Amazines Free Article Archive - Thursday, October 22, 2020
Read about the most recent changes and happenings at
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Subscriptions Manage Ezines
 Article Archive
 Advertising (133418)
 Advice (161141)
 Affiliate Programs (34751)
 Art and Culture (73737)
 Automotive (145653)
 Blogs (75199)
 Boating (9843)
 Books (17221)
 Buddhism (4128)
 Business (1328951)
 Business News (426365)
 Business Opportunities (366330)
 Camping (10967)
 Career (72752)
 Christianity (15847)
 Collecting (11638)
 Communication (115068)
 Computers (241945)
 Construction (38923)
 Consumer (49684)
 Cooking (17066)
 Copywriting (6636)
 Crafts (18205)
 Cuisine (7543)
 Current Affairs (20417)
 Dating (45881)
 EBooks (19691)
 E-Commerce (48223)
 Education (185288)
 Electronics (83503)
 Email (6407)
 Entertainment (159838)
 Environment (28929)
 Ezine (3039)
 Ezine Publishing (5449)
 Ezine Sites (1550)
 Family & Parenting (110922)
 Fashion & Cosmetics (196423)
 Female Entrepreneurs (11845)
 Feng Shui (131)
 Finance & Investment (310447)
 Fitness (106330)
 Food & Beverages (62911)
 Free Web Resources (7939)
 Gambling (30221)
 Gardening (25144)
 Government (10530)
 Health (629686)
 Hinduism (2206)
 Hobbies (44054)
 Home Business (91574)
 Home Improvement (251119)
 Home Repair (46168)
 Humor (4834)
 Import - Export (5453)
 Insurance (45105)
 Interior Design (29581)
 International Property (3485)
 Internet (191001)
 Internet Marketing (146452)
 Investment (22837)
 Islam (1167)
 Judaism (1356)
 Law (80474)
 Link Popularity (4595)
 Manufacturing (20853)
 Marketing (98965)
 MLM (14136)
 Motivation (18218)
 Music (27011)
 New to the Internet (9495)
 Non-Profit Organizations (4048)
 Online Shopping (129629)
 Organizing (7803)
 Party Ideas (11852)
 Pets (38068)
 Poetry (2234)
 Press Release (12682)
 Public Speaking (5635)
 Publishing (7526)
 Quotes (2407)
 Real Estate (126635)
 Recreation & Leisure (95386)
 Relationships (87666)
 Research (16165)
 Sales (80334)
 Science & Technology (110255)
 Search Engines (23486)
 Self Improvement (153216)
 Seniors (6235)
 Sexuality (35947)
 Small Business (49293)
 Software (83012)
 Spiritual (23474)
 Sports (116093)
 Tax (7659)
 Telecommuting (34066)
 Travel & Tourism (307829)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11739)
 Website Design (56837)
 Website Promotion (36586)
 World News (1000+)
 Writing (35788)
Author Spotlight

A social media marketer from London ...more

I'm Ellisen, nice to meet you! Obviously you're here because you want to know who I am. Wel...more

I love to research products and write reviews only high-quality useful products. ...more

Writing is my passion, Social media marketing is my love. I have written many articles on various ni...more

My Name is Anish Sah, I am an Internet Marketing and SEO Expert, Social Media Guru and young Entrepr...more

Bhp billiton ceo says downturns no time to stop spending - Metal Stream Inoculation by e55he swrzsnb

Article Author Biography
Bhp billiton ceo says downturns no time to stop spending - Metal Stream Inoculation by
Article Posted: 12/19/2013
Article Views: 70
Articles Written: 2033
Word Count: 543
Article Votes: 0
AddThis Social Bookmark Button

Bhp billiton ceo says downturns no time to stop spending - Metal Stream Inoculation

Business,Business News,Business Opportunities
(Reuters) - BHP Billiton , the world's biggest mining company, said on Wednesday it wasnecessary to maintain investment in new projects even duringdownturns in commodities prices. BHP last month scrapped a five-year, $80 billion capital spendingplan, citing uncertain global economic conditions. That includedChina, where it supplies millions of tonnes of iron ore, copper,and other industrial raw materials. BHP Chief Executive Marius Kloppers singled out gas - currently ata low ebb - as a commodity that should grow in demand over themedium term due to a worldwide "shale, hydrocarbon revolution". An oversupply in the United States has led to the price of gasplunging from around $13 to around $2 for each 1000 cubic feetsince BHP acquired Petrohawk Energy and other shale interests for$17 billion last year.

"It is quite often the case that an investment decision in aparticular commodity will be made in a part of the business cyclethat results in a low price environment for that particularcommodity, but the investment is made nevertheless in recognitionof the expected future demand and prices," Kloppers said incomments to a business forum in Perth, Australia. Slumping commodity prices in general and escalating costs havesqueezed cash flows, pushing BHP to join rival Rio Tinto in reconsidering the pace of their long-term expansion incountries such as Australia and Canada. The miner was planning to finance the expansion with its cashflows, which analysts forecast may fall 20 percent to around $24billion in the year ending June 30. BHP has long maintained that it is committed to keeping itssingle-A credit rating, another constraint on spending. As ofDecember, the company had net debt of $21.5 billion.

BHP shares have been on a near-uninterrupted decline this year,losing 20 percent in value since early February. Three major BHP projects are seen by analysts as vulnerable tosetbacks as markets soften: an outer harbour development at PortHedland in Western Australia crucial to its iron ore growth, theexpansion of its Olympic Dam copper and uranium mine in SouthAustralia, and its Jansen potash project in Canada. In Australia, where the company employs more than 35,000 people,Kloppers said labour allocation and rising costs associated with astrong Australian dollar were dulling the competitive edge of someprojects. Australia had turned from a low-cost to a high-cost operatingenvironment, he said.

Despite criticism from some shareholders, including its singlebiggest, BlackRock, over spending, BHP has given little hope toinvestors expecting that more discipline on major projects couldmean a fresh share buyback. "We share those concerns which have been widely voiced, that wewould certainly welcome a greater focus on capital managementinitiatives and a more circumspect approach to some of the items inthe capital pipeline," said Ben Lyons, who helps manage A$500million in funds at ATI Asset Management. BHP's challenge is to balance the long-term demand outlook withshort-term economic developments, Kloppers said. "Our ability to deliver robust financial performance is achievedthrough the consistent application of our strategy - by developingour high-quality diversified portfolio and maintaining ourcommitment to invest through the cycle," he said.

Thomson Reuters 2012 All rights reserved SUBSCRIBE to's free daily newsletter now.

I am an expert from, while we provides the quality product, such as Metal Stream Inoculation , Rare Earth Alloy Manufacturer, Ferrosilicon Production Process,and more.

Related Articles - Metal Stream Inoculation, Rare Earth Alloy Manufacturer,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.


Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
Please enter the code in the image:

 Author Login 
Register for Author Account


Advertiser Login


   Limited Time $60 Offer!
   90  Days-1.5 Million Views  


Great Paranormal Romance


Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more

Demonstrated exceptional leadership in the government and private sector at an executive level. Skil...more

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more

Stevert Mckenzie, Travel Enthusiast. ...more

Jason Ng has a huge passion for the health and fitness industry as he strongly believes that having ...more

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more

Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2020, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from under the GNU FDL license