BHP Billiton mulls spinning off non-core divisions into $18bn firm
Mining giant BHP Billiton (ASX, NYSE: BHP) (LON: BLT) revealed Tuesday it’s considering spinning off its nickel, manganese, and aluminum businesses into a separate unit, with the purpose of boosting...
View ArticleBHP bullish on coal demand, but says prices to remain weak
World’s No. 1 miner BHP Billiton (ASX, NYSE: BHP) (LON: BLT) said Wednesday it expected demand for coal to keep growing over the next 20 years, despite prices are likely to remain low for a while, as...
View ArticleBHP Billiton a step closer to selling-off non-core operations
Sorry folks, it is all part of the “simplification” strategy. BHP Billiton (ASX, NYSE: BHP) (LON: BLT) — the world’s largest mining company by market capitalization — is a step closer to unload almost...
View ArticleBHP sell-off could undo Billiton historic deal
Experts believe a demerge could lead ultimately to BHP pulling out of London, delisting its shares and closing its office in the capital to leave it with its original Australian-listed stock and...
View ArticleBHP to go ahead with London-listing of demerged $15bn firm
CEO Andrew Mackenzie’s decision reportedly upset a few British investors. BHP Billiton (ASX, NYSE:BHP) (LON:BLT) is set to offer a secondary listing in London for the spin-off company the world’s...
View ArticleBHP bows to pressure, to list spinoff in London
Mining giant BHP Billiton (ASX, NYSE:BHP) (LON:BLT) has made a sharp U-turn on its initial decision to snub a London listing for its $15 billion spinoff of its less-favoured assets, bowing to pressure...
View ArticleBHP closer to unveiling details of upcoming spin-off
"We are now going to be just this big," seems to say BHP CEO Andrew Mackenzie After 13 years as a combined entity, BHP Billiton (ASX, NYSE:BHP) (LON:BLT) is only two weeks away from revealing in...
View ArticleBHP warns more cost cuts, management shake up before demerger
BHP’s Spence copper mine in northern Chile. Mining giant BHP Billiton (ASX, NYSE:BHP) (LON:BLT) warned Monday of further cuts to capital expenditure and a major shake-up of its senior management in the...
View ArticleNew low in oil prices drags BHP Billiton stock below 2009 levels
Fayetteville Shale, Arkansas, U.S. (Image courtesy of BHP Billiton) Shares in BHP Billiton (ASX:BHP), the world’s largest mining company, were severely hurt Monday by what until now was still its...
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