BHP Billiton News

Unless some evidence of construction work has been made by year end on the programmed $33 billion expansion of the Olympic Dam copper and uranium mine project, it is likely that It's now all systems go for BHP Billiton Ltd.

BHP Billiton Ltd. , the world's biggest mining company, will lose the right to proceed with the $33 billion Olympic Dam copper-uranium expansion in Australia if it doesn't start work by the end of the year, pressuring the the board to approve the project as commodity prices decline.

BHP Billiton Group - SWOT Analysis examines the company's key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.

Hernandez, previously head of base metals at BHP Billiton Ltd. , will leave the post June 1 for personal reasons to be replaced by Chief Financial Officer Thomas Keller , according to a statement on the Chilean securities regulator's website.

MELBOURNE May 24, 2012--Standard & Poor's Ratings Services said today that it had assigned its 'A+' long-term credit rating to BHP Billiton Finance Ltd.'s drawdown from its existing EUR20 billion medium-term note program.

Australian stocks moved higher early Thursday, with resources leading the gains ahead of Chinese economic data later in the session and as news from an informal European leaders' summit trickled out.

BHP Billiton Ltd. signage is mounted on a wall in the lobby of the company's headquarters in Melbourne, Australia.

The Queensland government has withdrawn its support for a 9 billion Australian dollar coal port expansion in the northern part of the state, in a sign the country's resources boom is losing steam.

Separately, analysts at Zacks upgraded shares of BHP Billiton from an "underperform" rating to a "neutral" rating in a research note to investors on Thursday, March 22nd.

BHP Billiton Ltd. has decided to withdraw from a prospecting joint venture in Australia following a commercial and technical review of a drilling campaign at the 7.5-million-ounce Altia silver deposit, smaller partner Breakaway Resources Ltd.

As the health of the global economy, in lightning speed, turns from nasty to gloomier, even big spenders stop and pause to think if it ought to continue and pursue valiantly plans of improvement and expansion.

Demand for mining services remains robust in spite of the uncertain global economic outlook, the chief executive of Boart Longyear said Thursday.

Australian shares rose early Thursday, staging a partial recovery after political uncertainty in Greece helped send stocks to their worst levels this year in the previous session.

BHP Billiton Ltd., the world's biggest mining company, will fall short of its $80 billion spending target for building mines and expanding assets over the next five years as it sees commodity prices declining.

BHP Billiton Ltd. backed away Wednesday from ambitious spending plans that would have led the company to invest around $80 billion on new projects in the next five years.

Australian shares declined early Wednesday, tracking falls for offshore markets after the situation in Greece deteriorated, with the country likely to hold fresh elections next month.

In trading on Tuesday, shares of BHP Billiton Ltd. entered into oversold territory, changing hands as low as $65.50 per share.

BHP Billiton Ltd. is tweaking the sequence of its capital expenditure plans to maximize value and reduce risk as miners face the prospect of lower cash-flow generation, the company's chief executive said Tuesday.

LONDON Globally diversified miner BHP Billiton Ltd sees a "window of opportunity" in the iron ore market as emerging economies such as China transition from investment-led economic growth to consumption-led economic growth.China, the world's largest steel producer and consumer, is forecast to increase crude steel production to 1.1 billion metric ... (more)

BHP Billiton Ltd. Monday highlighted the quick payback shale production offers, although the head of the company's petroleum arm said the number of rigs operating on its recently acquired acreage in the U.S. will be reduced until gas prices rebound.