Currently viewing Global edition

BHP dividend cut fuels '$5bn warchest'

Mining Journal has been told by leading London and New York-based analysts BHP Billiton could spend up to US$5 billion on acquisitions following a long-anticipated dividend cut designed to reboot the balance sheet. News of the reduced payout accompanied a grisly set of interim figures, revealing a loss of US$5.7 billion.

BHP dividend cut fuels '$5bn warchest' BHP dividend cut fuels '$5bn warchest' BHP dividend cut fuels '$5bn warchest' BHP dividend cut fuels '$5bn warchest' BHP dividend cut fuels '$5bn warchest'

Is BHP eying up Anglo's Collahuasi copper mine in Chile?

In London, Ben McEwen, equity analyst for Canadian Imperial Bank of Commerce (CIBC) echoed others when he said BHP would likely go for assets, not companies, and was sceptical about recent talk of a

Most read Archive