Paul Galloway

Paulson, BlackRock Hire London Mining Analysts as Funds Step Up Coverage

Paulson & Co., BlackRock Inc. and UBS AG are leading a hiring spree of London-based mining analysts as banks, brokers and hedge funds compete to bolster research teams in an industry valued at more than $350 billion in the U.K.

BHP Fourth-Quarter Iron Ore Output Rises 14% on China, Expansion

BHP Billiton Ltd., the world’s largest mining company, said fourth-quarter iron ore output rose 14 percent, driving an 11th straight annual production record as Chinese demand pushes prices to all-time highs.

Glencore Is Said to Get Double Orders Sought in $11 Billion Stock Offering

Glencore International Plc received enough demand from investors for its $11 billion initial public offering to sell the shares more than twice over, according to three people with knowledge of the matter.

BHP Would Need to Add Output to Justify Higher Potash Bid, Bernstein Says

BHP Billiton Ltd., bidding $40 billion for Potash Corp. of Saskatchewan Inc. , would need to plan higher production rates of the crop nutrient to justify raising its $130-a-share offer, Sanford C. Bernstein & Co. said.

BHP, Rio Likely to Abandon Iron-Ore Venture After Objections, Lawyers Say

BHP Billiton Ltd. and Rio Tinto Group , the largest and third-largest mining companies, are likely to abandon plans to create an iron-ore joint venture after complaints from regulators, lawyers said.

Glencore Said to Set IPO at or Above Middle of Initial 480-580 Pence Range

Glencore International Plc, seeking as much as $11 billion in an initial public offering, will price the sale at or above the midpoint of its earlier announced range, according to three people with knowledge of the sale.

Copper, Aluminum Pare Quarterly Losses as Weaker Dollar Fuels Metal Demand

Copper and aluminum pared their biggest quarterly declines since 2008 in London as the dollar weakened against the euro for the first time in three days amid concerns over the strength of the global economy.

Xstrata Bid for Lonmin Is More Likely After Share Decline, Bernstein Says

Xstrata Plc , the biggest exporter of coal for power stations, is more likely to revive a takeover bid for Lonmin Plc after the platinum producer’s shares declined 30 percent from an April peak, according to Sanford C. Bernstein.

Glencore’s Hong Kong Initial Offering May Lure Noble, Mitsubishi Investors

Glencore International Plc ’s debut today in Hong Kong in the world’s biggest initial public offering this year may tempt investors to switch from rival Asian commodity traders.

Glencore Shares Stick to Offer Price in London Debut After $10 Billion IPO

Glencore International Plc, the commodities company that sold $10 billion of stock in the world’s biggest initial share sale this year, ended its first trading day in London at the same price offered to investors.

"BHP continues to benefit from organic growth and strong production."

- Paul Galloway on Jul 20, 2011

London

Hong Kong

Jesse Riseborough

China

U.S. Stocks Climb After Dow Tops 15,000 Amid Earnings

Golfer Singh Sues PGA Tour Over Antler Spray Suspension

Colleges Soak Poor Students to Funnel Aid to Rich

Enron’s Jeff Skilling May Get Decade Off Sentence in Deal

Fusion-io Plunges Most Ever After CEO, Co-Founder Resign