BHP Billiton and Rio Tinto signed a binding US$116bn joint-venture agreement that would see the mining giants merge their Pilbara iron ore operations in Western Australia.The long-awaited deal would involve the miners take 50 per cent stakes in the
MELBOURNE, Dec 5 (Reuters) - Mining giants BHP Billiton and Rio Tinto on Saturday signed a $116bn iron ore joint venture agreement to combine their Western Australian iron ore operations.The agreement brings together two of the world’s three largest
SYDNEY - Mining giants BHP Billiton and Rio Tinto have signed a binding agreement on combining their vast iron ore operations in Australia, a tie-up expected to result in 10 billion US dollars in savings. The Anglo-Australian miners announced Satur
LONDON - Mining giants BHP Billiton and Rio Tinto said Saturday they had signed a binding agreement on combining their vast iron ore operations in Western Australia, and have submitted the deal to the EU. In a joint statement the two firms said the
RIO DE JANEIRO - Former New York Mayor Rudy Giuliani says Rio de Janeiro can become a safe city before it hosts the 2016 Olympics. And his consulting firm will be paid to offer advice on how to make that happen. Giuliani visited a slum in Rio on Thu
Manchester United manager Sir Alex Ferguson has reassured supporters about the fitness of centre-back Rio Ferdiand. The Scot expects the defender to be back in action by Christmas. Ferdinand has been struggling to shake off a calf injury that is c
Ferdinand has missed the last couple of weeks' action after picking up what was thought to be a calf injury.
However, it has now been confirmed the injury relates to a previous problem with his lower back.
The England defender will not be fit for Sa