Demerged BHP may not hold on to coal assets for long: analysts
The division contributed just $746 million of the $21.12 billion earnings BHP reported for the 2013 financial year.
Latest Stories
Chinese coal burning set to decline first time in 14 years
China burns almost as much coal as the rest of the world combined, but new data show year to date declines in output and sales.
US firm claims Australia’s biggest oil find in 30 years
Apache Corp. says the discovery may herald a new oil “province” for Australia.
Rio Tinto weighs stake in closed Papua New Guinea copper mine
The miner is reviewing all options on its 53.83% stake in Bougainville Copper, the operator of its Paguna mine, which has a potential gold and copper resource worth over $60 billion.
Sprott introduces new and improved gold ETF
Taking on the Market Vectors Gold Miners ETF.
Oz Minerals unveils PFS for $22 billion copper-gold mine
Looking for partners for $3 billion project in South Australia forecast to produced 114,000 tonnes of copper and 117,000 ounces of gold a year.
Newcrest posts second year of major loss
Production up and costs down, but asset impairment at Papua New Guinea mine results in $2.2 billion statutory loss for Australian gold miner.
BHP spinoff could be worth $12 billion
Speculation is of a new Perth-based company with current CFO Graham Kerr at the helm housing non-core assets including Australian lead-silver mine.
New rare earth mine coming to Western Australia
The proposed mine straddles the West Australian and Northern Territory border on the Browns Range Dome and is expected to produce 279,000 kg of dysprosium a year over its 10-year mine life.
