BHP Billiton is seeking approval to build a $US3.5 billion ($A4.32 billion) water desalination plant to service its Escondida copper mine in northern Chile, one of the world's top sources of the metal, a company spokesman said Saturday. (See Australian Associated Press:
BHP Billiton to build US$3.5 bln Chile water plant
)
September 25, 2007
BHP Billiton, the world's biggest diversified resources stock, cruised through the $200bn market capitalisation barrier in the last 24 hours, and continued to lead its peers and mining stocks on exchanges from London and Sydney to New York and Johannesburg, reports Mineweb. The group was worth $29bn six years ago, just ahead of the commodity and metals boom, when Australia-based BHP merged with London-Johannesburg listed Billiton.
(See Mineweb:
BHP Billiton cracks the $200bn barrier
)
July 24, 2007
BHP Billiton Ltd is heading towards another record-shattering annual profit, after posting full-year production records in copper, iron ore, nickel and a host of other products. With commodity prices still at lofty heights, propelled by continuing buoyant demand in China, the mining giant is preparing to break its annual net profit record when it reports in late August, reports Australian Associated Press.
(See Australian Associated Press:
BHP Billiton sets fy production records on way to record profit
)
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