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Will BHP swap shale for oil?

The biggest question in mining today – what to do with all that spare cash – just got a little trickier as two industry leaders, BHP and Rio Tinto, head into the unchartered waters of having a cash surplus of around US$10 billion, each.

Viewpoint > Miners-right

Will BHP swap shale for oil?

The biggest question in mining today – what to do with all that spare cash – just got a little trickier as two industry leaders, BHP and Rio Tinto, head into the unchartered waters of having a cash surplus of around US$10 billion, each.

Will BHP swap shale for oil?

Shareholders won't see a penny from the offloading of BHP's US shale business if it is used in a straight swap for yet more petroleum assets