- BHP plans to initially evaluate the mining prospects for the project.

Other headlines for [BHP]

• AA Yesterday 04:07pm
  Alcoa Inc Cutting smelting output 18%, cutting 13.5K jobs (about 13% of workforce), freezing salaries, selling certain downstream businesses; expects Q4 charges of $900-950M ($1.13-1.19/shr)- Further smelting more...
  
• BHP 12/29/2008 11:46pm
  BHP Billiton Ltd Says that it has not been approached regarding its mining agreements in Guinea- Says that its office in Guinea is still open. - Note: On 12.23, Guinea's long leading President died, at which time a more...
  
• 12/27/2008 05:42pm
  Guinea's coup leader Camara has halted the country's mining contracts and gold extractions- The leader said that the moves are part of an anti-corruption drive. - The leader also said that mining more...
  
• BHP 12/22/2008 06:14pm
  BHP Billiton Ltd Terminates talks with Cloncurry Metals (CLU.AU)- Further details not disclosed.
  
• 12/15/2008 08:13am
  (CL) Chile's Codelco CEO: Copper market seen stabilizing in 2011- He said prices for copper, Chile's main export, would only stabilize once the global financial crisis eases.
  

Materials sector headlines

• Today 12:28pm
  Lyondell Spokesman: Bankruptcy filing will not impact operations at Houston refinery - interview
  
• AA Today 12:02pm
  Alcoa Inc S&P notes they "may" cut ratings; currently rated BBB+
  
• ZOLT Today 10:53am
  Zoltek Companies, Inc Hearing shares cut to Accumulate from Buy at ThinkPanmure (timing uncertain)
  
• APD Today 10:14am
  Air Products and Chemicals Inc Will extend their 10-year production joint venture with Showa Denko- JV for etch and chamber cleaning products such as tetrafluoromethane (CF4) and hexafluoroethane (C2F6); to build a new production more...
  
• MON Today 10:03am
  Monsanto Co BofA/Merrill Lynch maintains buy rating, price target $115