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marius klopperslatest news & developments

BHP Billiton to phase out Standard Bank business

Mining group BHP Billiton will phase out annual business with Standard Bank in the first corporate spat brought on by the power crisis. Business Day reported that the business…

BHP Billiton bid for Rio Tinto fails again

BHP Billiton, the world’s biggest mining company, sweetened its takeover bid for rival Rio Tinto on Wednesday to ,4-billion, but its proposal was again rebuffed. Amid reports…

BHP raises Rio bid; no immediate Chinese riposte

BHP Billiton launched a hostile ,4-billion bid for rival Rio Tinto in a move that could trigger a Chinese-led counterbid in the world’s second biggest corporate takeover.…

Billiton says still hopeful of Rio Tinto takeover

Resources giant BHP Billiton said on Wednesday it still hoped rival Rio Tinto would warm to its uninvited takeover bid, despite opposition from customers who fear it will lead to…

BHP chief talks Rio value, steelmakers howl

The chief of the world’s biggest mining group, BHP Billiton, pushed his case for a mega-merger with rival Rio Tinto on Tuesday in the face of growing opposition from big Asian…

Rio seen unlikely to counter bid for BHP

Rio Tinto is reportedly considering a counter-bid for BHP Billiton as a defence against a Aus-billion takeover proposal from its bigger mining rival, but analysts said such a…

BHP Billiton not giving up on Rio Tinto

The world’s biggest resources group, BHP Billiton, on Monday piled pressure on Rio Tinto to take another look at its proposed $153-billion all-scrip merger by pitching the…