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| | | ... Wednesday it had not made any final decision about possible outcomes or next steps regarding the proposed Western Australian iron ore joint venture with BHP. In other mining news, Fortescue Metals said it had been ordered to pay $US3.7 million ($A3.81 ... |
| | | | ... said it had not made any final decision about possible outcomes or next steps regarding the proposed Western Australian iron ore joint venture with BHP Billiton. BHP was up 74 cents, or 1.87 per cent, at $40.24, while Rio had risen $1.74, or 2.26 per ... |
| | | | ... Pipeline Industry Association lunch on `Developing WA-Getting the Balance Right'. Miner Rio Tinto Ltd opens its Brockman 4 iron ore mine at Tom Price, also in WA. In Melbourne, Avexa Ltd holds an extraordinary general meeting, called by major shareholder ... |
| | | | ... dropped 36 cents at $37.08. Fortescue Metals defied the trend, gaining 15 cents, or 3.46 per cent, at $4.49, after the iron ore miner posted a 14 per cent rise in annual net profit and a surge in shipments of the steelmaking commodity. Mr Smith said ... |
| | | | ... strong. There is commentary this morning that because Labor doesn't have a stranglehold it is probably a positive for the iron ore and coal stocks," Mr Leppinus said. At 1200 AEST shares in BHP were up 31 cents at $38.21 while rival Rio Tinto had gone ... |
| | | | ... cent, or $1.12, to $38.79. Rio said it planned to spend $US170 million ($A188 million) to develop the next stage of an iron ore project in Guinea. Fortescue Metals climbed nine cents, or 2.05 per cent, to $4.49. On Wall Street, the Dow Jones Industrial ... |
| | | | ... production news from BHP Billiton on Wednesday. The miner released strong production figures and said its petroleum and iron ore divisions both had achieved annual production records. "BHP and Rio are up and I think that's after BHP's above-expectations ... |
| | | | ... traded. Investor focus was on global miner BHP Billiton's latest production report. The company said its petroleum and iron ore divisions both achieved annual production records, but the mining giant continued to be cautious about the global economy's ... |
| | | | ... an American Chamber of Commerce in Australia lunch in Sydney. In Western Australia, Sinosteel Midwest loads its first iron ore shipment, and telco Optus announces an update on its mobile network. In Australia on Wednesday, the stock market closed higher ... |
| | | | ... its annual general meeting. On Tuesday, Australian shares closed weaker as resource stocks slumped due to worries about iron ore prices and demand from China. The benchmark S&P/ASX200 index ended down 29.6 points, or 0.67 per cent, at 4,380.3 points ... |
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