bhp billiton ltd-spon adr (BHP) Key Developments
BHP Billiton Announces Earnings Results for the First Quarter Ended March 2015
Jun 26 15
BHP Billiton announced earnings results for the first quarter ended March 2015. For the quarter, the company's net earnings amounted to $498 million against $451 million
in the same period of 2014.
BHP Billiton Cuts 140 Jobs
Jun 25 15
BHP Billiton announced that it is cutting 140 jobs, with the majority of those roles coming from its Adelaide office. The company announced that it would also bring about 130 contractor positions in-house and the roles could potentially be filled from the redundancies.
BHP Billiton Mulls Acquisitions
Jun 23 15
BHP Billiton Limited (ASX:BHP) is looking to conventional oil for growth, preferably through exploration but possibly through acquisitions.
BHP, Teck Resources Reportedly Among Suitors For Zaldivar Mine
Jun 19 15
BHP Billiton Limited (ASX:BHP) and Teck Resources Limited (TSX:TCK.B) are among companies entering the final round of bidding to acquire a stake in Zaldivar copper mine in Chile from Barrick Gold Corporation (TSX:ABX), Bloomberg reported citing people familiar with the matter. Zijin Mining Group Co. Ltd. (SEHK:2899) is in the race for the asset, which is expected to be valued at at least $2 billion, the people said, asking not to be identified as the information is private. Barrick is seeking a buyer for 50% of the mine, while some of the suitors are interested in buying the whole asset, two people said. A final decision on the winner is likely to be reached in July, 2015, they said. Spokesmen for Barrick, BHP and Teck declined to comment. A representative for Zijin Mining didn’t respond to requests for comment.
Keith Rumble to Retire as Independent Non-Executive Director of BHP Billiton Limited and BHP Billiton
May 22 15
Keith Rumble will retire as an independent non-executive Director of BHP Billiton Limited and BHP Billiton Plc with effect as of 22 May 2015.