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Tag: BHP Billiton

BHPBillitonLogoBHP BILLITON LIMITED (NYSE:BHP)

BHP Billiton Limited started as a Dutch company mining tin on the island of Billiton off the coast of Indonesia in 1860 and the Broken Hill Proprietary Company incorporated in 1885 in Australia. The two companies merged in 2001 and are dual listed on the Australian Securities Exchange and the London Stock Exchange.

BHP Billiton as of today is the world’s largest mining company and it’s also into manufacturing of the following natural resources: iron ore; metallurgical and energy coal; conventional and unconventional oil & gas (which includes exploration, production and refining); copper; aluminium; manganese; uranium; nickel and silver.  As at September 2016, the company has a market capitalization of over $120 billion, with its 2015 annual revenue put at $61.2 billion AUD and Net income was 1.91 billion USD. Its stock price at the Australian Securities Exchange is A$20.09, the recent up rise movement is not unconnected with 28-cent per share dividend declared by the company and with the books closing on September 20th, it is expected that the price of the company’s stock will still surge.

BHP Billiton recently sold some of its stake in four gas fields for $400 million, and it is expected that this extra income will help the company’s earnings per share to rise and possibly increase dividend and special project expansion in the up plan like the 38% increase in copper exploration.

The current consensus average analyst ratings of the company in the rate of 1 to 5 with 5 as the highest is put at 2.71, this is a sharp dropped from 3.3 given just 3 months ago, and the reason might not be far from the surge in price as a result of the declared dividend as analyst are of the opinion that ex dividend the current bullish position in the price of the stock might not be sustained, also the company recent announcement of its record loss of $6.4 billion USD mostly from the collapse of its dam at the Samarco iron ore site in Brazil.

The CEO of BHB Billiton Limited is Andrew Mackenzie, Mackenzie has being on the helms of affair since May, 2013, and with his approval rating at 79%, it is expected that he will maintain the current momentum to keep the company growing.

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Hannan Appoints Ciara Talbot as Director

Hannan Appoints Ciara Talbot as Director

Hannan Metals (TSXV:HAN) announces the appointment of Ms. Ciara Talbot as an independent non-executive director.

Ms. Talbot currently serves as the Director, Exploration & New Business Development of Toronto/Stockholm-listed base metal miner Lundin Mining Corporation (“Lundin”), a position she has held for the last 5 years, and brings over 20 years of international

Appointment of Mr. Andre Liebenberg to Danakali Board

Appointment of Mr. Andre Liebenberg to Danakali Board

The board of Danakali Ltd. (ASX:DNK; OTC:DNKLY)is pleased to announce the appointment of Mr. Andre Liebenberg as a non-executive director effective 2 October 2017.

Mr. Liebenberg joins Danakali as an independent director and will be based in London. Mr. Liebenberg is an experienced mining industry professional with extensive investor, market, finance, business development

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