Fortescue Metals Group Ltd is a step closer to obtaining access to railways owned by BHP Billiton Ltd and Rio Tinto Ltd after Treasurer Wayne Swan ruled they should be opened to third parties.
Rio Tinto Ltd, the world’s second largest iron ore producer, says it is disappointed by the federal government’s decision to allow third-party [...]

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Global mining giant Rio Tinto Ltd has signed two agreements with the world’s largest copper producer CODELCO, to explore for the base metal in Chile.
The first agreement covers the Esteli prospect which adjoins the Exploradora property in northern Chile. 
The second agreement covers the Paloma prospect near the El Tesoro min and the BHP Billiton Ltd-operated [...]

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British-Australian mining giant BHP Billiton said on Tuesday it had agreed to buy mineral exploration and development company  Anglo Potash for $CAD284 million equivalent to $AUD300 million.
BHP Billiton is the world’s largest diversified natural resources company, with some 39,000 employees across 100 operations in over 20 countries.
Anglo’s president and CEO, Todd Montgomery said “We are [...]

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The life of the gas and oil operation on coastal Western Australia has been extended due to the participants of the North West Shelf Venture project approving a $5 billion expansion project.
The North Rankin 2 development will include the installation of a platform which stands in 125 metres of water, 135 kilometers off Karratha. [...]

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