Total sales for Borsheim’s, Helzberg and Ben Bridge, Berkshire Hathaway’s three retail jewelry holdings, fell by 12 percent in 2009 versus the prior year, according to a filing with the Securities & Exchange Commission.
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JOHANNESBURG -(Dow Jones)- AngloGold Ashanti Ltd. (AU) said Wednesday it has secured a $1 billion, four-year revolving credit facility from its banking syndicate to refinance an existing unsecured revolving facility that matures in December.
JOHANNESBURG -(Dow Jones)- AngloGold Ashanti Ltd. (AU), the world’s third- largest producer of the precious metal, said Wednesday former Ghanaian mines and energy minister Ferdinand ‘Fred’ Ohene-Kena has been appointed to its board from June 1.
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PERTH (miningweekly.com) – Mining giant BHP Billiton increased its iron-ore production by 11% in the March quarter to 31,16-million tons, while its year-to-date production for the steelmaking material reached a new record. Iron-ore production for the
Assessing the potential fallout for BHP Billiton as U.S. regulators begin anti-corruption investigations on the company, with Greg Fraser, senior industrials analyst at Fat Prophets and James Chirnside, CIO of Asia Pacific Asset Management, with CNBC’s
BHP Billiton is being investigated on possible violations of anti-corruption laws by its some of its employees. Alan Heap, MD of global commodities at Citi and James Chirnside, CIO of Asia Pacific Asset Management discuss the implications and whether
Global steel demand is growing faster than expected, and is now expected to return to pre-crisis levels this year. The World Steel Association (WSA) forecast steel use to rise by 10.7% year-on-year to 1.241 billion tons this year, driven primarily by
MELBOURNEBHP Billiton said Wednesday it has uncovered possible violations of anti-corruption laws by its employees following a request for information from the U.S. Securities and Exchange Commission. ‘The company has disclosed to relevant authorities
Resources group BHP Billiton said this morning year-to-date production records were achieved for petroleum, iron ore, nickel, alumina and zinc. Billiton said it has reached agreement with the majority of its iron ore customers to permanently move
(RTTNews) – AngloGold Ashanti (AU: News ) announced the appointment of Ferdinand Ohene-Kena to its Board of Directors with effect from 1 June 2010. Ohene-Kena is the former Ghanaian Minister of Mines and Energy and is currently a member of the Ghana
Belgium’s rough diamond exports in March 2010 jumped 122.3 percent in volume to 13.6 million carats worth $1.01 billion, a 129.4 percent rise in value, compared to March 2009, according to recently published statistics by the Antwerp World Diamond Centre
LONDON -(Dow Jones)- The Organization of Petroleum Exporting Countries pegged the value of its reference basket of 12 crude oils at $81.83 a barrel Tuesday, up 94 cents from $80.89 a barrel Monday, OPEC said Wednesday. OPEC’s basket of 12 oils consists
Global miner BHP Billiton has discovered potential violations of anti-graft laws relating to its exploration activities, in another blow to the mining industry’s tarnished image.
Company: BHP Billiton LTD (BHP) BHP Billiton Ltd (ASX:BHP) is cooperating with regulators in the US and elsewhere after uncovering potential corruption in company dealings with government officials. News of the corruption comes just weeks after rival
* Supermarkets gain on broker comment * Miners retreat after recent gains LONDON, April 21 (Reuters) – Britain’s top share index fell back in early trade on Wednesday as investors sold miners after recent gains, offsetting strength from food retailers,
BHP Billiton?s shock revelation that it has uncovered evidence of possibly corrupt behaviour by its employees in dealing with government officials highlights the difficulties of operating massive mining projects in developing countries. BHP, which is the
By William C. Kashatus President Obama promised to strengthen oversight of the mining industry last week in the wake of the devastating explosion at West Virginia’s Upper Big Branch mine. The accident was a reminder that in the coal industry, profits
Miner posts lower quarterly production across metals, coal as bad weather bites. 21 Apr 2010 6:27 PM
Zimbabwe’s controversial policy of transferring majority control of foreign-owned firms to black Zimbabweans will begin in the key mining sector, a minister said on Tuesday. Under the regulations, which took effect on March 1, foreign-owned companies
investors were divided by a shareholder resolution aimed at forcing BP to publish more details of its Canadian Oil Sands project. Both Hermes and F&C made statements in praise of the campaign, driven by FairPensions, which was backed by 15% of the oil