Mining
CBI files FIR against former environment minister Jayanthi Natarajan
09 Sep 2017
She had earlier claimed that the environment clearance for Electrosteel’s mining project was given on "specific requests" from party vice-president Rahul Gandhi, but Gandhi had denied any involvement
BHP Billiton to exit loss-making US shale business
22 Aug 2017
The mining giant, which announced a 192 per cent increase in its net profit to $5.89 billion for the year ended 30 June and a 24 per cent rise in revenues to $38.29 billion, instead opted to reward investors with a three-fold hike in dividend to 43 cents a share and return $2.5 billion to its bondholders
Rio Tinto’s H1 profit more than doubles to $3.94 bn
02 Aug 2017
The Ango-Australian mining giant rewarded shareholders with a bumper dividend totalling $2 billion and an additional share buyback of $500 million, taking total payout to $2.5 billion
