Tuesday, August 16, 2016

BHP Billiton Slips To Hefty Loss, Antofagasta Profit Down Amid Weak Pricing

Anglo- Australian mining giant BHP Billiton plc reported Tuesday a hefty loss in its fiscal 2016 amid significantly weaker prices across all major commodities that had a negative impact of $10.7 billion. Peer Antofagasta Plc. posted lower profit and revenues in its first half in the weak pricing scenario, while EBITDA increased on lower operating costs.

from RTT - Earnings http://ift.tt/2b8IKWy
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