Mining
BHP Billiton to exit loss-making US shale business
22 Aug 2017
The mining giant, which announced a 192 per cent increase in its net profit to $5.89 billion for the year ended 30 June and a 24 per cent rise in revenues to $38.29 billion, instead opted to reward investors with a three-fold hike in dividend to 43 cents a share and return $2.5 billion to its bondholders
Rio Tinto’s H1 profit more than doubles to $3.94 bn
02 Aug 2017
The Ango-Australian mining giant rewarded shareholders with a bumper dividend totalling $2 billion and an additional share buyback of $500 million, taking total payout to $2.5 billion
Adani gives go-ahead for Australian coal mine project
06 Jun 2017
Pre-construction work on the world’s largest coal mine, which will generate 10,000 direct and indirect jobs, will start in the September quarter, group chairman Gautam Adani said
