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BHP chief says big mining will meet demand

Big mining houses have the capacity to meet rising demand for fuels and ores, says Marius Kloppers, downplaying fears by industrialising nations over ‘resources security’

Lonmin hit by strength of rand

The platinum mining group swung to a pre-tax loss after metals prices slumped and it was forced to take action to restructure the company. But the group said prices were expected to rise over the next two years

Asian exporters told to adapt to poor demand

Asia’s export-focused companies must adapt to continued sluggish global consumer demand, says a leading business advisory firm

Cost cuts deliver for Deutsche Post

German mail and logistics group reports that cost cuts have helped its underlying earnings for 2009 come in higher than expected

ADM profits fall 52% but beat expectations

One of the world’s largest grain processors said it saw demand improving in key markets as its profits more than halved, although the results far exceeded expectations

ArcelorMittal plans 50% rise in spending

The steelmaker aims to take advantage of growth opportunities in emerging markets as more signs are pointing to a broad upturn in the steel industry

World View: Winning over Canberra

The Australian government’s approval of Yanzhou Coal’s bid for Felix Resources provides pointers on how foreign deals need to be restructured to win backing

Fortescue’s ore suits China to the ground

Less than five years after drilling commenced, the company has shipped more than 40m tonnes of iron ore

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