BHP Billiton Prices US$5.25 Billion Bond

BHP Billiton has priced a five tranche Global Bond under its debt shelf registration statement, which has been previously filed with the U.S. Securities and Exchange Commission. The Global Bond comprises US$1,000 million Senior Floating Rate Notes due 2014 paying interest at three-month U.S. Dollar LIBOR plus 27 basis points, US$1,000 million 1.000% Senior Notes…

Stock Market News: BHP Billiton to review its diamonds business

November 30, 2011 (Coal Geology): BHP Billiton announced today that it is reviewing its diamonds business, comprising the Group’s interests in the EKATI Diamond Mine and the Chidliak exploration project in Canada. BHP Billiton’s strategy is to invest in large, long life, upstream and expandable assets while remaining a simple and scalable organisation. EKATI is a…

Amendment to Western Australian Royalties and State Agreements

November 9, 2011 (Coal Geology): BHP Billiton has finalised an agreement with the Western Australian Government to increase the royalty rate payable to the State for its iron ore Fines product. Based on this agreement, the Western Australian Government will proceed with amendments to the State Agreement Acts covering operations managed by BHP Billiton Iron…

BHP_Billiton_Logo

BHP Billiton to develop Macedon Gas field In Western Australia

BHP_Billiton_Logo October 3, 2010 (Coal Geology): BHP Billiton will be developing Macedon gas field in the Exmouth Sub-basin, Western Australia. The Macedon Gas Development, to be operated by BHP Billiton, will commercialise natural gas from offshore production lease WA-42-L, located 100 kilometres west of Onslow. First production is expected during calendar year 2013. Recoverable reserves…