News: Minara Resources Limited (MRE.AX)

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Tue, Dec 8 2009

First Quantum to buy BHP nickel mine

MELBOURNE (Reuters) - Canadian miner First Quantum Minerals has agreed to buy BHP Billiton closed Ravensthorpe nickel mine for $340 million (307 million pounds), paving the way to revive 5 percent of world nickel capacity.

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RPT-UPDATE 3-First Quantum eyes restart of idle BHP nickel mine

* Expect to reopen Ravensthorpe in "reasonable timeframe"

First Quantum eyes restart of idle BHP nickel mine

MELBOURNE (Reuters) - Canadian miner First Quantum Minerals has agreed to buy BHP Billiton closed Ravensthorpe nickel mine for $340 million, paving the way to revive 5 percent of world nickel capacity.

BHP to sell Ravensthorpe to First Quantum: report

SYDNEY (Reuters) - BHP Billiton has agreed to sell its shuttered Ravensthorpe laterite nickel mine to Canadian miner First Quantum Minerals for more than A$300 million ($272 million), the Australian Financial Review newspaper said on Wednesday.

UPDATE 1-BHP to sell Ravensthorpe to First Quantum -report

SYDNEY, Dec 9 (Reuters) - BHP Billiton has agreed to sell its shuttered Ravensthorpe laterite nickel mine to Canadian miner First Quantum Minerals for more than A$300 million ($272 million), the Australian Financial Review newspaper said on Wednesday.

BHP denies rift on Rio iron ore tie-up

BRISBANE (Reuters) - Global miner BHP Billiton dismissed talk on Thursday that rival Rio Tinto was baulking at a proposed $116 billion (69 billion pounds) joint venture in iron ore, insisting the two were close to a binding agreement.

BHP denies Rio backsliding on iron ore tie-up

BRISBANE (Reuters) - Global miner BHP Billiton dismissed talk on Thursday that rival Rio Tinto was baulking at a proposed $116 billion joint venture in iron ore, insisting the two were close to a binding agreement.

UPDATE 2-BHP denies Rio backsliding on iron ore tie-up

* BHP dismisses talk Rio getting cold feet on iron ore jv

ADR Report-Foreign shares rise after US jobless, housing data

NEW YORK, Nov 25 (Reuters) - Overseas shares traded in the United States rose on Wednesday after positive data on the U.S. housing and labor markets, considered two of the biggest hurdles to the recovering economy.

Minara, China group in Ravensthorpe bid: source

SYDNEY (Reuters) - Australian nickel miner Minara Resources Ltd will submit a joint bid with a Chinese firm on Wednesday for BHP Billiton's Ravensthorpe nickel operation, a source familiar with the bid told Reuters.

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