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Mining

World news about “Mining” published by euronews.

15/07 14:17 CET

BHP writes down $2 bln on US energy business

BHP writes down $2 bln on US energy business

Ahead of publishing its annual results next month, resources giant BHP Billiton has announced a substantial write-down. The firm is shaving around 2 billion dollars off the value of its US onshore oil and gas business, amid weak prices. BHP said the majority of the charge…