Key Developments: BHP Billiton Ltd (BHP.N)

BHP.N on New York Stock Exchange

30 Sep 2014
Price Change (% chg)

$-0.13 (-0.22%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Search Stocks

Latest Key Developments (Source: Significant Developments)

BHP Billiton announces final dividend
Tuesday, 19 Aug 2014 02:59am EDT 

BHP Billiton:To pay a final dividend of $0.62 per share.Record Date Sept. 05.Payment date Sept. 23.  Full Article

BHP Billiton announces senior executive changes
Tuesday, 19 Aug 2014 02:45am EDT 

BHP Billiton:Says Graham Kerr, currently chief financial officer of BHP Billiton is appointed Chief Executive Officer designate of the new company that BHP Billiton plans to form in a demerger.Graham will retire from the Group Management Committee on Oct. 01 and will be replaced as CFO by Peter Beaven, currently President, Copper.Brendan Harris, currently Head of Group Investor Relations, has been appointed CFO designate of the new company.  Full Article

BHP Billiton announces creation of new global metals and mining company
Tuesday, 19 Aug 2014 02:43am EDT 

BHP Billiton:Plans to create an independent global metals and mining company based on a selection of its high-quality aluminium, coal, manganese, nickel and silver assets.Separating these businesses via a demerger has the potential to unlock shareholder value by significantly simplifying the BHP Billiton Group and creating two portfolios of complementary assets.BHP Billiton Limited and PLC shareholders would be entitled to 100 pct of the shares in NewCo through a pro-rata in-specie distribution.It is intended that NewCo would be listed on the Australian Securities Exchange and would have an inward secondary listing on the Johannesburg Stock Exchange.  Full Article

BHP Billiton announces dividend dates
Thursday, 26 Jun 2014 02:00am EDT 

BHP Billiton:Proposed dates for the FY 2014 final dividend.Record Date Sept. 05.Payment Date Sept. 23.  Full Article

Cassini Resources Ltd completes acquisition of West Musgrave Project
Monday, 5 May 2014 11:01pm EDT 

Cassini Resources Ltd:Completion of the acquisition of BHP Billiton Limiteds West Musgrave Project has occurred, following satisfaction of the Conditions Precedent to the transaction, which were largely procedural.Says it has paid the upfront consideration of A$250,000 to effect settlement.Says it will take delivery of database of geological information and exploration data, which was generated by Western Mining Corporation Limited and BHP Billiton over the past 15 years.Says it will immediately commence reinterpretation of this data to focus on the company’s exploration strategy, which is designed to test the potential for a higher grade, lower tonnage development scenario at the West Musgrave Project.Once Cassini has had an opportunity to complete detailed analysis of this data, it will provide a technical update to the market.This update is anticipated to be released in the next week or two.  Full Article

Cassini Resources Ltd acquires BHP Billiton’s West Musgrave Project
Wednesday, 2 Apr 2014 05:00pm EDT 

Cassini Resources Ltd:Announced that it  has  executed a sale and purchase agreement to acquire 100 pct. of the West Musgrave Project  in Western Australia from BHP Billiton Nickel West Pty Ltd and BHP Billiton Minerals Pty Ltd,  two subsidiaries of BHP Billiton Limited.  Full Article

BHP Billiton Ltd to pay interim dividend
Monday, 17 Feb 2014 07:00pm EST 

BHP Billiton Ltd:Says that it will pay an interim dividend of 0.59 per share.Record date is March 7 and the payment date is March 26.  Full Article

BHP Billiton Ltd announces holding interest of BlackRock Inc and subsidiaries
Monday, 13 Jan 2014 05:17pm EST 

BHP Billiton Ltd:Says that BlackRock Inc and subsidiaries have an interest in 155,617,658 ordinary shares of the BHP Billiton, representing 4.84 pct. of the total voting power.  Full Article

Otto Energy Ltd executes letter of intent to assume BHP Billiton's interest in SC55
Wednesday, 27 Nov 2013 04:43pm EST 

Otto Energy Ltd:Executes letter of intent with BHP Billiton Ltd's BHP Billiton Petroleum (Philippines) Corp (BHPB), proposing to terminate the farm-out agreement between the two parties over Service Contract 55 (SC55), offshore Philippines.Says the letter of intent contemplates the re-assignment of BHPB's 60% working interest to Otto, taking Otto's working interest to 93.18%, subject to approval of the re-assignment by the Philippines Department of Energy.Says uUpon approval of the re-assignment by the DOE, Otto will accept the re-assignment of BHPB's 60% working interest and BHPB will pay $3.0 mln to Otto.Says Otto undertakes to lodge a Sub-Phase four work program and budget with the DOE.Says BHPB will pay a further $24.5 mln to Otto upon drilling the first exploration well in SC55.Says BHPB has no enduring rights to any future exploration outcomes or obligations.  Full Article

BHP Billiton Ltd Says Talks Continue Over Guinea Iron Ore Stake Sale-Reuters
Thursday, 24 Oct 2013 04:08pm EDT 

Reuters reported that BHP Billiton Ltd said it was still in talks to sell its stake in a iron ore deposit in Guinea, despite lengthy negotiations that have prompted questions over the potential for a deal. Mount Nimba - like other iron ore projects in Guinea including the giant Simandou deposit - has faced questions over the stability of the West African country and the possibility of exporting through neighbouring Liberia, which is vital to making mines profitable at current prices. It has also been unclear whether BHP would continue the talks, started under its previous management team, if buyer appetite eased off and at a time when iron ore prices have held up.  Full Article

UPDATE 2-BHP considers London listing for new company

* Listing in London would be standard, rather than premium (Adds shareholders comment)

Search Stocks