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Staff Writer August 19, 2014, 5:25 pm. BHP Billiton has announced a massive shift in the company, announcing that it will spin out approximately half of its existing assets in to a new company. In ...

BHP Billiton prides itself on creating long-term shareholder value through the discovery, acquisition, development and marketing of natural resources. Across its global operations, it is committed to working toward Sustainability, Integrity, Respect, Performance, Simplicity and Accountability. It is among the world's largest producers of ...

Houston (21 August) -- BHP Billiton today announced that the company was the winning bidder on each of the 18 blocks it submitted bids on in the Outer Continental Shelf, Western Gulf of Mexico Lease Sale 184, conducted today in New Orleans by the Minerals Management Service (MMS), a bureau of the U.S. Department of the Interior.

BHP Billiton officially opened the doors to its global head office at 171 Collins Street last night, having recently taken up residence in the new Melbourne landmark building. The global head office of the Company has always been in Melbourne since the original BHP headquarters was established a few blocks away at 121 Collins Street West in ...

BHP (NYSE: BHP) is investing in Midland Exploration (TSXV: MD) to support the junior's copper exploration in northern Quebec, including its Mythril copper-gold …

BHP Billiton investment write-offs The shareholders in OTML invested a total of US$1.9 billion in the project, about double initial expectations. In 1985, BHP Billiton wrote-off its entire investment in the Ok Tedi project to that date (A $97 million after tax). In June 2001, BHP Billiton recorded a further A $286 million (after tax) charge to ...

The company will start life with a net debt of around $674 million when it officially splits from BHP Billiton later this year. Once approved, South32 will inherit roughly $1.5 billion in provisions for mine closure and rehabilitation costs. The company states the demerger will cost around $738 million, which will include a large chunk of ...

BHP Billiton will continue to cooperate with the Australian Federal Police investigation, which was announced in 2013. The matter is being resolved with the SEC pursuant to an administrative order which imposes a US$25 million civil penalty. The SEC Order makes no findings of corrupt intent or bribery by BHP Billiton.

The Board of BHP Billiton announced today that Marius Kloppers would succeed Chip Goodyear as Chief Executive Officer from 1 October 2007. In February the Company announced that Mr Goodyear would retire by the end of the year and that a search was underway for a new Chief Executive Officer. Chairman Don Argus said the Board was …

BHP Limited (BHP) and Billiton Plc (Billiton) today formally completed their merger, creating the world's leading diversified resources group, to be known as BHP Billiton. BHP Billiton has an exceptional asset base of low cost, long-life operations with outstanding commodity and country diversification. Based on the closing prices of BHP and ...

Website. BHP Billiton,is a company headquartered in Melbourne, Victoria, Australia.. It mines metals and petroleum. It was founded in 1885, in Broken Hill. Broken Hill is a mining town in the center of Australia. In 2017, BHP was the world's largest mining company, based on market capitalization, [4] [5] and as Australia's third ...

BHP Billiton today announced it had reached agreement with a number of its steel customers on prices for contracted iron ore tonnage for the 2005 contract year. The agreed prices are as follows: - Mt Newman High Grade Fines 61.72 US cents per dry metric tonne unit; an increase of 71.5 per cent. - Prices for Mt Newman High Grade Lump, Pisolite ...

This Monday, March 19, the directors of Billiton and BHP announced plans to merge the two companies to form what they describe as a premier diversified global …

BHP Billiton has determined that the condition of its Offer relating to receipt of a net benefit determination by the Minister of Industry under the Investment Canada Act cannot be satisfied, and accordingly, the Offer has been withdrawn. A total PotashCorp-related transaction cost of approximately US$350 million, of which approximately US$250 ...

BHP is a world-leading resources company. We work in more than 90 locations worldwide and our products are sold globally. We've positioned our business to support the megatrends shaping our world. Iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition. Copper for renewable energy.

BHP Billiton, international natural resources company, formed in 2001 by the merger of BHP Ltd. and Billiton PLC. One of the world's largest mining companies, it is involved in the production of iron, steel, copper, silver, aluminum, oil, and gas. The company also has interests in engineering and.

01 March 2002. BHP Billiton's new Chinese name, Bi He Bi Tuo, literally means that two companies (BHP and Billiton) have merged and will be developing strongly into the future while clearly implying that we are a resources company. It also sounds similar to the way BHP Billiton does in English. Both companies already had their respective ...

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