| 02.02.2009 - Commodities slide puts BHP Billiton in a hole |
| From Independent: It was a monumental week for the big miners as Rio Tinto sold assets, it admitted that it may have to turn to shareholders for extra capital, and talks emerged over a multi-billion investment by Chinalco, while Xstrata said it was to raise £4.1bn in a heavily discounted issue. This was against a background of weaker commodity prices which saw the sector drag down the FTSE 100 at the end of the week..... Full Article: Source |