BHP predicts strong iron ore prices for 2 years; CEO denies anti-China spying reports
BHP CEO sees high iron ore price for up to 2 years, with optimistim on short term outlook. Kloppers dismisses WikiLeaks reports that BHP traded intelligence on China with USA.
BHP means Bloody Huge Profit in 2010
MINING giant BHP gave a $10.6 billion boost to Australian Prime Minister Julia Gillard’s plans for a mining tax after posting a staggering half-year profit. The miner’s earnings soared by a record 72 per cent in just six months.
BHP launches buyback
BHP Billiton has announced a $A5 billion off-market buyback of its Australian-listed stock that will form a part of its expanded $US10 billion ($A9.9 billion) capital management program.
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