- Barrons.com•3 days ago
Australia is synonymous with mining and is home to mining giants BHP Billiton (BHP.AU) and Rio Tinto (RIO.AU). BHP was down 2% and Rio Tinto was down 1.4% at market open. CMC Market’s Ric Spooner observes that the info tech sector is the best performer on the Australian stock market today but laments that the ASX is hardly enjoying a tech rally due to the limited representation of tech stocks.
- Reuters•3 days ago
The board of Mexico's state-owned oil company Pemex on Thursday approved its second-ever deep water joint venture covering the Nobilis-Maximino block in the country's territorial Gulf waters. Pemex, which is looking for a partner to develop the block, estimates it to hold reserves of some 500 million barrels of oil equivalent (boe) based on data gathered from five wells drilled in the past, the company said in a statement. The potentially-lucrative project lies just south of Mexico's maritime border with the United States in the Perdido Fold Belt, where dozens of successful projects have been developed on the U.S. side of the same basin in recent decades.
- Reuters - UK Focus•3 days ago
BHP Billiton (NYSE: BBL - news) is advancing with the sale of its small Cerro Colorado copper mine in Chile (Stuttgart: 704599.SG - news) as a number of interested parties have emerged, although a final deal will likely take some months, the mine's union said on Thursday. BHP management updated union leaders on the planned sale of the mine this week, ahead of planned visits to the deposit by potential buyers, union leader Marcelo Franco said in an interview. Cerro Colorado produced 74,000 tonnes of copper last year out of top exporter Chile's total 5.5 million.
BBL: Summary for BHP Billiton plc Sponsored ADR - Yahoo Finance
BHP Billiton plc (BBL)
NYSE - NYSE Delayed price. Currency in USD
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|Day's range||30.50 - 30.83|
|52-week range||22.37 - 37.44|
Trade prices are not sourced from all markets
|PE ratio (TTM)||32.97|
|Dividend & yield||1.08 (3.45%)|
|1y target est||N/A|