BHP Billiton

BHP Billiton lands US$3.2b contract

BHP Billiton (BHP-N) has negotiated iron ore sale commitments from four Chinese steel mills. The commitments have a potential value of US$3.2 billion over the next 10 years.



BHP to buy back shares

Laden with cash, mining giant BHP Billiton has announced it will return up to US$2 billion to its shareholders, inc…


Landing at the Shabogamo nickel-copper project in western Labrador.

Gallery, BHP to drill Shabogamo

Gallery Resources (GYR-V) and joint-venture partner BHP Diamonds, a unit of BHP Billiton (BHP-N), have identified five priority drill targets on their Shabogamo nickel-copper project in western Labrador.


A Kluane portable core-drilling rig in operation at Corriente Resources' Mirador copper project in Ecuador.

Corriente updates Mirador (October 04, 2004)

Vancouver — A new resource estimate for the Mirador copper-gold project in southeastern Ecuador augurs well for Corriente Resources (CTQ-T), which plans to build a 20,000-to-25,000-tonne-per-day operation.


Miners a haven in weak market

U.S. stock markets turned downward in the report period Sept. 22-28 amid generally gloomy news on consumer spending and durable goods orders, and on a further decline in leading economic indicators. The Dow Jones Industrial Average was off 1.6% at…



Base metals looking better

Stock markets south of the border moved sideways over the trading period Sept. 15-21, with a quarter-point interest rate increase by the Federal Reserve making little impact on share prices. The Dow Jones Industrial Average was off fractionally at…




A view of the Robinson mine's Liberty pit.

Robinson mine reopens in eastern Nevada; Quadra

Vancouver — Quadra Mining (QUA-T) has made its debut as a metals producer with the recent start-up of the concentrator at its Robinson open-pit copper-gold mine, situated 11 km west of Ely in eastern Nevada.


Shear adds to Churchill discoveries

Spurred on by promising pyrope garnet indicator-mineral till chemistry, Shear Minerals (SRM-V) has added to the number of kimberlites at its Churchill diamond project in Nunavut, with the discovery of four new bodies.


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