BHP Billiton Ltd (BHP.N)
25 Jul 2017
LONDON/VANCOUVER Mining giant Glencore Plc is working with a Canadian pension fund to create a standalone 50:50 joint venture for its portfolio of royalty assets, two sources with knowledge with the matter said on Friday.
July 21 Bank stocks lost steam and pulled Australian shares lower on Friday as investors booked profits after two sessions of strong gains.
MELBOURNE A plan by top global liquefied natural gas (LNG) exporter Qatar to ramp up output will stall the expected growth of U.S. LNG exports, the head of Australia's Woodside Petroleum, operator of the country's biggest LNG plant, said.
SYDNEY Activist shareholder Elliott Management said it has deep concerns over a proposal by BHP to enter the currently over-supplied fertilizer market, reiterating its call for change at the mining giant.
SYDNEY, July 20 Activist shareholder Elliott Management said it has deep concerns over a proposal by BHP to enter the currently over-supplied fertiliser market, reiterating its call for change at the mining giant.
SYDNEY BHP said it will spend A$350 million ($277 million) to boost capacity by about 6 percent at its underperforming Olympic Dam copper smelter, cutting production during the upgrade.
SYDNEY, July 19 BHP said it will spend A$350 million ($277 million) to boost capacity by about 6 percent at its underperforming Olympic Dam copper smelter, cutting production during the upgrade.
SYDNEY Australia has revised down the value of its resources and energy export earnings in the year to end-June 2017 by 4.6 percent, or nearly A$10 billion ($7.6 billion), due largely to falling prices for iron ore, its most valuable export.
SYDNEY/MELBOURNE Mining giant BHP on Friday named successful packaging executive Ken MacKenzie as its next chairman, handing him the job of tackling calls to dump its oil business and overhaul the board.
* BHP under pressure to review structure, dump petroleum (Adds shareholder comment, paragraphs 4-5)
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