Tags » BHP Billiton

Global Mining: Vale output expects record levels despite dam disaster

Vale SA’s relentless expansion is expected to keep the world’s biggest iron-ore miner near record output levels despite the hobbling effects of last year’s… 517 more words

Mozambique Mining Industry

Voyagers hooked on Hamilton Island

With high winds and rough weather, the second vessel’s departure from Hamilton Island was delayed by three days providing an opportunity for scientists to collect a variety of species around Hook Island’s coral cays and reefs in the Whitsundays. 31 more words

Parks Australia

Coral Sea Voyage crews commence island clean-up

Two vessels involved in a voyage to remove marine debris and look for new marine species have arrived at the Coral Sea Islands.

Both boats braved some rough weather conditions to ferry a team of 24 scientists, teachers, Parks Australia staff and non-government organisations to the remote islands that will become their ‘office’ over the next few days. 136 more words

Parks Australia

Independent Brazil prosecutors hit Vale, BHP with $44 billion civil lawsuit for dam collapse


Click to enlargeRicardo Moraes/Reuters

Mining companies Vale SA and BHP Billiton were hit with a $43.5 billion civil lawsuit for the collapse of a dam at a mine last year that killed 19 people and caused damage that prosecutors said was comparable to BP’s oil spill in the Gulf of Mexico.

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Crime

5 May 2016 (TheAge) - BHP Billiton shares dive following Brazil lawsuit

(5 May 2016, The Age, BusinessDay, p21, Peter Ker, Resources reporter, View more articles from Peter Ker)

‘BHP Billiton shares are back below $20 after sinking more than 8 per cent in respone to revelations the penalties associated with the Samarco dam disaster may be worse than first thought. 91 more words

1.Market Observations

Iron ore: Only question now is how rapid the fall | MINING.com

From Frik Els:

According to Platts Mineral Value Service, a Munich-based iron ore and steel research company, domestic iron ore’s contribution to the Chinese steel market has declined from 36% of market share in 2010 to around 22% in 2015.

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Australia & NZ

Shares Fall as Oil Prices Sink After Output Accord Fails

The Associated Press
By Kelvin Chan

Share prices sank in early trading Monday after an effort by major oil producing nations to agree on production cuts failed over the weekend. 455 more words