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BHP Likely to Get Less than $500 Million for Ekati
Jan. 06, 2012 02:35PM PST
Gem InvestingSMH reported analysts are predicting BHP Billiton (NYSE:BHP) will get less than $500 million for its Ekati diamond project in Canada.
SMH reported analysts are predicting BHP Billiton (NYSE:BHP) will get less than $500 million for its Ekati diamond project in Canada.
As quoted in the market news:
The mine, in which BHP owns 80 per cent, is valued at between $300 million and $500 million, according to Tim Gerrard, an analyst at Investec.