Category: BHP Billiton

Mining giants scramble to fill key leadership vacancies

BHP Billiton, Rio Tinto and Anglo-American, three of the world’s biggest miners are all racing to fill the top spots on their boards, following announcements that their chairmen are stepping down.

BHP reject hedge fund pressure to restructure as Australia signals readiness to veto on national interest grounds

Hedge fun Elliott Management is pressuring BHP Billiton to abandon its dual listing in Australia and the UK, as well as spinning off its US petroleum business to list on the New York stock exchange, it has been reported.

Activist investor pressures BHP on UK listing

The hedge fund, Elliot, holds 4.1 per cent of shares in BHP Billiton's UK-listed stock and is now pressuring the company to abandon its dual listing in Australia and the UK, as well as spinning off its US petroleum business to list on the New York stock exchange.

BHP dangles the prospect of a $25 billion investment in Australia, but wants something in return

The world’s biggest mining company BHP Billiton has said it could invest as much as $25 billion in Australia’s economy over the next decade.

BHP: we don’t need any acquisitions

BHP Billiton CEO Andrew Mackenzie has said that BHP has no plans to embark on a spending spree, despite recording bumper cashflow and earnings driven by a buoyant iron ore price.