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Mining |
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FT.com - Basic Resources
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Burger King drops Indonesian palm oil supplier
The US fast-food chain will stop using palm oil from a leading Indonesian supplier due to concerns about environmental damage
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Norske Skog calls for newsprint capacity cuts
The world's second-biggest newsprint producer warns that Europe risks falling behind North America in efforts to restructure its paper industry if more radical action is not taken
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Putin intervenes in Norilsk battle
Russian prime minister steps into dispute between Norilsk Nickel's main shareholders, but fails to put an end to the fight between Oleg Deripaska and Vladimir Potanin
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Posco in talks to acquire stake in Elkem
Steelmaker Posco is eyeing Norway's Elkem, a maker of silicon for solar panels, as part of efforts to expand into new sectors such as renewable energy.
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Potash arbitrage deals under scrutiny
Short-term investors led by hedge funds have been piling into the shares of PotashCorp, which is fighting a bid from BHP Billiton, looking for arbitrage opportunities
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Thais aim to revive steel plant in Teesside
Steelmaking in Teesside looks set to resume under Thai ownership following news on Friday that Sahaviriya Steel Industries (SSI), Thailand's biggest steel producer, intends to pay £320m to acquire Teesside Cast Products (TCP) from Corus...
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Recovery spurs German union demands
Industry faces up to prospect of difficult pay negotiations as the powerful IG Metall union demands a 6 per cent pay rise for the country's 85,000 steel workers
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Glencore plans listing of gold unit
With bullion trading near an all-time high of $1,264 an ounce, miners are seeking to extract value from their bullion operations by listing them
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BHP scorns talk of rival Potash bidder
Miner's CEO dismisses speculation of a possible Chinese-led counterbid ? 'I've only seen one bid. It's the bid we made. It's the bid on the table'
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Santander suspends BHP insider trading suspect
The Spanish bank said it had suspended a derivatives analyst charged by the US Securities and Exchange Commission with insider trading related to the $39bn BHP Billiton bid for PotashCorp
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