I've come across the following:DJ UPDATE: Miner BHP Has Interest...

I've come across the following:

DJ UPDATE: Miner BHP Has Interest In Brazil Iron Ore - Report
Friday, April 18, 2008; Posted: 01:09 PM

Australian mining giant BHP Billiton (BHP) has an interest in acquiring iron ore mining activities in Brazil, the president of the company's iron ore mining unit said Friday.

According to Ashby, BHP Billiton has an interest in diverse minerals in Brazil but that Brazilian iron ore was "very interesting."

Sebastiao Ribeiro, president of BHP Brasil, told Estado that the mining giant's investments in Brazil could come in the form of acquisitions or development of new reserves.

"We have a team of geologists searching for reserves, and we have also received proposals from various junior companies," Ribeiro said.

"If there is a good business that someone wants to sell, we'll evaluate," Ribeiro added.

Time for me to go now - getting ready for a party tonite. have a nice w/end ya'll