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BHP profit forecasts slashed as crisis bites

Source: The Age
Perth : Australia | 10 months ago  
Views: 6
BHP Billiton have been cut sharply in response to the bleak outlook that has triggered the previously upbeat miner to close loss-making operations and slow the pace of new growth and expansion projects, with the loss of 6000 jobs across its global workforce.
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News Stories
 
  • News Source: Australian Broadcasting Corporation | 10 months ago
    This week, BHP Billiton shut down its Ravensthorpe nickel mine, and scaled back operations in Mount Keith, putting more than 2,000 employees out of work. The Chamber's Reg Howard-Smith says he hopes BHP attempts to redeploy some of those workers to...
  • News Source: The Australian | 10 months ago
    The global miner this week suspended operations and axed 1450 jobs at the Ravensthorpe mine, south of Perth. The closure was the result of a significant decline in the nickel price and an expected blow-out in capital and operating costs. As a...
  • News Source: The Age | 10 months ago
    BHP Billiton have been cut sharply in response to the bleak outlook that has triggered the previously upbeat miner to close loss-making operations and slow the pace of new growth and expansion projects, with the loss of 6000 jobs across its global...
  • News Source: Uinta County News | 10 months ago
    Colin Barnett has met with community leaders and BHP Billiton bosses in Ravensthorpe following the mothballing of the town's nickel mine. Mr Barnett said he wanted to find out for himself what was happening "on the ground" in the community. He ...
  • News Source: Aantara.co.id | 10 months ago
    Yabulu nickel refinery in Queensland may be the next operation to close after the world's biggest mining company shelved the Ravensthorpe mine in Western Australia, analysts say. The global miner suspended operations and axed 1,450 jobs at the...
  • News Source: Sydney Morning Herald | 10 months ago
    BHP Billiton Ltd's Yabulu nickel refinery in Queensland may be the next operation to close after the world's biggest mining company shelved the Ravensthorpe mine in Western Australia, analysts say. The global miner suspended operations and axed 1,450...
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