BHP Billiton and Petrohawk Energy Corporation («Petrohawk») announced late yesterday that the companies have entered into a definitive agreement
for BHP Billiton to acquire Petrohawk for $ 38.75 per share by means of an all - cash tender offer for all of the issued and outstanding shares of Petrohawk, representing a total equity value of approximately $ 12.1 billion and a total enterprise value of approximately $ 15.1 billion, including the assumption of net debt (more...)
A new deal on climate change would translate to new taxes and regulations on these companies» primary products, such as coal, which is 14 percent of sales as of June 30 this year
for BHP.
I've actually only done work
for BHP since April 2012.
For growth investors, analysts project a positive earnings - per - share trend
for BHP Billiton over the next five years.
For BHP Billiton, earnings - per - share growth is expected to come it at 5.20 percent.
Strong iron ore export data from Port Hedland typically bodes well
for BHP Billiton and Fortescue Metals Group, the two biggest exporters from the port.
Crowe: When you put it in context, there was this weird pause
for BHP and Vale in the sense of, this is bad, we don't know how bad it's going to be, but it's probably going to be pretty bad.
HOUSTON (Reuters)- Royal Dutch Shell Plc (RDSa.L) and U.S. private equity firm Blackstone Group LP (BX.N) are working on a joint $ 10 billion bid
for BHP Billiton Plc's (BLT.L) U.S. shale assets, Sky News said on Thursday.
This includes work
for the BHP Billiton Foundation on the vast Ten Deserts Project — helping Indigenous Australians restore globally significant deserts — and the Great Barrier Reef, and issuing a global forests bond for BHP and a sovereign green bond for Fiji.
Royal Dutch Shell and Blackstone are working on a joint $ 10 billion bid
for BHP's U.S. shale assets, Sky News reported on March 8.
HOUSTON, March 8 Royal Dutch Shell Plc and U.S. private equity firm Blackstone Group LP are working on a joint $ 10 billion bid
for BHP Billiton Plc's U.S. shale assets, Sky News said on Thursday.
The environmental watchdog has given the green light
for BHP Billiton's planned 80 million tonnes per annum South Flank iron ore development, with first ore targeted in 2021.
This is important
for BHP, because these are two of the markets they deal in.
The problems
for BHP Billiton's management team didn't start with the South32 proposal, but that plan has brought things to a head.
One feels sorry
for BHP and RIO except when one remembers that BHP, RIO and Xstrata negotiated the MRRT without FMG, Hancock, or any of the other iron ore miners like Atlas, Mt Gibson, and BC Iron.
But that in turn could open the door
for BHP to make another run at Potash Corp..
Access to our data
for BHP Billiton Nickel West is only available to paid subscribers with BNiQ access.
Not exact matches
BHP Billiton's blockbuster bid
for Potash Corp. was a different matter.
Executives at mining giants
BHP Billiton and Rio Tinto have recently told investors that they hope Belt and Road could revive China's metal exports, boosting demand
for their iron ore.
When
BHP Billiton was in the process of establishing its coal and base metals offshoot, South32, a key factor
for many who decided to join the new business was their desire to work with its chief executive, Graham Kerr.
Australian - based
BHP's $ 39 billion bid
for Saskatchewan's Potash Corporation was blocked by the Canadian government in 2010.
Miners such as Vale, Rio Tinto,
BHP Billiton and Fortescue typically don't hedge or fix prices
for future sales because that means their earnings can be lower if prices increase.
Since November, their majority owners (multinational mining giants
BHP Billiton and Rio Tinto, respectively) both have commenced reviews of their diamond operations, effectively putting both mines up
for sale.
BHP Billiton also said Tuesday that its annual profit fell nearly 30 per cent on lower prices
for copper, coal and iron ore.
«Investment at Jansen is creating a valuable asset and we will continue to pursue a development path that maximizes returns
for shareholders,» said
BHP Billiton CEO Andrew Mackenzie,
Decmil Group has been awarded a $ 13 million contract
for work at
BHP Billiton's South Flank iron ore project near Newman.
Mining giant
BHP Billiton has announced plans to construct a new eight - pen tug harbour at Hunt Point in Port Hedland, as well as purchase six additional tugs,
for $ US240 million ($ A326 million).
Local waste management company Tox Free Solutions has won a new contract
for work at
BHP Billiton's Olympic Dam mine in South Australia, along with an extension
for ongoing work at Chevron's Western Australian assets,
for an undisclosed sum.
Western Australia - based Southern Cross Electrical Engineering has won a $ 25 million contract with
BHP Billiton Iron Ore
for electrical and instrumentation works at the Yarnima power station near Newman.
The blooper reel is long: the will - they - or - won't - they reality show surrounding
BHP Billiton's scuttled bid
for Potash Corp.; the minutes - before - midnight rejection of Petronas's bid
for Progress Energy (eventually reversed); and the long - delayed approval of the China National Offshore Oil Co.'s (CNOOC) purchase of Nexen.
A new iron ore mine proposed by
BHP Billiton, and revisions to conditions placed on Rio Tinto's Marandoo iron ore project near Tom Price, have been recommended
for approval by the environmental watchdog.
Perth - based Decmil Group has won a $ 30.6 million contract to build a warehouse hub in Port Hedland
for a subsidiary of
BHP Billiton.
But a funny thing happens if you climb to the top of Canada's corporate ladder, where
BHP Billiton's $ 40 - billion hostile bid
for Saskatoon - based Potash Corp. has many senior executives and company directors ranting like coffee - shop Marxists.
Perth - based Southern Cross Electrical Engineering has won a $ 25 million contract with
BHP Billiton Iron Ore
for electrical and instrumentation works at the Yarnima power station near Newman.
Bigger players, such as
BHP Billiton and Rio Tinto, can produce iron ore
for $ 30 to $ 40 a tonne, versus $ 100 a tonne
for the highest - cost producers, says de los Reyes.
BHP Billiton's top Australian executive has stepped up the company's criticism of the WA Nationals» planned iron ore tax hike, two days after an opinion poll found high support
for the proposal.
This will be shipped to
BHP Billiton's Yabulu processing operation in Townsville, Queensland,
for refining.
Mining giant
BHP Billiton has said that its exploration and capital expenditure
for the 2014 financial year will decline significantly to approximately $ 18 billion as the company looks to reduce costs
The world's biggest miner,
BHP, said it would invest significantly in its nickel business as demand
for electric vehicles picked up, Reuters reported.
But it was the debate over
BHP Billiton's ill - fated attempt to acquire Potash Corp. that took «strategic asset» from an occasional buzzword to a full - on verbal tic
for some politicians.
BHP Coated Steel — Australia has launched a COLORBOND steel Colour Selector CD - ROM that can be used to create, choose and compare colour schemes
for any building at the click of a mouse.The powerful new tool, the product of almost a year of dev...
He also suggested the acquisition would make unneccesary
BHP's plans
for its own $ 12 billion potash mine in Saskatchewan.
BHP maintained guidance
for production of 275 million to 280 million tonnes of iron ore in the fiscal year to June 30.
The decision to sell the retail arm of the business to focus on mining follows Harry Winston's move late last year to acquire
BHP Billiton's 80 % stake in Ekati
for $ 500 million, Canada's first and largest diamond mine.
BHP's total earnings
for the December half were below expectations due in part to a jump in «controllable costs» at the met coal operations, so this turnaround is needed.
BHP is now looking at ways to fix the issue with the dumpers, but the problem took the gloss off a strong performance from the iron ore business, which accounts
for about 40 per cent of
BHP's profits.
Unexpected maintenance reliability problems with
BHP's car dumpers — the giant machines that can pick up and empty a fully loaded rail car of ore — forced the resources giant to reduce iron ore production guidance
for 2017 - 18 to between 272 million tonnes and 274 million tonnes, just down from its previous guidance of 275 million tonnes and 280 million tonnes.
BHP opened the last of its data rooms
for its shale assets in March.
Chief executive Andrew Mackenzie praised the record production levels in iron ore and said
BHP «remains on track to achieve 6 per cent volume growth
for the 2018 financial year».
Andrew Mackenzie, CEO of
BHP Billiton, told a conference in Beijing in June last year he expects rising Chinese demand
for materials with more consumer uses, such as copper, while greater food consumption could lead to more demand
for the soil nutrient potash: