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BHP Appoints New Iron Ore President


Chris Campbell, the ex- nickel executive has been appointed as the new iron ore president by mining giant BHP Billiton (BHP) as the merger of its West Australian iron ore projects with Rio Tinto gathers pace. The merger is expected to prompt top-level restructuring in the mining companies. Mr. Campbell, who was playing the lead role in the iron ore merger talks on behalf of BHP Billiton since last June will be replacing Ian Ashby.

Arrow Sees the Biggest Drop in Share Price in More than a Year


Arrow Energy (AOE), one of the leading Australian coal seam gas explorer and producers, has seen the biggest drop in its share price in more than a year following an announcement made by the company that it was conducting an investigation regarding raising funds to develop the Fisherman's Landing liquefied natural gas project at Gladstone that worth more than $2 billion.

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