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May 21, 2014
06:27 EDTBHPBHP Billiton warns on potential strike at Port Hedland
BHP Billiton President Iron Ore, Jimmy Wilson expressed growing concern over possible industrial action by members of the Maritime Union of Australia at the Port of Port Hedland. Wilson said any action by MUA members would have severe consequences for Australian exports and would damage the country’s international reputation, and its overall national interest. “Industrial action by the MUA will stop all shipments out of the Port and cost exporters like BHP Billiton, Fortescue Metals Group and Atlas Iron about A$100M a day. In addition, the State and Federal Government stand to lose tens of millions of dollars a day in royalties and corporate tax revenue,” he said. "Mining companies like BHP Billiton will not be able to make up the shipments lost during industrial action, and governments cannot recover the lost royalties and taxes. Any interruption to shipments of iron ore would have a detrimental impact on Australia’s international reputation as a stable and reliable supplier of critical resources. BHP Billiton is actively pursuing the limited options available to the company under the Fair Work Act to prevent industrial action at Australia’s largest export port." Reference Link
News For BHP From The Last 14 Days
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September 23, 2014
06:07 EDTBHPBHP Billiton shedding 700 mining jobs in Queensland, Guardian reports
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September 17, 2014
10:00 EDTBHPOn The Fly: Analyst Downgrade Summary
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05:26 EDTBHPBHP Billiton downgraded to Underperform from Neutral at Exane BNP Paribas
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September 16, 2014
07:43 EDTBHPAnglo American, Rio Tinto seen as potential targets for Glencore, FT says
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06:51 EDTBHPChina ban could hurt Australia coal exports, China Daily says
China's decision to ban imports of dirty coal starting in 2015 could significantly reduce the amount of coal that Australia exports to the Asian country, according to China Daily. BHP Billiton (BHP) and Rio Tinto (RIO) mine coal in Australia. Reference Link China ban could hurt Australia coal exports, China Daily says
September 15, 2014
10:36 EDTBHPHigh option volume stocks
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07:23 EDTBHPHart Energy to hold a conference
2014 DUG Eagle Ford Conference to be held in San Antonio, California on September 15-17.

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