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Beat Lower Commodity Prices With This Nimble PlayerCris Frangold • Mon, Nov 5, 2012
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Q4 BHP Opportunites Create Long-Term Investment PotentialValueMax • Wed, Oct 24, 2012
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BHP Billiton Ltd. Annual Fiscal 2007 Earnings Call TranscriptWed, Aug 22, 2007
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at MarketWatch.com (Wed, 12:15PM)
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at MarketWatch.com (Thu, 7:03AM)
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at MarketWatch.com (Jun 12, 2013)
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at MarketWatch.com (Jun 11, 2013)
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at CNBC.com (Jun 11, 2013)
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at CNBC.com (Jun 5, 2013)
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at MarketWatch.com (Jun 5, 2013)
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at MarketWatch.com (Jun 3, 2013)
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at MarketWatch.com (May 31, 2013)
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at MarketWatch.com (May 31, 2013)
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at MarketWatch.com (May 30, 2013)
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at MarketWatch.com (May 29, 2013)
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- | Earnings
- | Dividends
- | M&A
- | On the move
- Tuesday, June 18, 9:48 AM BHP Billiton (BHP -1.2%) is revisiting plans to develop a coking coal deposit in Australia's Queensland state, seeking environmental approvals to extend production at two mines and retaining the option of another underground mine to develop more of the Red Hill deposit. The move comes even as BHP downplays the strength of extra demand from China amid an expected glut of steel in Asia. Comment! [Energy]
- Tuesday, June 18, 8:49 AM BHP Billiton's (BHP) plans to sell a coal mine in New Mexico to the Navajo Nation for ~$85M have been derailed by proposed reforms of the state's electricity market. The Navajos had expected to close a deal with BHP by July 1, but it can't go ahead until a separate deal is completed between two utilities for part of a power station that buys coal from the mine on Navajo land. Comment! [Commodities]
- Thursday, June 13, 2:34 PM Rio Tinto (RIO +3.4%) shares are strong after the selling one of its U.S. mines and stating its intention to dump others. The sale wouldn't suffice to move the needle, but combined with other potential sales "raises the potential for capital management in early 2014," Citigroup says. J.P. Morgan says concern over iron ore prices is excessive. Other base metals miners are up: CLF +6.6%, BHP +1.8%, VALE +4.9%. Comment! [Commodities, On the Move]
- Wednesday, June 12, 2:47 PM Mining companies were supposed to invest $1.5B in Guinea this year but instead a 30% drop is feared as miners cut capex for projects and China growth slows. Case in point: Rio Tinto (RIO) won't meet its 2015 target date for production at its $20B Simandou iron ore project. Guinea's $5B economy relies heavily on mining, accounting for 20% of GDP, 30% of export revenues and 80% of foreign currency inflow. Comment! [Commodities]
- Monday, June 10, 7:07 PM Allana Potash (ALLRF.PK), the developer of a $642M potash mine in Ethiopia, says predictions of a global oversupply of potash are overblown because forecasts include mines that aren’t yet in production and may be shelved or canceled because of rising construction costs. Cantor Fitzgerald shares the view: "The fears come from the fact that there is overcapacity, but there certainly isn’t oversupply." 2 Comments [Commodities]
- Friday, June 7, 8:58 AM BHP Billiton (BHP) aims to reduce its annual capex to $15B in the next two to three years from an estimated $22B this year and $18B in FY 2014, new CEO Andrew MacKenzie says. The pace of Chinese economic growth may be slower than in previous years, but it's off of a high base and will result in strong demand for the commodities BHP produces, he adds. BHP -2% premarket. Comment! [Commodities]
- Wednesday, June 5, 11:13 AM Cliffs Natural Resources (CLF -3.4%) is among the S&P's worst performers, as global iron ore capacity is expected to increase faster than demand from China, continuing to weigh on prices, according to the head of Baosteel, China's third-biggest mill. Steel output growth has dropped to less than 5%/year from 20% between 2000-06. BHP -2.9%, RIO -1.8%, VALE -1.8%. (also) Comment! [Commodities, Global & FX, On the Move]
- Wednesday, June 5, 10:59 AM Global thermal coal prices are unlikely to recover this year unless Australian coal producers lower production or an unexpected event rattles the seaborne market and sends prices north, industry experts at the Coaltrans Asia conference say. Coal (KOL -1%) names are weak in early trading: BTU -1.2%, CLF -3.1%, ACI -1.2%, ANR -1.8%, WLT -2%, BHP -2.5%, CNX -1%, CLD -1.9%. 2 Comments [Energy, On the Move]
- Friday, May 31, 4:45 PM Iron ore prices suffered their worst week in more than a year, and Barclays believes the drop likely will continue as significant new capacity enters the market between now and the end of 2014 with softer demand growth magnifying the effects. No surprise that iron miners are hurting: VALE -4.6% today and -7.7% this week, CLF -3.6% today and -12.8% this week, RIO -4.1% and -2.9%, BHP -2.9% and -3.4%. 3 Comments [Commodities]
- Thursday, May 30, 11:47 AM Prices of iron ore hit a seven-month low today, and are down 30% since hitting a year high in February, as prices get hit by a demand slowdown in China and a glut of supply. Analysts are predicting more declines, with Westpac projecting iron ore prices to drop to as low as $85 a ton by the end of September. Liberum Capital notes that its channel checks show the price may fall below $90 a ton. "The market is flush with product at the moment," says RBS Morgans resources analyst James Wilson. "Pricing power has switched from the iron-ore miners to the steel mills." 7 Comments [Commodities, Global & FX]
- Wednesday, May 29, 3:58 PM Concerns about cyclicality spark an investor exodus from Cliffs Natural Resources (CLF -5.8%), whose performance is heavily influenced by macroeconomic changes. Today, the OECD cut its global growth forecast, BHP says it's not expanding its mining operations, and of course uncertainty lingers over how long the Fed will continue its stimulus measures. Comment! [Commodities, On the Move]
- Wednesday, May 29, 3:47 AM BHP Billiton (BHP) doesn't plan any further expansion of its coal-mining operations and may instead sell assets as it attempts to cope with slowing demand, falling prices, increased costs and the strong Aussie dollar. BHP also intends to squeeze higher margins out of its existing operations and reduce capex to maintenance levels. Comment! [Commodities]
- Tuesday, May 14, 5:51 AM New CEO Andrew Mackenzie says BHP Billiton (BHP) — which will sell $5B in non-core assets and cut costs by $1B this year in an effort to refocus capital allocation — may return "even more" cash to shareholders as capital expenditures are projected to fall by as much as $7B over the next two years. "I stress if our investment criteria cannot be met in any one project, product, or geography we will redirect the capital elsewhere, or we will not invest," Mackenzie told a Barcelona audience Tuesday, suggesting prudent management of resources could result in increased cash payouts for stockholders. Comment! [Commodities]
- Wednesday, May 8, 10:27 AM Mosaic (MOS +1.6%) represents the best option for an acquirer seeking to gain a foothold in the potash industry, and BHP is the most likely suitor, Bloomberg speculates. On May 26, charitable trusts associated with Cargill’s founding family can begin the process of selling restricted MOS shares they got when Mosaic split from Cargill Inc. in 2011, opening the door to a sale of the whole company. Comment! [Commodities, M&A, On the Move]
- Wednesday, May 8, 8:27 AM BHP Billiton (BHP) says its project to expand production in Western Australia's Jimblebar mine is on schedule and will be completed in Q1 2014, adding annual mining capacity of 35M metric tons. An iron ore handling plant with an annual capacity of 55M tons also will come on stream around the same time next year. BHP +1.2% premarket. Comment! [Commodities, Global & FX]
- Monday, April 29, 7:54 AM BHP unveils its latest asset disposal, announcing plans to sell its Pinto Valley copper mine in Arizona and associated rail unit to Capstone Mining (CSFFF.PK) for $650M. The sale takes BHP's total asset sales over the past 12 months to $5B as it reshapes its portfolio to cut non-core operations. Capstone expects the operation to more than double its current output. Comment! [Commodities]
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paulalmony
$BHP, $VALE and $RIO control 66% of the seaborne market. Prices will only go down as far as they let it - View all 0 replies
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John Rayhall: I dunno I used to think CLF was never going to go down years ago now it seems to only go down. -
Reaster: Been saying tht CLF will retouch 2009 lows of $13 for several months now all it has to do is break through the $16 level and its then $13
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Armando Izaguirre
@CommSec: Biggest declines on the ASX50 today: $NCM dn 2.7%, $ILU dn 2%, $RIO dn 1.9%, $FMG dn 1.7%, $BHP dn 1.3% #ausbiz ^JS - View all 0 replies
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Jason Burack
If $BHP & $RIO had good mgmnt, & they don't, they would be buying primary Gold & Silver producers up on this huge correction! - View all 0 replies
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Tony Kau
$BHP bullish play w/room for error: May 57.5/55 put credit spread @ 0.27, 90% chance of profit http://ow.ly/k9LVi http://ow.ly/i/1UCOi - View all 0 replies
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Tony Kau
$BHP looks exhausted here- good credit spread play: Apr 65/60 puts for 0.38, 87% chance of profit http://ow.ly/i/1KSf7 http://ow.ly/joGC6 - View all 0 replies
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x oil -field
Australia Shares Drop on Commodity Prices. $GLD Update:Commodity $SLV Price falls Weighed on the Resources Sector. $BHP Dow Jones Newswires - View all 3 replies
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x oil -field: SYDNEY-"The Australian resources sector is becoming irrational,indiscriminate selling,regardless of fundamentals," $BHP -
x oil -field: Gold prices could force a rout in some funds to sell commodities and equities. (07:39 GMT) Dow Jones Newswires
LATEST REPLIES
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- View all 4 replies
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John Rayhall: I dunno I used to think CLF was never going to go down years ago now it seems to only go down. -
Reaster: Been saying tht CLF will retouch 2009 lows of $13 for several months now all it has to do is break through the $16 level and its then $13
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x oil -field
Australia Shares Drop on Commodity Prices. $GLD Update:Commodity $SLV Price falls Weighed on the Resources Sector. $BHP Dow Jones Newswires - View all 3 replies
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x oil -field: SYDNEY-"The Australian resources sector is becoming irrational,indiscriminate selling,regardless of fundamentals," $BHP -
x oil -field: Gold prices could force a rout in some funds to sell commodities and equities. (07:39 GMT) Dow Jones Newswires
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Retirefund
TRRXF.PK .06 cent penny stock sitting on 3 $Billion stake in giant copper project-->http://dld.bz/bzNy8 RIO BHP FCX XSRAF.PK AAUKF.PK SCCO - View all 2 replies
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Retirefund: Yea, but it's a clear bet on them winning the court battle (or a partial win at least) I think they got a good shot, but time will tell.
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Colin Lea
BHP results due out, tough times ahead but still long term value in the stock http://seekingalpha.com/a/hkp9 - View all 2 replies
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Andrew Shapiro
http://reut.rs/MGfXmD TS Debby threat shuts some U.S. Gulf #oil and #natgas output $APC $BHP - View all 2 replies
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The Wall Street Transcript
Emerging Market Demand for Latin American Iron Ore; Analyst Discusses $BHP, $GGB, $RIO, $SID, $VALE - http://su.pr/2nO0gX - View all 2 replies
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Caiman Valores: YPF won't be paying a dividend, likely to be nationalized by Argentine government, find out more in my article http://bit.ly/ICs5GM
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Stone Fox Capital
Lets be clear, $BHP did not release anything new. Iron ore demand is still rising as expected. - View all 1 replies
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Colin Lea: Agreed. The chart on slide 7 showed marginal upward growth based on a conservative forward estimate.
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FortSumter: Welcome to my world. I should start posting trades prior to order so everyone can short or jump in on the immediate dip that follows. -
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Pike Puk: Tonnages? 155 Million metric tons they may let us see and they may not.
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Barry Crocker
ASX roars out of the gate. BHP leading the way. Financials (Big 4) very strong ... well strong enough for as long as I need it to be. - View all 2 replies
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Barry Crocker: An upgrade or two on a few of the weaker stocks on the index has helped too. Giddy Up !!




