The new metals and mining company to be spun off by BHP Billiton shouldn't impact existing operational jobs. That's the word from BHP Newco's designate CEO, Graham Kerr. Kerr has been in town to speak to South African stakeholders about the implications of the demerger of BHP's assets. It's to hive off its aluminium, manganese, Cerro Mataso nickel and coal assets into a new entity. I caught up with Kerr a little earlier and began by asking him how BHP determined which assets would stay in Billiton and which would end up in the new entity.
Views: 488 SABC Digital News
The world's largest miner has proposed demerging unwanted assets into a separate listed company to create value. Shares in BHP Billiton, however, fell on Tuesday. Lex’s Robert Armstrong and Joseph Cotterill discuss whether the proposals go far enough. For more video content from the Financial Times, visit http://www.FT.com/video Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
Views: 3855 Financial Times
BHP Billiton - the world's biggest miner - has announced it will shift a number of its businesses into a separate company in order to focus on its most profitable activities. In essence it is a demerger as most of them were acquired by BHP when it merged with Billiton in 2001. The new entity, worth an estimated $16 billion (12 billion euros), will include aluminium, manganese, nickel, silver, lead and zinc, as well as coal mines in some countries. Investors were not impressed and the share price fell, but analysts said that was because the company did not announce a special dividend or a buy back of the stock and that the sell-off was overdone. BHP has said it wants to pay down its debt before returning capital to shareholders… READ MORE : http://www.euronews.com/2014/08/19/bhp-billiton-spin-off-to-simplify-world-s-biggest-mining-company euronews business brings you latest updates from the world of finance and economy, in-depth analysis, interviews, infographics and more Subscribe for daily dose of business news: http://bit.ly/1pcHCzj Made by euronews, the most watched news channel in Europe.
Views: 209 euronews Business
After having rebuffed an approach for a share of the company a ‘couple of years ago’, #BHPBilliton finally manages to pick up a 6.1% stake by buying #GuyanaGoldfields’ stake in the business. Jeremy Naylor is joined by John Meyer, mining analyst and partner at #SPAngel, to discuss more. Subscribe: https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 Learn more about IG: https://www.ig.com?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom LinkedIn: https://www.linkedin.com/company/igcom We provide fast and flexible access to over 10,000 financial markets – including indices, shares, forex and commodities – through our award-winning range of platforms and apps. Established in 1974 as the world’s first financial spread betting firm, we’re now the world’s No.1 provider of CFDs and spread betting* and a global leader in forex. We also offer an execution-only share dealing service in the UK, Ireland, Germany, Austria and the Netherlands. We have recently launched a range of affordable, fully managed investment portfolios, to provide a comprehensive offering to investors and active traders. Through our low fees and smart price-sourcing technology, we help traders keep their costs down. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading spread bets and CFDs with this provider†. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. * Based on revenue excluding FX (published financial statements, February 2018). † For the 12 months preceding 1 July 2018.
Views: 1317 IG UK
Catastrophic Failure: The biggest environmental disaster in Brazil's mining history For similar stories, see: Serra Pelada: Gold Rush - Trailer https://www.youtube.com/watch?v=M_y2EVvW8No The Brazilian Carnival Queen Deemed 'Too Black' https://www.youtube.com/watch?v=3yp4Fg_eT_c Rio's Forgotten Children Climbing Out Of Poverty https://www.youtube.com/watch?v=eawMVhA1dhM Subscribe to journeyman for daily uploads: http://www.youtube.com/subscription_center?add_user=journeymanpictures For downloads and more information visit: http://www.journeyman.tv/?lid=69643 Like us on Facebook: https://www.facebook.com/journeymanpictures Follow us on Twitter: https://twitter.com/JourneymanVOD https://twitter.com/JourneymanNews Follow us on Instagram: https://instagram.com/journeymanpictures In November 2015, 50 million cubic metres of waste was unleashed after a tailings dam collapsed in the Gualaxo River Valley. This report investigates what is being named the biggest disaster in Brazil's mining history. A horror mudslide swept through the towns and villages in the Gualaxo River Valley, destroying homes, businesses and taking the lives of 19 people. A tailings dam, holding back more than 50 million cubic metres of mining waste collapsed, unleashing a wave of mud several metres high. "The mud dragged me down, I would come up, it would take me down again... I screamed but nobody answered", remembers Priscila Barros, who was pulled four kilometers under the deadly slurry. The mud, containing lead, arsenic and other toxic chemicals, continued down river all the way to the Atlantic coast 600km away. "This mud wave has killed anything that was alive in these water systems", explains Marilene Ramos of the Brazilian Environment Authority. Now Brazilian police are seeking the arrest of 12 of Samarco's executives for negligent homicide and crimes against the environment. "A dam doesn't break by chance. There is repeated, continual negligence in the actions of a company owned by Vale and BHP", says prosecutor Carlos Eduardo Pinto. ABC Australia – Ref. 6695 Journeyman Pictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.
Views: 42897 Journeyman Pictures
Recently during PDAC 2019, Randy Hoback, Member of Parliament for Prince Albert, Saskatchewan, shared why Saskatchewan is ranked high amongst mining jurisdictions with InvestorIntel’s Peter Clausi. Randy said: “Mining companies have recognized that if they do a project in Saskatchewan they can go through the entire process and actually get to the point of building a mine. There are regulatory things that they have to do, but we have seen companies like BHP Billiton just do the Jansen Project, you see the potash mines, uranium mines and here are examples where they have actually explored, done the work and now they are actually physically running mines. The First Nations are very excited about the mining sector. They do not view it as a negative thing and they actively participate in the mining sector.”
Views: 17 InvestorIntel
Global resources company, BHP Billiton intends to create an independent global metals and mining company based on a selection of some of its high-quality assets. Joining CNBC Africa for more on this is CEO-elect of the merged BHP Billiton, Graham Kerr.
Views: 1017 CNBCAfrica
Amid a prolonged downturn in commodity prices, miners such as BHP Billiton Ltd. are trying out new equipment, from supercomputers to drones, that executives say could change the way natural resources are mined. Photo: Insitu Pacific Subscribe to the WSJ channel here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Follow WSJ on Facebook: http://www.facebook.com/wsjvideo Follow WSJ on Google+: https://plus.google.com/+wsj/posts Follow WSJ on Twitter: https://twitter.com/WSJvideo Follow WSJ on Instagram: http://instagram.com/wsj Follow WSJ on Pinterest: http://www.pinterest.com/wsj/ Don’t miss a WSJ video, subscribe here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center: https://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On Twitter: https://twitter.com/WSJ On Snapchat: https://on.wsj.com/2ratjSM
Views: 5919 Wall Street Journal
BHP Billiton have just been given environmental approval to expand their Olympic Dam mine in South Australia, to be the largest open cut mine in the world. BHP Billiton are the worlds largest mining company resourcing the Dirty energy sector. This financial year BHP Billiton have broken record profits with a 85% increase in profits to an incomprehensible annual profit of US $23.6 Billion. As part of the October 20th national day of action against BHP Billton, hundreds of people marched to the company's headquarters to protest the expansion and say NO to this toxic industry, fueling nuclear weapons, waste and disasters like Fukushima.
Views: 448 Jessie Boylan
http://goo.gl/v9GB4a Despite many analysts taking a negative view of the mining sector, with over-supply and slowing growth in China the major factors, Morningstar Research picks out BHP Billiton as a stock with a positive future. Senior Morningstar analyst Mark Taylor says: "One of the beauties of BHP, in this latest China-driven investment boom is that it didn’t go overboard in investing in growth capital. So it has managed to maintain a fairly conservative balance sheet. It isn't now in a position where anyone commodity is too important to it and if that commodity does badly it's going to suffer. It's past peak capital expenditure program."
Views: 194 Saxo Bank and TradingFloor.com
BHP Billiton Limited is a global resources company. The Company is engaged in exploration, development, production, processing and marketing of minerals, such as iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash. It is also engaged in exploration, development, production and marketing of conventional and unconventional oil and gas. The Company operates through segments: Petroleum and Potash, Copper, Iron Ore and Coal. The Company's Petroleum and Potash segment is engaged in exploration, development and production of oil and gas and potash pre-development. The Copper segment is engaged in mining of copper, silver, lead, zinc, molybdenum, uranium and gold. The Iron Ore segment is engaged in mining of iron ore. The Coal segment is engaged in mining of metallurgical coal and thermal (energy) coal.
Views: 175 KALKINE
Low oil prices have taken a huge toll on mining companies like BHP Billiton (BHP), but one analyst said the company has fared better than rivals like Glencore (GLCNF) and Anglo American (AAL). ‘Apart from the likes of BHP and Rio Tinto (RIO), we don’t think it’s worth holding onto some of the other companies, such as Glencore and Anglo American because those companies didn’t manage their debts too well,’ said Helal Miah, an investment research analyst at The Share Centre, based in the UK. ‘They were overly indebted, whereas BHP and Rio seem to be better positioned and didn’t take out excessive amounts of debt.’ Miah said he’s relatively comfortable holding onto BHP, though it will take time for the company to recover. Oil prices have lost some 46% over the past 12 months. Shares of BHP fell 53.3% over the past year. The company posted a loss of $5.67 billion for the last half of 2015 and cut its dividend by 75%. TheStreet’s Scott Gamm has details from New York. Subscribe to TheStreetTV on YouTube: http://t.st/TheStreetTV For more content from TheStreet visit: http://thestreet.com Check out all our videos: http://youtube.com/user/TheStreetTV Follow TheStreet on Twitter: http://twitter.com/thestreet Like TheStreet on Facebook: http://facebook.com/TheStreet Follow TheStreet on LinkedIn: http://linkedin.com/company/theStreet Follow TheStreet on Google+: http://plus.google.com/+TheStreet
Views: 444 TheStreet: Investing Strategies
Anglo-Australian mining giant BHP Billiton is reporting a 15 percent drop in half-year profit... euronews, the most watched news channel in Europe Subscribe for your daily dose of international news, curated and explained:http://eurone.ws/10ZCK4a Euronews is available in 13 other languages: http://eurone.ws/17moBCU http://www.euronews.com/2013/08/20/bhp-billiton-profit-slumps Anglo-Australian mining giant BHP Billiton is reporting a 15 percent drop in half-year profit before one off events, though much of that fall was due to changes in Australia's mining tax and other non-operational items. BHP has fared better than some of its rivals despite slowing global growth and commodity price volatility. The new chief executive Andrew Mackenzie said he remained confident in China's long-term growth prospects, but he outlined a low-risk strategy with no major growth projects. Mackenzie mapped out a cautious approach to expanding into the potash market, which the company sees as its next big growth business beyond 2020. Reflecting the austerity drive, BHP said it plans to invest $2.6 billion (1.94 billion euros) over the next four years digging shafts at the Jansen potash project, delaying production at least until 2020 from its original 2015 target, while inviting offers for stakes in the mine. "The whole basis of the strategy that we're being clear about today is that we want to retain complete flexibility to enter the market at a timing which we think is right to maximise returns for our sharheolders," Mackenzie told reporters. Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews
Views: 476 euronews (in English)
On 26 May 2015, Global Justice Now handed in a petition to the London office of BHP Billiton containing over 9,000 signatures against the IndoMet coal mine on Borneo in Indonesia. www.globaljustice.org.uk
Views: 554 Global Justice Now
BHP Billiton is among the world's leading resources company with over 700 employees working in Kuala Lumpur. Check out this video to know more about BHP Billiton's core culture, their working environment, and the diverse career opportunities offered! The team also shared their personal experiences of working at BHP Billiton, so sit back, relax and enjoy the video! song credit : One million - Utah
Views: 1564 GRADUAN TV
BHP Billiton is an Anglo-Australian multinational mining, metals and petroleum company headquartered in Melbourne, Australia. It is the world's largest mining company measured by 2013 revenues. BHP Billiton was created in 2001 through the merger of the Australian Broken Hill Proprietary Company Limited (BHP) and the Anglo–Dutch Billiton plc. The result is a dual-listed company. The Australia-registered BHP Billiton Limited, which has equal financial share in the company, has a primary listing on the Australian Securities Exchange and is the largest company in Australia measured by market capitalisation. The UK-registered BHP Billiton Plc has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £41.5 billion ($69.5 billion) as of 19 August 2014. On August 19, 2014, BHP Billiton announced the company would be split in two. A newly formed entity named NewCo would house the company's non-core assets. Capitalized at $15 billion, the new entity would be listed on the Australian Securities Exchange. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 2424 Audiopedia
Globally diversified miner BHP Billiton is to spin off some of its assets into a 14 billion dollar company. The company made the announcement today reporting 23.2 percent jump in annual net profit. The new company will include its aluminium, manganese, Cerro Mataso nickel and coal assets.
Views: 97 SABC Digital News
BHP Billiton (NYSE:BHP) striking a deal with PetroChina over a natural gas project in Australia. The energy and mining company agreed to sell a minority stake in the project for $1.63 billion after it deemed the site a "non-strategic asset." This was due to the estimated $30 billion it would cost to build infrastructure. But PetroChina is willing to foot the bill during a time where energy companies in China are vying for foreign oil and gas supplies to meet rising demand. The sale remains in the hands of join venture partners though who, as of right now, are choosing to not exercise rights to match the offer from PetroChina.
Views: 339 TradeTheTrend
Zoom animation to Illawarra Coal mining sites in NSW Australia. Creative Direction, Animation: Gregory Spiliotopoulos Produced by J.C Media
Views: 479 Gregory Spiliotopoulos
Top 5 Longest Train In The World, longest trains, world longest train https://youtu.be/9C3EysmBTho longest train - world longest train is BHP Billiton Iron Ore train of Australian railway. Australia welcomes one of the longest passenger trains of all time with train length of 7300m. The length of a train, including the longest trains, may be measured in number of wagons or in metres for general freight. BHP Billiton iron ore train has typically 268 cars and a train weight of 43,000 tonnes carrying 24,200 tonnes of iron ore, 2.8 km long, two SD70ACe locomotives at the head of the train and two remote controlled SD70ACe locomotives as mid-train helpers. BHP Billiton used to run iron ore trains of 336 car length, 44,500 tonnes of iron ore, over 3 km long, six to eight locomotives including intermediate remote unit. The record-breaking ore train from the same company, 682 cars and 7,300 m long, once carried 82,000 metric tons of ore for a total weight of the train, largest in the world, of 99734 tonnes. The longest train service in the world is known as the Trans-Siberian Railway, and it runs from Moscow, Russia to Vladivostok, Russia. Train lengths and loads on electrified railways, especially lower voltage 3000 V DC and 1500 V DC, are limited by traction power considerations. Top 5 list presents the list of top 5 longest trains ever and the list of longest train includes following world longest trains : 1. BHP Billiton Iron Ore train, Australia 2. Double Stack Container Trains, Canada 3. RDP trains, South Africa 4. AAR standard S-400, USA 5. Carajas Railway Freight trains, Brazil See More : Top 5 Amazing Future Bikes Concepts | top 5 incredible bike concepts : https://youtu.be/DzlcnrrMTfw Top 5 BMX Bikes Brand In The World 2017,best bmx bikes brand 2017 : https://youtu.be/v8acVOkVihY Top 5 Most Expensive Bicycles 2017 | Expensive bicycles in the world https://youtu.be/cgRrTs7fVeA Top 5 Cheapest Bikes In The World 2017 | cheapest bikes 2017 https://youtu.be/7tYfmYTmap4 Top 5 Most Expensive Celebrity Bikes in India | expensive celebrity bikes 2017 https://youtu.be/ZHiFxCAFaEI Top 5 Best Mileage Bikes In The World 2017 : https://youtu.be/l5oA-HCz05Y Top 5 Fastest Βikes In The World 2017 : https://youtu.be/spV05S3e87E Top 5 Most Expensive Bikes In The World | most expensive motorcycles : https://youtu.be/3tABU2NWMBY Top 5 Amazing Future Bikes Concepts : https://youtu.be/DzlcnrrMTfw Top 5 Best Bicycle Brands 2017 - 5 Best Bicycle Brands at a Glance https://youtu.be/s2sb0WmWP30 Top 5 Cheapest Bikes In The World 2017 | cheapest bikes 2017 https://youtu.be/7tYfmYTmap4 Top 5 Most Expensive Celebrity Bikes in India | expensive celebrity bikes 2017 https://youtu.be/ZHiFxCAFaEI Top 5 Best Mileage Bikes In The World 2017 : https://youtu.be/l5oA-HCz05Y Top 5 Fastest Βikes In The World 2017 : https://youtu.be/spV05S3e87E Top 5 Most Expensive Bikes In The World | most expensive motorcycles : https://youtu.be/3tABU2NWMBY Top 5 BMX Bikes Brand In The World 2017 : https://youtu.be/v8acVOkVihY Top 5 Amazing Future Bikes Concepts : https://youtu.be/DzlcnrrMTfw Top 5 Folding E-Bikes 2017 - Impressive Folding Bikes : https://youtu.be/sTtU45UlNvw Find us on Facebook: https://www.facebook.com/top5record Follow us on Twitter: https://twitter.com/alltop5list Subscribe Us: https://www.youtube.com/channel/UCJmw_EZ6XymlfVbuYmMQuAQ Music was provoded by NCS Sound Track : Jim Yosef - Forces (feat. Ivan Jamile & Kédo Rebelle) [NCS Release] Download this track for FREE: http://bit.ly/JIMYOSEFforces Music Link : https://www.youtube.com/watch?v=ZWOA6lQiETk Connect with NCS: Snapchat: ncsmusic • http://soundcloud.com/nocopyrightsounds • http://instagram.com/nocopyrightsounds_ • http://facebook.com/NoCopyrightSounds • http://twitch.tv/nocopyrightsounds • http://twitter.com/NCSounds • http://bit.ly/SpotifyNCS Jim Yosef • https://twitter.com/jimyosef • https://soundcloud.com/jim-yosef • https://www.youtube.com/c/JimYosef • https://www.facebook.com/jimyosefmusic Kédo Rebelle • https://soundcloud.com/kedorebelle • https://twitter.com/kedorebelle • https://www.facebook.com/KedoRebelle Ivan Jamile • https://soundcloud.com/ivanjamilemusic Thank you very much for watching. Like Comment and Subscribe to our channel for more videos.
Views: 122246 Top 5 List
Mining giant BHP Billion has confirmed today it's being investigated for corruption, over sponsorship deals for the Beijing Olympics. The US Department of Justice and the Australian Federal Police are trying to uncover whether BHP's sponsorship was used to gain advantage in the Chinese market. The US-Australian mining company supplied the materials for the Olympic metals. It also spent millions on official sponsorship and hospitality packages. Among the VIP's it hosted were senior Communist officials and other Chinese company executives. BHP is the largest mining company in the world and China is its biggest market. Business favors such as these are not uncommon in Chinese companies. But in the US, paying for the entertainment and lodging of government officials breaches foreign bribery laws. BHP says it's cooperating with investigations. It says it did nothing wrong and that it complied with US and Australian anti-graft laws. If found guilty in the US, BHP and the individuals involved face up to 5 years in prison and fines up to $2 million dollars. For more news and videos visit ☛ http://ntd.tv Follow us on Twitter ☛ http://twitter.com/NTDTelevision Add us on Facebook ☛ http://on.fb.me/s5KV2C
Views: 422 NTDonChina
Four months after what has been described as Brazil's worst environmental disaster, a compensation deal has been struck. The dam which burst in November in the state of Minas Gerais killed 19 people, left hundreds homeless and polluted a major river. Now the mining company Samarco and its owners, Anglo-Australian mining giant BHP Billiton and its partner Vale have reached a deal with the government to pay at least an estimated 20 billion reais ($5.1 billion, 4.6 billion euros) in damages over … READ MORE : http://www.euronews.com/2016/03/03/brazil-and-bhp-billiton-strike-deal-over-samarco-dam-disaster What are the top stories today? Click to watch: https://www.youtube.com/playlist?list=PLSyY1udCyYqBeDOz400FlseNGNqReKkFd euronews: the most watched news channel in Europe Subscribe! http://www.youtube.com/subscription_center?add_user=euronews euronews is available in 13 languages: https://www.youtube.com/user/euronewsnetwork/channels In English: Website: http://www.euronews.com/news Facebook: https://www.facebook.com/euronews Twitter: http://twitter.com/euronews Google+: http://google.com/+euronews VKontakte: http://vk.com/en.euronews
Views: 4260 euronews (in English)
On November 29, protesters from South Australia to Colombia to Japan raised their voices in protest against "Merchant of Death" BHP Billiton at the 2012 annual general meeting of this largest mining company in the world. Mining and exporting uranium, displacing Indigenous communities and exploiting workers were some of the "dirty deeds" exposed.
Views: 215 GreenLeftTV
The CSIS Energy and National Security Program hosted Andrew Mackenzie, CEO of BHP Billiton to discuss how the world can meet the demand for resources as 1.7 billion people gain access to electricity over the next 20 years and energy demand grows by 30%. With a portfolio spanning steel making materials, metals, energy and fertilizer BHP Billiton is the world's largest diversified resources company and the only firm to produce oil, gas, coal and uranium as well as the metals used in renewables like copper. Headquartered in Australia, the company has operations in 26 countries and a workforce of approximately 128,000 people. Andrew Mackenzie was appointed Chief Executive Officer of BHP Billiton in May 2013. He has had over 30 years' experience in oil and gas, petrochemicals and minerals and has held a number of senior roles at BP and Rio Tinto. He has a doctorate in Chemistry and has published over 50 research papers in geology and organic geochemistry. In 2014 he was selected for the Science Council's list of top 100 UK practicing scientists.
Views: 7556 Center for Strategic & International Studies
SP Angel mining analyst John Meyer tells Proactive that he expects SolGold plc (LON:SOLG) and BHP Billiton (LON:BLT) to get back round the table and continue negotiations after the latter had an investment offer rejected earlier this week. “I’m not sure they’re used to being rejected by mining companies but they are used to having to negotiate their way into deals,” Meyer says. “Looking at the conditionality of the offer that’s been initially proposed, it looks as if they would be looking forward to several months of protracted negotiations.” Meyer also believes that other major players will also be sniffing around to see if they can get their hands on SolGold’s Cascabel copper project. “[The rejected offer] will attract the attention of an awful lot more mining companies,” he claims. “There are others in the area – Antofagasta, Rio Tinto, Anglo American – that are also going to run their slide rules over this one yet again.” Speaking more broadly on the junior mining sector, Meyer was upbeat, telling Proactive: “Investors seem to be returning to the sector and there is a degree of momentum within the space.”
Views: 1479 Proactive Investors Stocktube
BHP Billiton committed $17 million to The University of Western Australia's New Century Campaign, reinforcing the company's longstanding relationship with the University. UWA Energy and Minerals Institute Director, Tim Shanahan, introduces BHP Billiton President Iron Ore, Jimmy Wilson. UWA Chancellor Michael Chaney also comments ahead of the agreement being signed by UWA Vice-Chancellor Paul Johnson and Jimmy Wilson BHP Billiton's substantial investment will support UWA students and research, the revolutionary Engineering Zone and programs designed to attract more female engineers to the Business School. BHP Billiton President Iron Ore, Jimmy Wilson, said the new partnership reflected BHP Billiton's commitment to education at every level in Western Australia... http://Ez.com/hfqf
Views: 815 The University of Western Australia
http://www.illuminatisilver.com http://www.facebook.com/illuminatisilver BHP Billiton announces massive losses as demand for commodities slump Today is Tuesday 23rd February 2016 and we are commenting very briefly on the results just announced for BHP Billiton. Mining giant BHP Billiton has posted a substantial half-year net loss of $5.67bn (£4bn). The figure for the six months to December compared with a profit of $5.35bn for the same period in 2014. BHP Billiton is one of the world's largest producers of major commodities including iron ore, metallurgical coal, copper and uranium, and has substantial interests in both conventional and shale oil and gas and energy coal. Lower commodity prices slashed revenue by 37% to $15.7bn, sending underlying profit down 92% to $412m and the company has warned that weak commodity prices will continue. Dividend payments to shareholders, were reduced from 62 cents a share to just 16 cents. Chairman Jac Nasser said BHP now believed the period of weaker prices and higher volatility would be prolonged. The decision to cut the dividend had not been made lightly but was a "determined response to changing markets", he said. Mining companies such as BHP have been under intense pressure as a slowdown in China's economy results in lower demand for key commodities, such as iron ore and coal. Why is this relevant you may ask? Well if anyone was in the slightest bit doubtful that Chinese demand for such products was not seriously lower or that world Industrial Growth is not in serious jeopardy, well here is just another landmark to suggest that they are. Naturally you can draw your own conclusions as to what this may mean for precious metals, but certainly for industrial metals 2016 is certainly not looking very bright. Please view our recent videos: HSBC Profits Falter due to Chinese Economic Slowdown https://youtu.be/g7MyHiZUFGk Gold & Silver Price Forecast for 2016 Delayed due to New Information https://youtu.be/qPRzlpAnoAE Gold and Silver Update w/e 19th February 2016 - by illuminati silver https://youtu.be/VOPu9VYL57E Gold and Silver Price Forecast 2016 by illuminati silver (part 2 of 3) https://youtu.be/0hShuh8wFeg Illuminati Silver reaches 5,000 You Tube Subscribers https://youtu.be/m_naZonhuCQ US Federal Reserve considered changing course on raising rates in 2016 https://youtu.be/FrlxIj3Rw40 Chinese Bank - Bank of Liuzhou - hit by $4.9 bn Loan Fraud https://youtu.be/m_WWFDFKyVs Trump not a serious contender for President according to Obama. https://youtu.be/5v_mz-rtBms Gold and Silver Price Forecast 2016 by illuminati silver (part 1 of 3) https://youtu.be/UA9LMnU18RY Markets sent Crashing by Secret Russia and Saudi Arabia Oil Deal. https://youtu.be/41xqTFQHmY0 Japans economy contracts by 1.4% for 2015 https://youtu.be/oGnp9mwMRjg Why China has been selling US Dollars https://youtu.be/UZvtz--gTrE Gold and Silver Update w/e 12th February 2016 - by illuminati silver https://youtu.be/4fKqUtCA9Sw ABX launches today - improving transparency and price discovery in the Precious Metals Market https://youtu.be/K2OhVc8qUiI Janet Yellens Statement today proves Fed is more Dovish than Hawkish https://youtu.be/LFTxmWsSHoQ
Views: 1636 Illuminati Silver
Крупнейшая в мире горнодобывающая компания BHP Billiton намерена выделить в отдельный бизнес несколько компаний, оцениваемых в 16 миллиардов долларов. Большинство из них она приобрела в 2001 году в результате присоединения к британской Billiton. BHP заявила, что разделение позволит ей сосредоточиться на своих самых прибыльных видах бизнеса. Но компания решила повременить с выкупом акций, чем разочаровала инвесторов, которые расчитывали получить около 5 миллиардов долларов. На этих новостях ак… ЧИТАТЬ ДАЛЕЕ: http://ru.euronews.com/2014/08/19/bhp-billiton-spin-off-to-simplify-world-s-biggest-mining-company euronews: самый популярный новостной канал в Европе. Подписывайтесь! http://www.youtube.com/subscription_center?add_user=euronewsru euronews доступен на 14 языках: https://www.youtube.com/user/euronewsnetwork/channels На русском: Сайт: http://ru.euronews.com Facebook: https://www.facebook.com/euronews Twitter: http://twitter.com/euronewsru Google+: https://plus.google.com/u/0/b/101036888397116664208/100240575545901894719/posts?pageId=101036888397116664208 VKontakte: http://vk.com/ru.euronews
Views: 527 euronews (на русском)
Feb. 11 (Bloomberg) -- Stephen Bartrop, director of Breakaway Investment Group, talks with Bloomberg's Susan Li from Sydney about BHP Billiton Ltd.'s performance and outlook. BHP Billiton, the worlds largest mining company, said first-half profit more than doubled, beating analyst expectations as demand for commodities surged in China and India. (This is an excerpt of the full interview. Source: Bloomberg)
Views: 187 Bloomberg
BHP Billiton is an Anglo-Australian multinational mining, metals and petroleum company headquartered in Melbourne, Australia. It is the world's largest mining company measured by 2013 revenues. News Video Produced and Directed by Marshall Ross Thompson [email protected] 310-403-2507
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Mining behemoth BHP Billiton has announced a massive 31 percent drop in profits for the half-year to December. The falling price of iron ore, coal, copper and related commodities has hurt BHP. To offset the profit fall the company has cutback spending on exploration and general investment. BHP ploughed $6.4bn into its business last year down some 23 percent on the previous 12 months. Still analysts expected results to be a lot worse. … READ MORE : http://www.euronews.com/2015/02/24/bhp-billiton-sees-massive-profit-drop euronews business brings you latest updates from the world of finance and economy, in-depth analysis, interviews, infographics and more Subscribe for daily dose of business news: http://bit.ly/1pcHCzj Made by euronews, the most watched news channel in Europe.
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May 27 (Bloomberg) -- Bloomberg's Melissa Long reports on speculation the Australian government might make changes in its proposed mining-profit tax. BHP Billiton Ltd., the world's largest mining company, and Rio Tinto Group rose in Sydney trading after the Australian said the nation may change the rate at which the proposed tax takes effect. Bloomberg's Rishaad Salamat also speaks. (Source: Bloomberg)
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BHP Billiton's (NYSE:BHP) iron ore president Ian Ashby resigned from his position effective July 1st after being with his company for 25 years. His replacement will be Jimmy Wilson, a lead of the company's energy coal division. BHP Billiton (NYSE:BHP) has potential upside of 23.3% based on a current price of $71.39 and an average consensus analyst price target of $88. BHP Billiton is currently below its 50-day moving average (MA) of $76.56 and below its 200-day MA of $78.45.
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Outstanding Queensland Tradeswoman/Operator/Technician
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TAFE SA students at Roxby Downs gaining hands on experience and learning valuable skills in the mining industry with BHP Billiton. More info about our courses in Mining, Engineering and Transport: http://www.tafesa.edu.au/mining-engineering-transport-centre
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BHP Billiton, Vale settle over Brazil dam disaster SAO PAULO--Vale SA and BHP Billiton Ltd., the owners of Brazilian mining company Samarco Mineracao SA, said Monday they agreed with Brazilian authorities to suspend for two years a 155 billion real ($41 billion) civil claim over the catastrophic 2015 collapse of a tailings dam while talks continue, disappointing investors who had been hoping for a final settlement of the suit. The companies, federal prosecutors and the governments of the states of Minas Gerais and Espirito Santo will also ask to... --------------------- Don't Forget Subscribe: https://www.youtube.com/channel/UC1Gpwm0bc_c5Ssdjzy3bgrw?sub_confirmation=1
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BHP Billiton is to demerge non-core assets, expected to be its aluminium, manganese and nickel mines. Lex’s Oliver Ralph and Joseph Cotterill discuss whether this will dig BHP out of its conglomerate discount. For more video content from the Financial Times, visit http://www.FT.com/video Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
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See BHP Billiton's Company Culture as rated by their employees on Comparably (May 2018). BHP Billiton's workplace culture scores are based on 77 ratings. Learn about BHP Billiton's Culture Values: https://www.comparably.com/companies/bhp-billiton Ask BHP Billiton Employees Questions: https://www.comparably.com/companies/bhp-billiton/questions See how BHP Billiton ranks vs. Competitors: https://www.comparably.com/companies/bhp-billiton/competitors See different company cultures: https://www.comparably.com/companies See if you're paid fairly: https://www.comparably.com/guest/compensation Are you in HR, Branding or Recruiting? Gain access to our Employer Tools: https://www.comparably.com/company-tools/
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