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21 Sep 2017

Anil Agarwal to boost Anglo American stake, invest $2 billion

De Beers, the world's leading diamond exploration, mining and marketing company, producing over 30 million carats of diamonds per annum, 35 per cent of global rough diamond production.

30 Nov 2015

Miner BHP commits to Brazil clean-up as huge lawsuit looms

BHP Billiton renewed its commitment Monday to do all it can to help following the deadly collapse of a waste water dam in Brazil, with the mining giant and partner Vale facing a huge lawsuit.

Brazil emergency

18 Nov 2015

Brazil declares emergency after mine waste spill

Brazilian authorities have declared a state of emergency in more than 200 towns affected by a deadly mining waste spill.

10 Nov 2015

Brazil shuts mudslide mine in new blow to companies

Brazilian authorities have said they have halted operations at an iron ore mine where the collapse of a waste reservoir triggered a deadly mudslide, the latest blow to co-owners BHP Billiton and Vale.

19 Sep 2015

Coal's image suffering in climate debate: BHP

The coal industry is losing the public relations battle against environmental activists, mining giant BHP Billiton has warned as it urged the sector to unite to fight back.

25 Aug 2015

BHP Billiton profit dives to 10-year low on commodities rout

BHP Billiton reported its worst underlying profit in a decade on Tuesday, gutted by plunging iron ore, copper, coal and oil prices, and said it would cut spending more deeply to shore up dividends.

15 Jul 2015

BHP Billiton takes $2.8 bn pre-tax writedown as oil price tumbles

Mining giant BHP Billiton Wednesday said it was taking a US$2.8 billion pre-tax writedown on its onshore assets in the United States as plunging oil prices hit shale gas.

18 May 2015

BHP spin-off South32 valued at $9.1 billion on listing

BHP Billiton`s spin-off mining company South32 debuted on the Australian Securities Exchange on Monday at the lower end of expectations, valued at about Aus$11.3 billion (US$9.1 billion).

22 Apr 2015

BHP Billiton`s iron ore output jumps despite weak price

Mining giant BHP Billiton Wednesday said total iron ore production for the nine months to March jumped to a new high as prices remained near a decade-low, but deferred a project to boost output of the commodity to save costs.

21 Jan 2015

Mining giant BHP cuts US shale oil rigs by 40% amid sliding price

The world`s biggest miner BHP Billiton Wednesday said it was cutting back its operating US shale oil rigs by 40 percent amid slumping prices, but expected production output to rise for the financial year.

11 Jan 2015

Vedanta explores merging Cairn, Hindustan Zinc: Anil Agarwal

Mining baron Anil Agarwal is mulling merging cash-cows Cairn India and Hindustan Zinc into his flagship Vedanta Group firm to create a global natural resources giant to rival Rio Tinto or BHP Billiton.

12 Dec 2014

BHP says days of $100 iron ore prices likely over

Iron ore prices have slumped some 40 percent this year as output from resources giants such as BHP, Rio Tinto and Brazilian mining powerhouse Vale increases, hurting higher-cost producers.

12 Nov 2014

Modi to meet top Aus business leaders at Melbourne roundtable

Prime Minister Narendra Modi is set to meet top Australian business leaders, including BHP Billiton CEO Andrew Mackenzie and HSBC Bank Australia CEO Tony Cripps, at a roundtable in Melbourne next week.

28 Oct 2014

BHP Billiton to sell US shale gas assets

Mining giant BHP Billiton is set to sell some of its shale gas assets in the United States, closing the chapter on a controversial acquisition three years ago that sparked a multi-billion dollar writedown.

16 Oct 2014

BHP Billiton to list spin-off in London

BHP Billiton Thursday said it plans to list its new spin-off in London after British shareholders complained about the mining giant`s decision to list only in Australia and South Africa.

23 Sep 2014

Miner BHP Billiton to cut 700 jobs in Australia

Anglo-Australian mining giant BHP Billiton said Tuesday it would lay off 700 workers at coal operations in central Queensland as it seeks cost efficiencies to ensure long-term viability.

19 Aug 2014

BHP Billiton annual net profit up 23.2% to $13.83 bn

Global mining giant BHP Billiton posted a 23.2 percent jump in annual net profit to US$13.83 billion Tuesday, as spending cuts and productivity gains offset weaker commodity prices.

19 Aug 2014

BHP to create new global metals and mining company

The company said the new entity, to be named NewCo, would have assets in five countries.

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