Copper – The United States' indecision regarding the continuation of its economic stimulus program is once again succeeding in pushing down copper prices. However, analysts seem unconcerned by the activity.
Articles Tagged "BHP"
Potash – On Tuesday, Russian potash giant Urakali called quits to its partnership with Belarusian Potash Company, putting an end to the overseas fertilizer cartel. Fallout from Urakali's move could reach as far as BHP's $15 billion Jansen project, according to Bloomberg.
Copper – With supply concerns on the horizon, the copper market could be looking at some positive price movements.
The Alternative Investment Market (AIM) in London was up 1.92 points, at 727.14, on May 17.
Potash – The Sydney Morning Herald reported that Andrew Mackenzie has finally taken the helm at BHP in an austere operating environment. The speculation is that, despite a freeze a new projects, Jansen may receive the go-ahead within the next 14 months, which may end up involving a joint venture partner.
The Alternative Investment Market (AIM) in London was up 0.86 points May 10, hitting 717.83, according to Money AM.
Copper – Rio Tinto could be a few short weeks away from exporting metal from the Oyu Tolgoi mine in Mongolia.
Potash – The Financial Post reported that BHP's first maple bond offering was met with enthusiasm from investors, who snapped up $750-million of the 10-year bonds.
Copper – Reuters reported that BHP has sold their Pinto Valley copper mine and a railroad in Arizona to Capstone Mining Corp for $650 million as they try to streamline operations.
Manganese – Reuters reported that BHP's manganese assets are among those that are for sale as part of their plan to streamline operations.