|
|
BHPBILL under SEC investigation
BHP Billiton, the world's largest mining company, has found evidence of possible breaches of anti-corruption laws after the US Securities and Exchange Commission requested information for an investigation. BHP Billiton has identified "possible" violations of applicable anti-corruption laws involving interactions with government officials", the company said yesterday. A spokesman for BHP Billition in London would neither confirm nor deny that the evidence of possible breaches of anti-corruption laws found by the company had taken place in South Africa.
|
| |
BHPBill - production report
- BHP Billiton reached agreement with the majority of its iron ore customers to permanently move existing contracts to index based prices on a landed equivalent basis. * Record petroleum production was achieved for the nine months ended March 2010 with strong growth in its high margin crude operations, following the successful start-up of Pyrenees (Australia) and strong performances from operations in the Gulf of Mexico (USA).
- Year to date production records for iron ore on the back of projects delivered from our deep inventory of ongoing expansions. Western Australia Iron Ore (Australia) and Samarco (Brazil) also achieved year to date production records.
- Year to date production records were also achieved for nickel, alumina and zinc, and at North West Shelf, Hunter Valley Energy Coal, Nickel West and Worsley (all Australia), Mad Dog (USA), Alumar refinery (Brazil) and Zamzama (Pakistan).
- Quarterly production records achieved for alumina, and at North West Shelf and Worsley (both Australia) and Samarco and Alumar refinery (both Brazil).
- Iron ore and metallurgical coal production was impacted by weather related disruptions.
|
|
Click here for original article
|
| |
BHPBill to review deal with Eskom
Business Report noted that BHPBill has agreed to review electricity pricing contracts in southern Africa with Eskom. A renegotiated deal may involve BHPBill assuming responsibility for the commodity pricing and currency-exchange risks related to contracts. This would help Eskom reduce its earnings volatility and improve its balance sheet.
|
| |
| |
|
| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
| |
|
|
