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  • China's Baosteel Mulls Rio Tinto Bid: Report Tuesday, 4 Dec 2007 | 2:44 AM ET
    Rio Tinto

    Top China steelmaker Baosteel is weighing a bid to counter BHP Billiton's $125 billion takeover offer for Rio Tinto, Baosteel Chairman Xu Lejiang told a Chinese business newspaper.

  • BHP Pitches $30 Billion Buyback; Rio Unmoved Sunday, 11 Nov 2007 | 11:54 PM ET

    BHP Billiton on Monday mapped out its plan for acquiring rival Rio Tinto , promising to hand shareholders $30 billion via a share buyback if the deal goes through, in the hope of drawing Rio's board into talks.

  • BHP May Shed Petroleum Arm: Report Sunday, 11 Nov 2007 | 11:01 AM ET

    BHP Billiton, the world's biggest mining group, is considering the sale of one of its largest units, BHP Petroleum, to help finance a hostile takeover of Rio Tinto, the UK Sunday Times newspaper said.

  • Rio Tinto

    Investors seem sure that mining giant BHP Billiton will continue its $149 billion pursuit of Rio Tinto, a combination that would control more than one-third of the world's iron ore sales.

  • Rio Tinto Rejects BHP Billiton's All-Stock Offer Thursday, 8 Nov 2007 | 3:17 PM ET

    BHP Billiton has made a long-awaited bid approach to Rio Tinto in a move aimed at creating a $350 billion-plus mining giant, but Rio rejected the all-share proposal as too low.

  • 3M Profit Rises on Strong International Sales Friday, 19 Oct 2007 | 11:11 AM ET

    3M, whose products range from Scotch tape to optical films for liquid crystal displays, on Friday posted a 7.4 percent increase in quarterly profit, helped by strong demand in international markets.

  • European Stocks Close Higher on US Earnings Wednesday, 17 Oct 2007 | 11:33 AM ET

    Europe's major stock indexes closed higher Wednesday, following a mixed morning, as a strong set of earnings from the likes of Coca-Cola and JPMorgan boosted investor confidence.

  • Rio Shares Fall on Lower Third-Quarter Copper Output Wednesday, 17 Oct 2007 | 3:50 AM ET

    Rio Tinto said on Wednesday it had failed to arrest a decline in the United States and Australia in mined copper output, which fell 6 percent in the third quarter because of lower metal content in its ore, driving its Australian share price down.

  • BlackRock Says Global Mining Stocks are Undervalued Friday, 12 Oct 2007 | 4:37 AM ET

    1st paragraph of story should go here

  • New Operations Boost Vedanta Metals Production Wednesday, 10 Oct 2007 | 3:09 AM ET

    India-focused miner Vedanta Resources posted record production of most metals during the second quarter as new operations came on stream.

  • More Than 2,000 Miners Rescued From Gold Mine Thursday, 4 Oct 2007 | 10:23 AM ET

    More than 2,000 trapped gold miners in South Africa were rescued in a dramatic all-night operation, and efforts gathered speed Thursday to bring hundreds more to the surface.

  • BHP Billiton Upgrades Olympic Dam Ore Resource Wednesday, 26 Sep 2007 | 12:59 AM ET

    Global mining giant BHP Billiton on Wednesday upgraded the size of its total ore resource at the giant Australian Olympic Dam uranium, copper and gold mine by 75% to 7.7 billion tons.

  • CRH in Talks to Buy $3.5-4.5 Billion of Cemex Assets Monday, 17 Sep 2007 | 5:29 AM ET

    Irish building materials firm CRH is in talks with Cemex to buy U.S. and European assets worth up to $4.5 billion from the Mexican cement maker, the companies said on Monday.

  • Weyerhaeuser Says Market Weak, May Close Plants Monday, 10 Sep 2007 | 7:55 AM ET

    Weyerhaeuser, one of the world's largest paper and lumber companies, said Monday that it would probably have to close plants and restrict operations because of weak market conditions.

  • China will produce half the world's aluminium by the end of the next decade and will be largely self sufficient in the metal through 2010, a top executive at producer Alcan said on Friday.

  • Barrick CEO: No Substance to Newmont Takeover Rumor Tuesday, 28 Aug 2007 | 3:47 PM ET

    Barrick Gold's prospects are stronger if it remains on its own, and the world's biggest gold miner has no interest in acquiring U.S. rival Newmont Mining, said Barrick Chief Executive Officer Greg Wilkins.

  • Energy Stocks Still A Good Long-Term Investment Monday, 27 Aug 2007 | 1:38 PM ET
    ** FILE ** This undated photo shows a Shell Oil rig in the Niger Delta, Nigeria. Nigeria's latest hostage crisis came to a peaceful end Sunday, June 4, 2006, as six Britons, one American and one Canadian held captive for two days were released unharmed, looking tired, but in good health. A group of unidentified militants from southeastern Bayesla state who were demanding jobs and money kidnapped the expatriates Friday from an offshore oil platform operated by Dolphin Drilling Ltd. (AP Photo/Shel

    Energy stocks are still a solid investment for the long haul, say market strategists, though rampant speculation and big price swings could make it a bumpy ride for investors.

  • Courts Allow Mittal to Hold Arcelor Merger EGM Monday, 27 Aug 2007 | 12:06 PM ET

    Courts in Paris and Rotterdam ruled on Monday against injunctions lodged by Arcelor minority shareholders aimed at blocking a shareholder meeting needed to finalise the firm's merger with Mittal Steel.

  • U.S. Steel to Buy Stelco for About $1.1 Billion Monday, 27 Aug 2007 | 4:25 AM ET

    U.S. Steel is to acquire Stelco for about $1.1 billion to strengthen its position as a supplier of flat-rolled steel products in North America, the companies said.

  • Rio Tinto, the world's third largest miner by revenues, said Monday it has won U.S. antitrust approval for its $38.1 billion (28 billion euros) takeover of Alcan.

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