CEO Andrew Mackenzie's pay package is already only half that of his predecessor.
New company would still have its primary listing in Australia, with secondary listings in South Africa and the UK.
Shanghai Metals Market warns slim profits and continuous declines in steel prices have dampened Chinese mills’ appetite for iron ore.
Companies said over-staffing in the current environment was threatening the viability of their Australian operations.
Close to 2,800 miners at Chile's Escondida mine, jointly owned by BHP Billiton and Rio Tinto, did not show up for work Monday morning, iddling a 1.2 million tonnes a year operation.
After 4% surge on Monday, benchmark prices resume slide.
News of labour action at world's largest copper mine sends red metal 2.6% higher.
A GlenTinto is not as far-fetched as it sounds.
Up nearly 4% on Monday; rallying after weeks of intense selling.
Reviving the China-India ore trade which peaked at 120mtpa in 2009 could be part of a grand bargain when Modi and Xi meet for the first time in New Delhi.
A triumph of the "Yes Scotland" campaign would have to be followed by negotiations with London over a raft of assets.
A big corporate break-up à la BHP Billiton is definitively not in his books, he told FT.com.
After flirting with a five-year low for about a month, the iron ore price fell to the lowest price since October 2009.
The decision is considered a key political victory for Prime Minister Tony Abbott.
Deutsche Bank analysts foresee a 2% to 3% earnings increase for the miners.
Following a meeting with BHP’s China boss, Beijing issued a statement saying it believed that “BHP and other iron ore suppliers should avoid abusing dominant market positions."
If the steel-making material loses another $2 a tonne, it will be the lowest since October 2009.
There’s a death match among iron ore producers, with the big Australian miners and Brazil's Vale increasing pressure on their high-cost Chinese rivals.
In a letter to China's ambassador to Australia, Clive Palmer expressed regret for "any insult to the Chinese people caused by any of the language" he used.
World's largest primary silver mine by annual production is BHP Billiton's.
Who were the top earners in 2013?
Chief Executive Officer Andrew Mackenzie said the project ramains in BHP's main plans, but added the firm is not in a rush to develop it.
Clive Palmer has come under fire for labelling the Chinese government “mongrels” and “bastards” on national television.
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Australia's non-bulk mining industry "will die without a strong pipeline of projects moving to development stage," says study.
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