Dry bulk CEOs offer mixed view of second halfWed, 21 Jun 2017 14:25:00 GMT
... eagerly anticipates the ramp up in iron exports from Vales S11D iron ore mine, which started up earlier this year. Likewise, BHP Billiton is expected to restart the Samarco iron ore mine next year. Vale contracted for some of its iron ore export ...
New BHP chair's packed careerThu, 15 Jun 2017 23:18:00 GMT
Mr MacKenzie's appointment comes as BHP struggles to emerge from a period of turmoil: the 2015 dam collapse at its Samarco joint venture iron ore project in Brazil that killed 19 people; criticism of the company's costly investments in US shale oil ...
BHP opts for fresh face to replace Jac Nasser as chairmanThu, 15 Jun 2017 21:00:00 GMT
Mr MacKenzie will also have to deal with the legacy of the tragic Samarco tailings dam collapse in Brazil which ... Two of its principal global markets, iron ore and oil, are currently struggling to clear significant gluts. While BHP has rebounded strongly ...
BHP Names Ken MacKenzie as Chairman Amid Activist Challenges ...Thu, 15 Jun 2017 19:42:00 GMT
Nasser delayed his planned departure by about a year as a result of the incident at BHP and Vale SAs Samarco joint venture that killed ... steel demand in China limits the growth outlook for iron ore, the companys top earner, and coking coal.
Cliffs Natural Resoures Wants You to Know These 5 Things About ...Thu, 15 Jun 2017 07:00:00 GMT
This is critical for the global iron ore market because Samarco was a supplier of high-quality iron ore that is used in the U.S. and Europe. With Samarco down, Goncalves predicts there will be a ripple effect on pellet-grade iron ore prices. With pellet ...
Today's Trade: Australian dollar lifted by GDP dataTue, 06 Jun 2017 20:04:00 GMT
Supply side news also helped push prices higher. The likelihood of the BHP-Vale owned Samarco iron ore mine in Brazil restarting this year is falling. The Supreme Court issued an injunction suspending a decision on whether the mine could use water from a ...
BHP boss tells investors to stick with the company despite Elliott ...Mon, 05 Jun 2017 08:14:00 GMT
It's been a tough few years with the Samarco dam collapse and a number of other things going against them, the oil price collapsing and iron ore price under pressure. It's not the easiest time and that's generally when people look at things and say the ...
BHP board set to select new chairman in June: sourcesWed, 31 May 2017 19:12:00 GMT
We have concerns that the majority of the board has been in charge for the financial underperformance and have not shown a track record of respecting shareholder capital compounded by the safety issues at (Brazil iron ore mine) Samarco. A burst dam at ...
Here's How to Find the Best Dividend StocksWed, 24 May 2017 07:38:00 GMT
Vale S.A. Producing iron ore and pellets, coal, and even precious metals ... that the company is being sued by Brazilian authorities over its role in the 2015 Samarco mine disaster, but with the lawsuit now suspended, and a settlement being worked out ...
Samarco sees narrowing window to resume operations this yearTue, 23 May 2017 18:56:00 GMT
Brazilian iron ore miner Samarco Minerao believes resuming operations this year will be challenging, though there remains a small possibility, Roberto de Carvalho, chief executive officer, said. The company, which halted operations in November 2015 ...
Local shares poised to lift at openTue, 23 May 2017 17:21:00 GMT
Separately, Brazilian iron ore miner Samarco Minerao, owned by BHP and Vale, said that resuming operations this year will be challenging, though there remains a small possibility, Roberto de Carvalho, chief executive officer, told Reuters - .
Samarco chief says resumption of operations unlikely in 2017Tue, 23 May 2017 17:20:00 GMT
BHP Billitons Brazilian iron ore joint venture miner Samarco Mineracao SA believes resuming operations this year will be challenging, though there remains a small possibility, Roberto de Carvalho, chief executive officer, says. The company, which halted ...
Ops resumption unlikely in 2017: SamarcoTue, 23 May 2017 17:02:00 GMT
BHP Billiton's Brazilian iron ore joint venture miner Samarco Mineracao SA believes resuming operations this year will be challenging, though there remains a small possibility, Roberto de Carvalho, chief executive officer, says. The company, which halted ...
Brazil miner Samarco says resuming operations this year challengingTue, 23 May 2017 15:26:00 GMT
RIO DE JANEIRO Brazilian iron ore miner Samarco Minerao SA SAMNE.UL believes resuming operations this year will be challenging, though there remains a small possibility, Roberto de Carvalho, chief executive officer, told Reuters - on Tuesday.
BHP Billiton CEO Andrew Mackenzie meets Elliott in BarcelonaThu, 18 May 2017 07:20:00 GMT
Mr Hines said BHP should look to sell non-core assets like its stake in the Samarco iron ore business, its stake in the Antamina base metals mine, and its thermal coal assets in Colombia and the Hunter Valley. BHP shares closed 12 lower at $23.95.
Number of news reports: 15