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| Antonio Anastasia e BHP Billiton assinam protocolo para novos investimentos em minério de ferro (Photo credit: Governo de Minas Gerais) |
BHP Billiton, Rio Tinto, Freeport-McMoRan, Goldcorp and New Gold have their work cut out for them, and are scrambling to adjust for potentially lower margins as metals prices drift lower.
The rumor mill has it that BHP Billiton (BHP) is planning on another major acquisition. The British newspaper the Telegraph is reporting that BHP is plotting an acquisition of Walter Energy (WLT), a coal producer based in Birmingham, Alabama.
Walter produces metallurgical, steam, and industrial coal. It also owns a subsidiary that harvests natural gas from coal fields. BHP has been trying to buy into... Continue to read.
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