and would deliver large-scale benefits to the company, its customers, employees and the local communities of Port Hedland and Newman.
Sable Mining beats majors to the punch in Guinea
Shares of Sable Mining Africa (LON:SBLM) surged as much as 12% in heavy volumes on Monday after announcing it has been granted an export licence for its $250 million …
BHP Billiton a step closer to selling-off non-core operations
The news came on the heels of the creation of a new aluminum division, BHP Billiton Aluminum Pty Ltd., ... The world's mining company has a history of spinning off non-core assets. In 2002 ...
Liberia's Parliament investigates BHP Billinton Social fund
A communication from Nimba County electoral district#2 Representative Prince O. S. Tokpah, detailed BHP Billiton's inability to conform to terms of commitment to pay in royalty US$200,000 ...
Ej Atlas
The iron-ore mine infrastructure has been in development since 2003 directed by the Société des Mines de Fers de Guinée a subsidiary of Euronimba Ltd. The primary shareholders of SMFG were BHP Billiton …
BHP Billiton Reportedly Selects B&A Mineracao As Preferred …
BHP Billiton Limited has selected B&A Mineracao S.A. as the preferred bidder for its stake in Mount Nimba, a source familiar with the matter said. ... to $600 million, according to market sources. BHP currently owns just over 40% stake in the venture behind the Mount Nimba deposit. Newmont Mining Corp. owns another 40%. ... Buy. Mean consensus ...
Sage Business Cases
BHP, an Australian mining company, threatens to enter the potash mining industry through a hostile takeover of the Potash Corporation of Saskatchewan. Complicating matters is the fact that the Canadian potash industry has operated as a legal cartel in which the provincial government has a stake.
Fact-Check: ArcelorMittal's Terms on Third-Party Rail Use …
To date, only two entities have expressed interest in using the railway and port facilities as third-party users, both of which are from Guinea: Société des Mines de Fer de Guinée (SMFG), now owned by HPX, and Sable Mining. Notably, no Liberian mining company has requested rail access. SMFG was previously controlled by BHP Billiton.
ArcelorMittal buys Mount Nimba from BHP
BHP, the world's third largest iron ore miner, has been trying to offload Nimba for the better part of two years. Newmont Mining is keeping its 43% stake in the project, but has an option to up ...
Talks on Guinea's iron ore advance, BHP nears …
Leading miner BHP is near a deal to divest its stake in Guinea's Nimba iron ore deposit, while three big miners are vying to develop half of the country's Simandou, the largest known untapped...
Sable upgrades Nimba iron ore resource
Sable Mining Africa, the AIM-listed exploration company, has announced a further JORC Code compliant resource update at the Nimba Iron Ore Project in south-east Guinea following expansion exploration drilling on a limited area of Plateau 3. The increase brings the total JORC Resource to 181.8 Mt at an in-situ grade of 58.8% iron estimated at
Market Price For The Off-Market Buy-Back of BHP Billiton Limited Shares
The Market Price for BHP Billiton's off-market tender buy-back (Off-Market Buy-Back) of BHP Billiton Limited Shares (as defined in the Buy-Back booklet) is A$47.4985. On this basis, the tender discounts are equivalent to the following tender prices (rounded to the nearest cent):
GUINEA : New A-team takes over Mount Nimba iron ore …
Nimba Development Co has obtained the mining rights on a Guinean iron ore permit previously held by Sable Mining, which was accused of irregular practices in 2016.
BHP Billiton exits Guinea
Sunday Times reports (paywall) that BHP Billiton, which is shedding its non-core operations, is looking for a buyer for its Mount Nimba iron ore project in Guinea. BHP Billiton did not...
Mining giant BHP Billiton makes $39 billion bid for Anglo …
FILE - Mining giant BHP Billiton logo sits on the outside of their head office in Melbourne, Australia, Thursday, Nov. 27, 2008. Shares in U.K.-based mining giant Anglo American surged Thursday, April 25, 2024, after it received a 31 billion-pound ($39 billion) takeover approach from rival BHP Billiton, a deal that would create the world's biggest copper …
BHP Billiton shareholders agree to South32 demerger
BHP Billiton shareholders have approved the spin-off of the company's minor assets into South32 by more than 98% of the votes cast in Australia and Britain. BHP Billiton chairman Jac Nasser said: "The demerger of South32 simplifies BHP Billiton's portfolio while retaining the benefits of scale and diversification.
Spotlight | Guinea Bauxite shunts iron ore off top post
Mining giants BHP Billiton and Areva want to sell - 8/1/2017. Once seen as one of the potential sources on which to build Guinea's development, iron ore exploration has now all but dwindled to a standstill. ... The insurmountable Nimba mountains The first ordinary board meeting of Societe des mines de fer de Guinee ... president Alpha Conde's ...
BHP Billiton
On September 30, 2011, it acquired HWE Mining Subsidiaries from Leighton Holdings. On September 7, 2012, the Company announced the sale of its 37.8 % non-operated interest in Richards Bay Minerals. BHP Billiton prides itself on creating long-term shareholder value through the discovery, acquisition, development and marketing of natural resources.
BHP Billiton outlines strategy to grow value
We believe the future is increasingly clear and our strategy, portfolio, capabilities and approach to social value position us to play an important role in meeting the twin objectives of an accelerated energy transition, and continued economic development and improvement in living standards.
BHP bombshell puts South African mining in a hole
After merging with domestic mining giant Billiton in 2001 the "Big Australian" spun off most of its South African assets into a new company called South32 in 2015.