(ShareCast News) - BHP Billiton is reviewing the management of two big operations after the Samarco mudslide in Brazil that killed at least nine people. Andrew Mackenzie, the miner's chief executive, told analysts and investors yesterday that the company was reviewing all of its dams worldwide. He also revealed that BHP was considering moving away from the arrangement whereby mines that it partly owns are managed by committee rather than by a single operator. The Samarco mine [17 Nov '15 07:23]
(ShareCast News) - BHP Billiton confirmed on Friday that there were nine fatalities at the incident at its Samarco Mineração SA joint venture with Brazilian miner Vale SA and said the operating licence for the mine has been suspended. [13 Nov '15 07:19]
(ShareCast News) - BHP Billiton faces worsening fallout from the Samarco mine dam disaster after the Brazilian government said the Anglo-Australian mining giant could face a fine for the "environmental catastrophe". As BHP's share price in Australia pushed near 10-year lows on Thursday, the government in Brasilia has become increasingly concerned over the rising death toll and contaminated mud flowing through two states as a result of the disaster. - The Guardian [12 Nov '15 07:24]
(ShareCast News) - BHP Billiton's iron ore production guidance for the 2016 financial year is under review after a dam collapse at a Brazilian iron ore mine co-owned by the company left at least two people dead and dozens missing, the company said on Monday. [9 Nov '15 07:23]
(ShareCast News) - The FTSE 100 spiked in mid afternoon on Friday, rebounding on the back of the US jobs report, before promptly being yanked back into negative territory by the millstone of depressed mining stocks. [6 Nov '15 14:10]
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