BHP Billiton

Vancouver — BHP Billiton Diamonds, a unit of mega-miner BHP Billiton (BHP-N), has secured rights to earn up to 70% of the so-called Big claims, held by ValGold Resources (VAL-V) in northern Manitoba.

Diamonds North Resources (DDN-V) has merged its land holdings in the eastern Arctic of Nunavut with those of BHP Billiton (BHP-N) to form a joint venture covering more than 7 million acres (28,300 sq. km) arou…

The most recent U.S. industrial production data showed a solid gain in the fourth quarter of 2003, led by a 1% jump in manufacturing output. The gains were boad-based, spreading across almost all manufacturing output categories. The February stren…

Vancouver — Quadra Mining (QUA-T) has raised $145 million as part of a broad effort to become a mid-tier, base metal mining and exploration company, and used some of the proceeds to acquire the Robinson copper mine project, nea…

A generally poor report period for U.S. equity markets didn’t extend to the mining stocks, which were mostly higher over the five trading days March 17-23 as the Dow Jones industrial average and the S&P 500 index both fell slightly more than 1%.

Anglo-Australian giant BHP Billiton (BHP-N) has approved a US$1.4-billion plan to develop its Ravensthorpe nickel laterite deposit in Western Australia. The scheme also calls for a doubling of capacity at the Yabulu nickel refin…

The biggest corporate shuffle during the period ended March 16 was carried out by the world’s largest mining company, BHP Billiton. The major has brought its customer-sector-groups division under thre…

The old dog is still learning new tricks: in 2003, U.S. silver miner Hecla Mining enjoyed the best year of silver production in its 113-year history. The company mined a record 9.8 million oz. at a to…