Lyndon Fagan News
-
BlackRock Inc.’s Evy Hambro, who manages the $10 billion World Mining Fund, says he will seek talks with Rio Tinto Group management on a planned iron-ore expansion that some analysts say will result in lower prices.
-
Rio Tinto Group, the world’s second- biggest miner, will probably pursue a $5 billion expansion of its iron ore output in Australia, Chief Executive Office Sam Walsh said, according to two people present at a meeting with investors and analysts.
-
BP Plc’s plans to sell almost $8 billion of deep-water oilfields in the Gulf of Mexico is paving the way for the biggest influx of Asian-Pacific cash into offshore U.S. energy exploration.
-
Rio Tinto Group , the world’s third- largest mining company, should consider increasing its dividends because of its improving cash position, Royal Bank of Scotland Group Plc said.
-
BHP Billiton Ltd., the world’s biggest mining company, said the high Australian dollar and weak prices are hurting its local alumina and nickel operations, spurring speculation of possible writedowns or asset sales.
-
Rio Tinto Group , the world’s third- largest mining company, may increase its $5 billion share buyback should the commodity price rally persist, analysts said.
-
Rio Tinto Group, the world’s third- largest mining company, said first-half profit dropped 22 percent after prices for iron ore, copper and aluminum fell and costs at its operations gained.
-
Rio Tinto Group, the world’s second- largest mining company, swung to its first full-year loss in at least 21 years after taking a $14 billion one-time charge on the value of its aluminum and coal businesses.
-
Fortescue Metals Group Ltd. , Australia’s third-biggest iron ore producer, may need to raise as much as $10 billion in debt by 2017 to fund “aggressive” expansion plans, Royal Bank of Scotland Group Plc said.
-
Fortescue Metals Group Ltd., Australia’s third largest iron ore producer, had its earnings forecast reduced 11 percent by Royal Bank of Scotland Group Plc because of the stronger Australian dollar.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page