BHP Billiton

BHP Billiton stock sets record on China report

Market Watch (Free subscription) | 12 hours ago

HONG KONG (MarketWatch) -- Shares of BHP Billiton set a record high in Sydney on Friday, after a local newspaper reported that China has approached an Australian superannuation and investment fund to partner in a multibillion-dollar attempt to buy a 9% stake in the Anglo-Australian mining giant.

BHP Billiton sells colliery to BEE consortium

Business Report (Free subscription) | yesterday

BHP will sell its multi-product coal mine to Optimum Coal Holdings, a group led by a previous chief operating officer of BHP Billiton Energy Coal South Africa.

Asian stocks gain

International Herald Tribune (Free subscription) | 11 hours ago

Most stock markets across Asia were modestly higher, but the main index in Sydney surged as BHP Billiton jumped, propelled by speculation of Chinese interest in the miner.

The Iron Ore Pricing War Between China & Australia

The Daily Reckoning Australia (Free subscription) | 9 hours ago

There are four fronts in the battle for pricing power in the iron ore market: BHP Billiton (ASX: BHP ), Rio Tinto (ASX: RIO ), Fortescue (ASX: FMG ), and spot market for iron ore. It's hard to tell who is winning...or what losing really means. Andrew Forrest says he'd welcome Chinese investors on the Fortescue share register. But spots on the register are already at a premium. Over 70% of Fortescue's...

Miners boost noon stocks

Courrier Mail (Free subscription) | 13 hours ago

THE share market continued its run higher at noon, amid a rise in industrial metals and talk of the Chinese taking a stake in BHP Billiton.

Market rumours fuel BHP shares

BBC News (Free subscription) | 2 hours ago

Shares in the world's largest miner BHP Billiton rise on speculation about investment from China.

BHP Stock Mines Gold On Report of Partial Stake Buy

DealBook (Free subscription) | 4 hours ago

Shares of BHP Billiton set a record high in Sydney, Australia on Friday, after a local newspaper reported that China has approached an Australian superannuation and investment fund to partner in a multibillion-dollar attempt to buy a 9 percent stake in the mining giant. Under the terms of the proposal, the so-called “Chinese interests” plan to [...]

• China Said To Enlist Aussie Fund For Raid On BHP - Forbes
• BHP shares jump on China rumours - News.com.au

BHP shares at record on China stake talk

Reuters UK (Free subscription) | 9 hours ago

SYDNEY/MELBOURNE (Reuters) - Shares in BHP Billiton, the world's largest miner, rose more than 4 percent to a record on Friday amid fresh speculation that Chinese interests were looking to build a stake in the group.

BHP Jump Lifts Sydney

Law Blog - WSJ.com (Free subscription) | 11 hours ago

Shares of BHP Billiton jumped on Friday to push Australian indexes higher, after local media reported that China has approached an Australian fund to partner in a multibillion-dollar attempt to buy a 9% stake in the mining giant.

BHP shares hit record $50

News.com.au (Free subscription) | 12 hours ago

BHP Billiton shares surged to a record high of $50 today amid speculation that Chinese interests aim to take a 9 per cent stake in the company.

China eyes stake in giant miner BHP

The Earth Times Online Newspaper (Free subscription) | 12 hours ago

Sydney - China has approached Australian companies to team up for a billion-dollar share raid on giant miner BHP Billiton, news reports said Friday. A tilt at the world's biggest miner and Australia's largest company would alarm the Canberra governme...

Asia Markets: BHP jump lifts Sydney, Tokyo off highs

Market Watch (Free subscription) | 13 hours ago

HONG KONG (MarketWatch) -- Shares of BHP Billiton jumped on Friday to push Australian indexes higher, after local media reported that China has approached an Australian fund to partner in a multibillion-dollar attempt to buy a 9% stake in the mining giant.

European shares edge lower, miners decline

Market Watch (Free subscription) | yesterday

LONDON (MarketWatch) -- European shares edged lower in early trading on Thursday, as miners gave back some of the previous day's deal-hope inspired gains. Shares in Rio Tinto fell 1.8%, while BHP Billiton shares fell 2.1%. However, shares in banking group Barclays rose 2.1%. Although the firm's profit fell in the first quarter compared to a year ago, the company made no mention of a need to...

• U.K. stocks close higher in a choppy session - CNN
• Banking shares drop in London - CNN

The ASX Bubble, Fueled by China

The Daily Reckoning Australia (Free subscription) | yesterday

The price action in the Aussie share market is starting to look like a pinball game. BHP Billiton (ASX: BHP ), Rio Tinto (ASX: RIO ), Woodside (ASX: WPL )... some of Australia's biggest resource stocks made 52-week highs yesterday. Both BHP and Rio gave investment presentations in London yesterday, highlighting their various degrees of exposure to China's urbanisation. The current cycle-or super...

Vale signs deals in Tokyo to take on BHP, Rio Tinto in Asia

Japan Times (Free subscription) | yesterday

Vale, the world's biggest iron ore producer, will enhance its presence in Japan and other parts of Asia by improving logistics to vie with key rivals BHP Billiton Ltd. and Rio Tinto Ltd., Vale Chief... Read more ...