05.02.2009 - BHP down 57% in commodities slump
From News.com.au: BHP Billiton boss Marius Kloppers issued his starkest warning yet to investors yesterday: The end of the commodities slump is nowhere in sight. His bleak prognosis came as BHP unveiled a bigger-than-expected 57 per cent drop in profit for the first half of 2008-09, dragged down by billions of dollars in one-off costs including the closure of the Ravensthorpe nickel mine in Western Australia following a sharp slide in prices for the base metal. .... Full Article: Source
Print