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BHP Likely to Get Less than $500 Million for Ekati

Investing News Network
Jan. 06, 2012 02:35PM PST
Gem Investing

SMH 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.

Click here to read the full SMH report.

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