ConocoPhillips and Origin Energy announced their plan to create a long-term Australasian natural gas business focused on coal bed methane production and liquefied natural gas (LNG) processing and sales.
The transaction is conditioned upon approval from Australia’s Foreign Investment Review Board and, if required as a result of an outstanding offer from BG to purchase all [...]
Mirabela Nickel Limited is pleased to announce it has drawn down US$50m under the US$80m bridge financing facility recently announced with Barclays and Credit Suisse. With construction of the Santa Rita project more than 50% complete, ongoing funding of the project has moved from equity to debt.
In addition to the bridge facility, Barclays and [...]
AUSTRALIAN iron ore producers, arguing for a freight premium to be included in this year’s contract prices with reluctant Chinese steelmakers, are expected to shrug off the emergence of a new iron ore exchange market created by Deutsche Bank and Credit Suisse.
The exchange gives smaller Chinese steel producers a chance to hedge their costs in [...]
Vale , the world’s largest iron ore miner, said on Tuesday that talks aimed at buying Swiss rival Xstrata had failed and that Vale would look at other potential takeover targets.
“Given that an agreement was not reached, discussions between the parties have been discontinued,” Vale said in a statement to the local market regulator. Vale [...]
Mitsubishi Corp., Japan’s largest trading company, and Murchison Metals Ltd. agreed to jointly develop a A$3 billion ($2.5 billion) iron ore project in Australia amid soaring demand for the steelmaking ingredient.
The two companies want to build a port, railroad and develop the Jack Hills mine in Western Australia state, Tokyo- based Mitsubishi said in a [...]
Copper rose in London on speculation that a slumping dollar will encourage buyers holding other currencies to purchase the metal. Lead and nickel advanced.
The U.S. currency dropped to an all-time low against the euro after a government report showed that the U.S. economy grew last quarter at the slowest pace in four years. A change [...]
Anglo American Plc, the world’s second-largest mining company, will pay $1.15 billion for 49 percent of the Brazilian iron-ore project MMX Minas-Rio, the first acquisition by Chief Executive Officer Cynthia Carroll.
Anglo will buy the stake from MMX Mineracao e Metalicos SA, controlled by Brazilian billionaire Eike Batista, and Centennial Asset Mining Fund LLC, the [...]
Ken Alley, senior vice president and chief financial officer of Suncor Energy Inc. will speak at the Credit Suisse 2007 Energy Summit Conference on Friday, February 9 at 7:35 a.m. MT/9:35 a.m ET. The presentation will review Suncor’s performance, growth strategy and outlook.
A live webcast of the conference and presentation can be accessed from the [...]
Pioneer Natural Resources Company announced that Scott Sheffield, Chairman and CEO, will present at The Credit Suisse Energy Summit on February 8, 2007 at 8:50 a.m. MT.
Any interested person may listen to the live presentation and view the presentation slides during the conference, or hear an archived version afterwards, by logging on to Pioneer’s [...]
Devon Energy Corporation announced the dates and times of upcoming events at which members of management will present to the investment community. The following presentations will be available to the public via internet webcasts. Webcast links will be accessible from Devon’s home page at http://www.devonenergy.com on the dates of the events.
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