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BHP Billiton PLC (BILJ.J)

BILJ.J on Johannesburg Stock Exchange

25,100.00ZAc
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

BHP Updates On Minerals Australia
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - BHP Billiton Ltd ::‍EXPECT AUSTRALIAN MINING OPERATIONS TO DELIVER US$1.6 BILLION OF ADDITIONAL PRODUCTIVITY GAINS OVER NEXT TWO YEARS​.FOR OLYMPIC DAM, ‍BFX OPTION COULD PROVIDE A CAPITAL EFFICIENT PATH TO INCREASED CAPACITY THROUGH ACCELERATED DEVELOPMENT INTO SOUTHERN MINE AREA​.UPDATES ON ‍BHP MINERALS AUSTRALIA OPERATIONS​.IF APPROVED, BFX OPTION COULD LIFT PRODUCTION CAPACITY TO 330 KTPA AND MOVE OLYMPIC DAM INTO FIRST QUARTILE OF COST CURVE​.  Full Article

BHP Billiton says "long-term view for markets remains positive"
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Bhp Billiton Ltd ::"After a period of weak prices, several of our commodities are currently trading above longterm price forecasts"‍​."Our long-term view for markets remains positive"‍​."Last month’s chinese communist party congress confirmed our view of the chinese economy"."(China's) housing and automotive demand will weaken. Infrastructure will remain strong, reinforced by the belt and road initiative"‍​.Efficiency of China's industry, especially steel, to result in high premiums for co's iron ore, coal & copper concentrate.  Full Article

BHP sees growth in China to ease modestly over short-term - CEO​
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Bhp Billiton Ltd::‍EXPECT GROWTH IN CHINA TO EASE MODESTLY OVER SHORT-TERM, AS MONETARY POLICY TIGHTENS AND HOUSING AND AUTOMOTIVE MARKETS SOFTEN - CEO​.  Full Article

BHP Billiton appoints ‍Malcolm Broomhead as chairman of sustainability committee
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - BHP Billiton Ltd :‍Malcolm Broomhead has been appointed as chairman of sustainability committee from 19 October 2017​.  Full Article

BHP says qtrly total petroleum production​ down 8 pct
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - BHP Billiton Ltd ::‍Total petroleum production for September 2017 quarter decreased by eight percent to 50 mmboe​.‍Total iron ore production for September 2017 quarter decreased by three percent to 56 mt, or 64 mt on a 100 percent basis​.All production and unit cost guidance remains unchanged for 2018 financial year​.Total copper production for September 2017 quarter increased by 14 per cent to 404 kt​.Petroleum capital expenditure of approximately US$2.0 billion is planned in 2018 financial year​."Onshore U.S. capital expenditure is expected to be approximately US$1.2 billion reflecting increased development activity".Divestment of small portion of Hawkville acreage was completed during quarter; work underway to exit remaining onshore U.S. assets for value​​.  Full Article

Transocean announces two-year contract for ultra-deepwater drillship Deepwater Invictus
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Transocean Ltd :Transocean Ltd announces two-year contract for ultra-deepwater drillship Deepwater Invictus.Transocean Ltd - ‍contract is expected to commence in Q2 of 2018​.Transocean Ltd - ‍backlog associated with firm contract is approximately $106 million​.Transocean Ltd -‍ ultra-deepwater drillship deepwater invictus awarded 2-year contract plus three one-year priced options with a subsidiary of bhp billiton​.  Full Article

BHP Billiton ‍approves investment to extend life of Chile's Spence mine​
Thursday, 17 Aug 2017 

Aug 17 (Reuters) - BHP BILLITON PLC ::‍APPROVES INVESTMENT TO EXTEND LIFE OF SPENCE COPPER MINE​.‍APPROVAL OF CAPITAL EXPENDITURE OF US$2.46 BILLION FOR SPENCE GROWTH OPTION (SGO) AT SPENCE OPEN-CUT COPPER MINE IN NORTHERN CHILE​.‍PLAN WILL EXTEND MINE LIFE BY MORE THAN 50 YEARS​.‍IN FIRST 10 YEARS OF OPERATION, INCREMENTAL PRODUCTION FROM SGO WILL BE ABOUT 185 KTPA OF PAYABLE COPPER IN CONCENTRATE, 4 KTPA OF PAYABLE MOLYBDENUM​.‍SGO AT MID-CASE CONSENSUS PRICES, HAS AN EXPECTED INTERNAL RATE OF RETURN OF 16 PERCENT, PAYBACK PERIOD OF 4.5 YEARS FROM FIRST PRODUCTION​.  Full Article

Civmec ltd secured a contract to carry out modification works for BHP Billiton
Thursday, 29 Sep 2016 

Civmec Ltd : Secured a contract to carry out modification works for bhp billiton (bhpb) on orebody18 mine in pilbara area of western australia .Work involves a vertical package delivery of, steelwork, site civil works, structural, mechanical, piping and electrical, instrumentation and control.  Full Article

BHP Billiton says to step away from Caroona coal project
Thursday, 11 Aug 2016 

BHP Billiton Plc : Has agreed to cease progression of the Caroona coal project, through the cancellation of exploration licence (el) 6505 .Notes announcement by New South Wales government regarding approach to future mining activities where Caroona coal project is situated.  Full Article

BHP Billiton intends to invest about US$900 mln in exploration next financial year
Monday, 27 Jun 2016 

BHP Billiton Ltd :Says next financial year, intend to invest about $900 mln in exploration, which represents 18 pct of overall capital budget.  Full Article

UPDATE 1-BHP hires four banks for U.S. shale exit ahead of early 2018 deadline - sources

LONDON/NEW YORK, Dec 12 BHP , the world's largest miner, has asked four investment banks to help it prepare for either a sale or spin-off of its underperforming U.S. shale oil and gas unit, with a view to taking a decision in early 2018, sources said.