BHP offloads Yabulu nickel factory
One of Australia's wealthiest individuals says he will consider buying BHP Billiton Ltd's troubled nickel assets to underpin an expansion of the Yabulu nickel refinery in Queensland.The...
AAP -
Friday July 3, 2009, 1:34 pm
Palmer buys Townsville BHP refinery
The Yabulu nickel refinery in Townsville in north Queensland has been sold to mining magnate Clive Palmer.
BHP Billiton scaled back operations at the Yabulu Refinery in January, prompting fears...
ABC Business News -
Friday July 3, 2009, 12:21 pm
Investors lighten Rio's debt load
Rio Tinto says it has completed one of the world's biggest rights issues now Australian shareholders have taken up almost 95 per cent of their entitlements to new shares.
Yesterday, the...
ABC Business News -
Friday July 3, 2009, 10:39 am
Trade Deficits Are Back
Another monthly trade deficit with those lazy, hazy days of summer and the big trade surpluses banished by the downturn in iron ore and coal prices, while the slump in imports shows...
Australasian Investment Review -
Friday July 3, 2009, 8:50 am
Rio seeks subscribers for rights issue
Rio Tinto has requested a trading halt on its shares as it seeks subscribers for a shortfall in its Australian rights issue.Rio said on Friday it had attracted 94.76 per cent take up of the new...
AAP -
Friday July 3, 2009, 8:36 am
Santos buys stake in Eastern Star
Santos Ltd has taken a large stake in New South Wales-based coal seam gas (CSG) explorer and producer Eastern Star Gas Ltd but has ruled out a takeover.It has also acquired additional CSG acreage in...
AAP -
Thursday July 2, 2009, 8:20 pm
ANZ, StanChart to share RBS Asia assets
British bank Standard Chartered and the Australia and New Zealand Banking Group (ANZ) are set to divide up the Asian assets of embattled Royal Bank of Scotland, a press report said.Standard, which...
AAP -
Thursday July 2, 2009, 7:46 pm
Telefonica, France Telecom interested in T-Mobile
LONDON (AFP) - Telefonica has joined Vodafone in considering a bid for T-Mobile UK, while France Telecom is weighing up a possible joint venture with the British mobile operator, the Financial Times...
AFP Finance News -
Thursday July 2, 2009, 6:02 pm
BHP to undertake study of rockfall mine
BHP Billiton has been ordered to commission an independent engineering study at one of its West Australian nickel mines after two rockfalls in the past three weeks.The WA state mining engineer Martin...
AAP -
Thursday July 2, 2009, 5:31 pm
NAB's ATM customer loyalty rises 10%
National Australia Bank (NAB) has seen a 10 per cent rise in customers using its automatic teller machines (ATM) since the new ATM fee regime was introduced.NAB's head of retail operations for...
AAP -
Thursday July 2, 2009, 5:18 pm
Australia shares pare gains as US job caution sets in
(Adds comment, detail)
By Simone Giuliani
MELBOURNE, July 2 (Reuters) - Australian shares rose 0.1
percent on Thursday, led by BHP Billiton Ltd (ASX: BHP.ax) , but
pared back earlier gains as...
Reuters Finance News, Australia -
Thursday July 2, 2009, 5:09 pm
Rio Tinto says 97 pct of new London shares sold
LONDON (AFP) - Mining giant Rio Tinto said investors had bought 97 percent of the new London-listed shares issued by the group to help it raise 15.2 billion dollars (10.8 billion euros).The...
AFP Finance News -
Thursday July 2, 2009, 4:51 pm
Australia shares up 0.2%; Green Rock, Panoramic gain
(Adds Green Rock and Panoramic)
MELBOURNE, July 2 (Reuters) - Australian shares rose 0.2
percent on Thursday as companies geared to global growth such
as miner BHP Billiton Ltd (ASX: BHP.ax) ...
Reuters Finance News, Australia -
Thursday July 2, 2009, 2:09 pm
BHP ordered to assess 'seismic risks'
The State Mining Engineer has given BHP Billiton eight weeks to conduct an independent assessment of its Perseverance nickel mine in Western Australia's Goldfields.
The decision follows two...
ABC Business News -
Thursday July 2, 2009, 2:09 pm
Australia shares up 0.6 pct; FerrAus, gold miners gain
(Adds FerrAus, Mithril and gold miners)
MELBOURNE, July 2 (Reuters) - Australian shares rose 0.6
percent on Thursday as companies geared to global growth such
as miner BHP Billiton Ltd (ASX:...
Reuters Finance News, Australia -
Thursday July 2, 2009, 12:55 pm
