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BHP has approved a total of US$250 million (BHP Billiton Brasil) in financial support for the Renova Foundation and Samarco Mineração S.A.

BHP has approved a total of US$250 million (BHP Billiton Brasil) in financial support for the Renova Foundation and Samarco Mineração S.A. (Samarco) until 31 December 2017. The amount of US$174 million will be used to fund the Renova Foundation for remediation and compensation programs identified under the Framework Agreement (described in the Note below) (Programs). This amount will be

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Three Iron Ore Stocks – BHP Billiton Ltd, Rio Tinto Ltd and Fortescue Metals Group Ltd.

BHP has approved a total of US$250 million (BHP Billiton Brasil) in financial support for the Renova Foundation and Samarco Mineração S.A. (Samarco) until 31 December 2017. The amount of US$174 million will be used to fund the Renova Foundation for remediation and compensation programs identified under the Framework Agreement (described in the Note below) (Programs). This amount will be

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BHP has approved a total of US$250 million (BHP Billiton Brasil) in financial support for the Renova Foundation and Samarco Mineração S.A.

BHP has approved a total of US$250 million (BHP Billiton Brasil) in financial support for the Renova Foundation and Samarco Mineração S.A. (Samarco) until 31 December 2017. The amount of US$174 million will be used to fund the Renova Foundation for remediation and compensation programs identified under the Framework Agreement. Further, this amount will be offset against the Group’s provision

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BHP Billiton Limited (ASX: BHP) has approved $184m to start work at its South Flank project as production at its Yandi 80-million-tonnes-per-year operation in the Pilbara begins to wane.

BHP Billiton Limited (ASX: BHP) has approved $184m to start work at its South Flank project as production at its Yandi 80-million-tonnes-per-year operation in the Pilbara begins to wane. The board of the Melbourne-based company is expected to consider approval for the $3.2 billion project in mid-2018 and first ore would be targeted in 2021. The capital cost for South

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Two blue chip miners to buy – BHP Billiton Ltd and Rio Tinto Ltd

BHP Billiton Limited (ASX: BHP) has approved $184m to start work at its South Flank project as production at its Yandi 80-million-tonnes-per-year operation in the Pilbara begins to wane. The board of the Melbourne-based company is expected to consider approval for the $3.2 billion project in mid-2018 and first ore would be targeted in 2021. The capital cost for South

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Should you buy BHP?

The BHP Board has elected Ken MacKenzie to succeed Jac Nasser as Chairman. Mr. MacKenzie will assume the role of Chairman effective 1 September 2017, following Mr. Nasser’s retirement as both Chairman and a Non-Executive Director. The appointment follows a formal Chairman succession process led by Senior Independent Director, Shriti Vadera. Mr. MacKenzie joined the BHP Board as a Non-Executive

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BHP Billiton Ltd Revision to production guidance Over the past four years

Revision to production guidance:Over the past four years’, BHP Billiton Ltd (ASX: BHP) company delivered US$11 billion of productivity gains which in turn led to improvement in margins. In FY16, company generated productivity gains of US$437 million and expected strong momentum to continue during FY 17 with US$1.8 billion of gains. Further, these productivity gains contributed to free cash flow

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