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Mining

World news about “Mining” published by euronews.

24/02 13:44 CET

BHP Billiton sees massive profit drop

BHP Billiton sees massive profit drop

Mining behemoth BHP Billiton has announced a massive 31 percent drop in profits for the half-year to December. The falling price of iron ore, coal, copper and related commodities has hurt BHP. To offset the profit fall the company has cutback spending on exploration and…