BHP Billiton PLC (BLT.L)
24 Mar 2017
SANTIAGO, March 24 The end of a historic strike at Chile's Escondida copper mine, the world's biggest, has left its owner, BHP Billiton, nursing an estimated $1 billion loss and probably in a weaker position for negotiations in a year or so, company and industry insiders said.
ANTOFAGASTA, Chile, March 23 The strike at Chile's Escondida, the world's largest copper mine, is ending after workers decided to invoke a rarely used legal provision that allows them to extend their old contract, the union said on Thursday.
SANTIAGO, March 23 The negotiation process between BHP Billiton and striking workers at its Escondida mine in Chile has ended unsuccessfully, Escondida mine president Marcelo Castillo said on Thursday, and the company will try to restart operations.
March 23 Britain's FTSE 100 futures were flat ahead of the cash market open on Thursday.
March 23 Britain's FTSE 100 index is seen opening up 12 points at 7,337 on Thursday, according to financial bookmakers. * GLAXOSMITHKLINE: Britain's GlaxoSmithKline and U.S.-based Regeneron Pharmaceuticals are embarking on a joint project with UK Biobank, the world's most detailed biomedical database, to hunt for new clues linking genes and disease. * SHELL: Royal Dutch Shell agreed to lease capacity at a large oil terminal in Panama that has been used by U.S. re
March 23 Australian shares rose on Thursday, snapping three straight days of losses, buoyed by the materials sector and gains from miner BHP Billiton.
ANTOFAGASTA, Chile, March 22 Leaders of the striking union at BHP Billiton's Escondida mine in Chile will meet with the rank-and-file before making any additional decisions about negotiations, a union spokesman said after exiting a meeting with BHP on Wednesday.
ANTOFAGASTA, Chile, March 21 The striking union at BHP Billiton's Escondida copper mine in Chile, the world's largest, will meet with the company on Wednesday to resume conversations, both parties said on Tuesday night.
(Updates prices) By Melanie Burton MELBOURNE, March 21 London copper prices dropped on Tuesday to their lowest in a week after unions and miner BHP Billiton said they would hold further talks that could lead to the restart of production at the world's biggest copper mine. FUNDAMENTALS * LME: Three-month copper on the London Metal Exchange was down 1.1 percent at $5,817.50 a tonne, by 0116 GMT, erasing a 0.9-percent gain from the previous session. Earlier
MELBOURNE, March 21 London copper prices fell on Tuesday on technical selling sparked by hopes unions and miner BHP Billiton would hold further talks that could lead to the restart of output at the world's biggest copper mine.