|Bid||29.10 x 0|
|Ask||29.18 x 0|
|Day's Range||28.93 - 29.22|
|52 Week Range||22.06 - 32.16|
|PE Ratio (TTM)||33.10|
|Earnings Date||Feb 19, 2018 - Feb 23, 2018|
|Forward Dividend & Yield||1.76 (6.05%)|
|1y Target Est||25.15|
BHP's Escondida copper mine in Chile, the world's largest, said on Wednesday that it has invited its powerful workers' union to start early talks on a new collective labour contract. Last year, a more than month-long strike at Escondida ended with workers opting to extend their previous contract through July 31 of this year instead of replacing it. "This invitation seeks to open a space of dialogue and respect in which the current challenges of the company and the legitimate interest of its workers can be address together," the company said in a statement without proposing a date.
Production at Anglo American’s giant iron ore mine in Brazil has been disrupted after a leak was found in a pipeline used to transport the steelmaking ingredient to a port more than 500km away. The London-listed ...
Oil and gas producer Woodside Petroleum said on Monday BHP Billiton has agreed to the sale of ExxonMobil Corp's 50 percent interest in Scarborough, making it the operator of the remote, deepwater gas field ...
Futures contracts for key commodities were tumbling in China on Friday and Australian mining stocks plunged to a two month low amid weakening sentiment after US president Donald Trump formally adopted ...
Royal Dutch Shell Plc (RDSa.L) and U.S. private equity firm Blackstone Group LP (BX.N) are working on a joint $10 billion (7.24 billion pounds) bid for BHP Billiton Plc's (BLT.L) U.S. shale assets, Sky News said on Thursday. Shell and Blackstone's offer will only be one of several credible proposals that BHP will receive for its U.S. shale operations, Sky News said, citing banking sources.
MILAN (Reuters) - The UK's top share index ended the session in positive territory on Thursday but lagged European peers as falling metal prices hit commodity stocks and a number of British blue chips ...
Chile's state-owned mining company Codelco, the largest copper producer in the world, received environmental approval this week to build a $1 billion desalination plant to supply water to its operations in the country's northern region. The go-ahead from the Antofagasta region's environmental regulator will allow the company to expand its Radomiro Tomic mine and advance with an ambitious investment plan in its water-intensive mining operations in one of the driest deserts in the world. The plant would be the second-largest desalination plant in the South American country, behind the one supplying BHP's Escondida copper mine, the largest in the world.
Global miner BHP (BHP.AX) (BLT.L) will consider swapping certain onshore oil and gas assets with competitors' offshore assets, as part of its effort to exit U.S. shale formations, Steve Pastor, BHP's president for petroleum operations, said on Wednesday. BHP, facing calls from activist investor Elliott Advisors tomake changes to its business, had previously said it plans to sell its onshore U.S. shale assets. “We’re also talking with some counterparties in very specific circumstances about the potential to do some asset swaps and pick up some high quality tier 1 acreage," Pastor said, referring to the most promising offshore assets.
Developers behind Mexico's flagship deepwater oil venture Trion are considering using a floating facility to handle production from the massive field in the Gulf, the companies said on Tuesday. The decision would allow output from the Pemex and BHP Billiton (BHP.AX) project to be offloaded to tankers, instead of transporting it via pipelines to the United States. A floating production storage and offloading facility (FPSO) could be more expensive, but offers greater flexibility in export destinations.
Mexico's state-run oil company Pemex plans to reach out to existing partners to form new joint ventures for a pair of deepwater blocks it won in a January auction, the company's chief told Reuters on Monday. Pemex is running out of time to find partners for key oil and gas projects as the government looks to show progress from its energy agenda ahead of a July presidential election. The oil company is relying on foreign capital to reverse declining output and refining amid an ambitious energy reform.
Mexico's state-run oil company Pemex plans to reach out to existing partners to form new joint ventures for two deepwater blocks it won in a January auction, the company's chief executive officer told Reuters on Monday. The company will start talks with oil companies, including the United States' Chevron Corp, Japan's Inpex Corp and Australia's BHP Billiton Ltd, which are its partners in other oil and gas projects, Carlos Trevino said on the sidelines of the CERAWeek by IHSMarkit energy conference.
Britain's top share index recovered a little lost ground on Monday thanks to gains among mining companies and commodity stocks which had been among the worst hit after U.S. President Trump threatened higher tariffs on steel and aluminium imports. The FTSE 100 (.FTSE) was up 0.7 percent at 7,103.30 points by 1008 GMT, in line with a broadly positive European market. UK stocks also underperformed European peers with Germany's DAX (.GDAXI) ending the day up 1.5 percent and the STOXX 600 (.STOXX) up 1.1 percent.
The chief executive of Anglo American saw his pay package jump almost 70 per cent last year after shares awarded under a long-term bonus scheme vested. Mark Cutifani was paid £6.7m in 2017, up from £4m ...
Executives at Brazilian miner Vale said on Wednesday that the Samarco mine may resume operations around the end of this year or in early 2019, but cautioned that the process depends on obtaining environmental ...
(Reuters) - Mining contractor Downer EDI Ltd (DOW.AX) said on Wednesday that it was awarded a A$600 million (336.1 million pounds) mining services contract at the Blackwater coal mine in central Queensland. ...
Asia's booming liquefied natural gas (LNG) market has seen exchanges and commodity price agencies vie to become the region's leading price benchmark. With over 70 percent of global LNG consumed in Asia, and growth concentrated in this region, it adds a potentially lucrative business to the company's already profitable operations providing oil price assessments. Platts says LNG swaps volumes, settled against its Japan Korea Marker (JKM) LNG price assessments, quadrupled in 2017 to 50,266 lots, equivalent to around 170 tankers of LNG and the growth has continued this year.
BHP Billiton Ltd and ExxonMobil Corp's Esso Australia said on Friday they have dropped a sale process started 20 months ago for some of Australia's oldest and largest oilfields. "BHP and Esso have reached a decision to not progress with the sale of some offshore assets owned by the Gippsland Basin Joint Venture," a BHP spokeswoman said in an email. The venture in Australia's Victoria state began operations in 1969, according to BHP's website.
BHP Billiton (BHP.AX) (BLT.L) will not move its low tax-paying Singapore marketing hub even if Australia goes ahead with plans to cut corporate taxes, Chief Executive Andrew Mackenzie said on Thursday. BHP's Singapore office is the focus of a long-running fight with Australia's tax office, which argues the company is shifting profit to Singapore on the sales of its mostly Australian products to minimise tax. Mackenzie reiterated the company has to base its marketing operations in Singapore to be close to its customers, most of whom are in Asia, and would not move it to Australia.
Moody's Investors Service says BHP Billiton Limited's (A3 positive) performance for the half-year ended 31 December 2017 (1H 2018) is credit positive and strengthens the company's position within its credit ...
By Julien Ponthus LONDON (Reuters) - European shares rose on Tuesday thanks to a slew of well-received results, though banks were a weak spot after HSBC (HSBA.L) reported weaker than expected earnings ...
MELBOURNE/LONDON (Reuters) - Global miner BHP, seeking to fend off activist investor Elliott Advisors, handed an extra $800 million (573.07 million pounds)to shareholders but its share price slid on Tuesday after costs rose and interim results fell short of forecasts. All the major miners have recovered strongly as commodity prices have rebounded from the 2015-16 crash. BHP must also contend with Elliott, which has a stake of around 5 percent in its London arm, and has made a series of demands that it says will increase shareholder returns.
Colombia, the world's fifth-largest exporter of coal, produced 89.4 million tonnes in 2017, down 1.2 percent from output the year before, the Energy and Mining Ministry said in a statement on Monday. The ...