BHP Billiton Ltd (BHP.AX)
MELBOURNE South32 Ltd on Tuesday killed a $200 million deal to buy Peabody Energy's Metropolitan coal mine in Australia after running into competition concerns about supply of coal to local steel makers.
SYDNEY/LONDON BHP Billiton on Monday rejected a plan by activist shareholder Elliott Advisors to scrap the miner's dual company structure, split off its oil business and return more cash to investors, saying the costs would outweigh any benefits.
* Wants to list U.S. oil arm on NYSE, revise capital return policy
BRIEF-Elliott Advisors sends letter to directors of BHP Billiton outlining "shareholder value unlock plan"
* Elliott Advisors - sends letter and presentation to directors of BHP Billiton outlining "shareholder value unlock plan"
SYDNEY Damage to rail lines in cyclone-hit northeast Australia is set to disrupt exports of the steel-making material from the world's largest coking coal region, underpinning prices and raising the prospect of major producers declaring force majeure.
* One miner declares force majeure, others may follow - source
RIO DE JANEIRO, March 16 Brazilian iron ore miner Vale SA said on Thursday that a federal court in Minas Gerais has suspended a case brought by prosecutors seeking 155 billion reais ($49.7 billion) in damages for the 2015 Samarco mine disaster.
MEXICO CITY, March 3 The first-ever joint venture in Mexico's deep waters could begin drilling its first oil well by the end of this year, a top official with national oil company Pemex said on Friday.
* HY net profit $3.20 billion versus loss of $5.67 billion year ago
Feb 9 Australian shares were slightly lower on Thursday, after two rising sessions, as losses in basic materials stocks ate into gains in the utilities sector, which was pushed higher when AGL Energy reported rising profits and a rosy outlook.