South Mining News

New low in oil prices drags BHP Billiton stock below 2009 levels

The stock closed in Sydney below the $30 mark, which is the lowest it has traded in the last five years.

BHP warns more cost cuts, management shake up before demerger

The world's largest miner has stepped up its cost-cutting plans as it battles a sharp slide in iron ore, coal and oil prices.

BHP closer to unveiling details of upcoming spin-off

The world’s largest miner is only two weeks away from shedding more light on an upcoming spin-off of unwanted assets.

BHP bows to pressure, to list spinoff in London

The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.

BHP to go ahead with London-listing of demerged $15bn firm

New company would still have its primary listing in Australia, with secondary listings in South Africa and the UK.

BHP sell-off could undo Billiton historic deal

As BHP considers the sale of almost all of the businesses that Billiton brought to the 2001 merger deal, experts say the firm is likely to end up leaving London.

BHP Billiton a step closer to selling-off non-core operations

World's largest mining company said to be unloading all of the non-core units acquired after the merger with Billiton 13 years ago.

BHP bullish on coal demand, but says prices to remain weak

The mining giant believes demand for coal to keep growing over the next 20 years, driven mainly by China and India.

BHP Billiton mulls spinning off non-core divisions into $18bn firm

The separate company would be listed on the London Stock Exchange, as well as the Australian and South African markets.