BHP Billiton PLC (BLT.L)
22 Jul 2016
RIO DE JANEIRO A Brazilian state law to ban upstream tailings dams, the design used at a dam that collapsed at the Samarco iron ore mine in November, could be approved this year, an environmental official for the state of Minas Gerais told Reuters on Wednesday.
RIO DE JANEIRO, July 20 A Brazilian state law to ban upstream tailings dams, the design used for the dam that collapsed at the Samarco mine last November, could be passed this year, an environmental official for the state of Minas Gerais told Reuters on Wednesday.
* Less petroleum output this year (Updates with Anglo outlook)
SYDNEY, July 20 BHP Billiton said on Wednesday it fell three million tonnes short of its iron ore production guidance for fiscal 2016 due to its Samarco disaster in Brazil.
SYDNEY Rio Tinto will keep a newly formed division that includes troublesome coal and uranium assets, its newly appointed chief executive told Reuters, brushing off expectations it would consider a spin off and eventual sale.
* Says investing more in exploration while others cut (Recasts, adds analyst comments, detail)
SYDNEY, June 27 Australian mining giant BHP Billiton said on Monday it will spend $900 million, or 18 percent of its capital budget, in exploration next financial year.
SYDNEY, June 23 Australian mining giant BHP Billiton's part-owned Newcastle Coal Infrastructure Group pulled a $500 million debt refinancing plan at one of Australia's biggest coal export terminals after banks were reluctant to lend to the sector, said three sources with knowledge of the process.
MELBOURNE, June 21 Top global miner BHP Billiton expects to boost its coal output by 8 percent over the three years to June 2018, and plans to cut costs by 16 percent over the next year to boost profits in a tough market.
SAO PAULO, June 20 Brazilian mining company Samarco Mineração SA and owners Vale SA and BHP Billiton Plc have hired banks to sound out creditors on a potential renegotiation of $3.8 billion in debt, after a deadly dam spill led to the shutdown of a key mine, a source with direct knowledge of the plan said on Monday.