|
|
BHPBill -- letter to Rio Tinto shareholders
BHPBill have released a copy of the letter sent to Rio Tinto shareholders regarding the BHPBill offer.
|
|
Click here for original article
|
| |
BHPBill -- approves furrum field development
BHPBill announced it has approved an expenditure of USD625 million (BHP Billiton share) for the full field development of the Turrum oil and gas field, a significant hydrocarbon resource in the Gippsland Basin, offshore Victoria. The Turrum development will produce new supplies of natural gas and liquids through new and existing Bass Strait facilities.
|
|
Click here for original article
|
| |
BHPBill -- quarterly exploration report
First production was successfully achieved at the Samarco Third Pellet Plant (iron ore) and Cliffs (nickel) was handed over to operations during the quarter ended 30 June 2008. In addition, Neptune (petroleum) delivered first production on 6 July 2008. These projects will not be reported in future Exploration and Development Reports. During the quarter Worsley Efficiency & Growth (alumina) was sanctioned.
|
|
Click here for original article
|
| |
BHPBill -- production report for the year
Annual production was significantly up in 13 commodities, with record achieved in seven commodities. These records were delivered in 14 assets across six of the nine Customer Sector Groups. This was achieved in an environment in which supply disruptions and input cost pressures are placing challenges on the industry response to continued strong global demand for commodities. The group achieved record shipments in iron ore and manganese, at a time when pricing reached unprecedented levels and demand and outlook remain very strong. Western Australia Iron Ore achieved an eighth consecutive annual production record, maintaining an exceptional track record of project delivery. Metallurgical coal production recovered strongly from the extreme weather interruptions during the March 2008 quarter.
|
|
Click here for original article
|
| |
BHPBill gets potash mining licence in Ethiopia
Business Report noted that BHPBill has been granted a potash prospecting licence for a 17 000km2 area in Ethiopia's Afar state. Gebre Egziabher of the country's mines ministry said that the government had taken steps to protect the company's employees against possible attacks by ethnic Afar or troops from neighbouring Eritrea.
|
| |
BHPBill -- new coal acquisition
BHPBill announced that BHP Billiton Mitsubishi Alliance (BMA) has entered into an agreement to acquire 100% of the New Saraji Project from New Hope Corporation Ltd for a cash consideration of approximately USD2.4 billion (USD1.2 billion, BHP Billiton share). New Saraji is an undeveloped metallurgical coal resource located adjacent to BMA's Saraji mine near Dysart in Queensland's prolific Bowen Basin. New Hope's total coal resources estimate (New Hope Analysts Briefing 27 March 2008) for New Saraji is 690 million tonnes (156 million tonnes Indicated Resources and 534 million tonnes Inferred Resources). The purchase comprises Mining Lease Application (MLA) 70383 and Exploration Prospecting Consent (EPC) 837, and port user contract entitling the purchaser to 10 million tonnes per annum of capacity at the Abbott Point coal terminal as it is expanded. Completion is subject to certain third party consents and normal government approvals.
|
|
Click here for original article
|
| |
BHPBill -- iron ore price with Boasteel
BHPBill announced it had reached agreement with China`s Baosteel on the price for iron ore deliveries for the contract year commencing 1 April 2008. The following prices apply to all of its long-term supply agreements for deliveries in the contract year with Baosteel.
- Yandi Fine Ore; Newman Fine Ore: USD144.66 cents per dry metric tonne unit.
- Newman Lump Ore: USD201.69 cents per dry metric tonne unit.
|
|
Click here for original article
|
| |
BHPBill -- early termination of waiting period
BHPBill announced that the U.S. Department of Justice (DoJ) and the Federal Trade Commission (FTC) have granted early termination of the Hart-Scott-Rodino (HSR) waiting period for BHPBill's proposed acquisition of Rio Tinto and the Antitrust Division of the DoJ has concluded its review without further action.
|
|
Click here for original article
|
| |
| |
|
| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
| |
|
|
