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BHP Billiton PLC (BLT.L)

BLT.L on London Stock Exchange

1,372.50GBp
8 Dec 2016
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Latest Key Developments (Source: Significant Developments)

BHP Billiton plc - Brazil mining flood could devastate environment for years - Reuters
Sunday, 15 Nov 2015 06:20am EST 

BHP Billiton plc:The collapse of two dams at a Brazilian mine has cut off drinking water for quarter of a million people and saturated waterways downstream with dense orange sediment that could wreck the ecosystem for years to come - RTRS.Nine people were killed, 19 are still listed as missing and 500 people were displaced from their homes when the dams burst at an iron ore mine in southeastern Brazil on Nov. 5 - RTRS.The sheer volume of water disgorged by the dams and laden with mineral waste across nearly 500 km is staggering: 60 million cubic meters, the equivalent of 25,000 Olympic swimming pools or the volume carried by about 187 oil tankers - RTRS.Scientists say the sediment, which may contain chemicals used by the mine to reduce iron ore impurities, could alter the course of streams as they harden, reduce oxygen levels in the water and diminish the fertility of riverbanks and farmland where floodwater passed - RTRS.Samarco Mineração SA, a joint venture between mining giants Vale SA and BHP Billiton and owner of the mine, has repeatedly said the mud is not toxic - RTRS.But biologists and environmental experts disagree. Local authorities have ordered families rescued from the flood to wash thoroughly and dispose of clothes that came in contact with the mud - RTRS.As the heavy mud hardens, Laschesfki says, it will make farming difficult - RTRS.  Full Article

BHP Billiton plc - Brazil court freezes $78 mln in Samarco accounts after disaster - Reuters
Friday, 13 Nov 2015 12:18pm EST 

BHP Billiton plc:A Brazilian court on Friday froze 300 million reais ($78 million) of funds for miner Samarco Mineracao SA, the owner of a mine where two dams burst and killed at least nine people last week, and said the funds could only be used to pay for damages - RTRS.Samarco is a joint venture by two of the world's biggest mining companies, BHP Billiton Ltd and Vale. The companies already face preliminary government fines of 250 million reais - RTRS.The prosecutors who requested the funds frozen said hundreds of families had their homes wiped out by a sea of mud unleashed when the dams burst, destroying 80 or 100 buildings and leaving most of one village homeless, according to a court statement - RTRS.The judge in Minas Gerais state who froze the accounts said Samarco had a responsibility to compensate the victims regardless of the results of an ongoing investigation into the extent of its responsibility for the disaster - RTRS.  Full Article

BHP Billiton Plc declares dividend
Monday, 14 Sep 2015 03:35am EDT 

BHP Billiton Plc:Says the board of BHP Billiton determined to pay a final dividend for the year ended June 30 of 62 US cents per share.Says the dividend will be paid on Sept. 29.  Full Article

BHP Billiton plc declares final dividend
Tuesday, 25 Aug 2015 02:48am EDT 

BHP Billiton plc:Determined to pay a final dividend of 62 cents per share.Ex-dividend Date London Stock Exchange is Sept. 10.Record date is Sept. 11.Payment date is Sept. 29.  Full Article

BHP Billiton PLC completes implementation of demerger of South32
Tuesday, 26 May 2015 02:00am EDT 

BHP Billiton PLC:Says that implementation of demerger of South32 from BHP Billiton was completed on May 26.Says that shares in South32 Ltd have been distributed to eligible BHP Billiton shareholders.Says number of South32 ordinary shares on issue was 5,323,762,901 as at May 25.  Full Article

BHP Billiton to pay $25 mln Beijing Olympics corruption fine - The Telegraph
Wednesday, 20 May 2015 07:11pm EDT 

BHP Billiton:Says it has agreed to pay $25 mln (16 mln Pounds) to settle charges from the US Securities and Exchange Commission (SEC) relating to hospitality provided by the company at the 2008 Beijing Olympic Games - The Telegraph.The SEC said that the guests were mainly from Africa and Asia, and were offered up to four days of hospitality at the event, which included tickets, luxury hotel stay and excursions with a total value of between $12,000 and $16,000.  Full Article

BHP Billiton prices 2.0 billion Euro bond
Wednesday, 22 Apr 2015 12:49pm EDT 

BHP Billiton:Says it has priced a three tranche Euro denominated bond under its Euro Medium Term Note Programme.The Euro bond issue comprises 600 million Euros Floating Rate Notes due 2020 paying interest at 3 month Euribor plus 35 basis points, 650 million Euros 0.750 pct bonds due 2022 and 750 million Euros 1.500 pct bonds due 2030.The proceeds will be used for general corporate purposes.  Full Article

BHP Billiton prices A$1.0 billion note issue
Thursday, 19 Mar 2015 01:38am EDT 

BHP Billiton:Says it has priced a five year A$1.0 billion note issue under its Australian medium term note program.Says the Australian dollar notes will pay interest at 3.00 per cent and mature in March 2020.The proceeds will be used for general corporate purposes.  Full Article

BHP Billiton to demerge South32
Monday, 16 Mar 2015 05:39pm EDT 

BHP Billiton Ltd:Recommends shareholders vote in favour of demerger of South32.With more focused portfolio, BHP Billiton will be better placed to achieve further productivity benefits in its core assets.South32 will be substantial company with diversified portfolio of high quality, cash generative assets.Eligible shareholders will receive one South32 share for every BHP Billiton share.Says that it will maintain its commitment to progressive dividend policy and does not plan to rebase its dividend following demerger, implying higher payout ratio.South32 intends to distribute minimum of 40 pct. of underlying earnings as dividends to its shareholders following each six month reporting period.Shareholder vote scheduled for May 6.  Full Article

BHP Billiton PLC to pay interim dividend
Friday, 6 Mar 2015 04:58am EST 

BHP Billiton PLC:To pay an interim dividend for half year ended Dec. 31, 2014 of 62 US cents per share.Payable on March 31.Says exchange rates applicable to dividend being paid in other currencies will be based on foreign currency exchange rates on record date, being March 13, and will be announced to market.  Full Article

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Mexico's Pemex sees more tie-ups after first joint venture

MEXICO CITY Fresh off a historic tie-up with Australia's BHP Billiton Plc, Pemex [PEMX.UL] is aiming for more than five additional joint ventures with other major producers over the next two years, the chief executive officer of the Mexican state oil firm said on Monday.