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BHP, mining and energy names will struggle today

BHP Billiton looks likely to open at around $24.28 (-1.5 per cent), according to its American Depository Receipts (ADR), IG’s Chris Weston points out.

“After rallying 15.5 per cent off last week’s low of $22.41, BHP will be eyeing a move into the 50 per cent retracement of this move,” Mr Weston said. 41 more words


BHP jumps 2.5% to $25.80 on oil price surge


Deutsche Bank cuts BHP Billiton target on lower oil price forecasts

Deutsche Bank has cut its BHP Billiton target to $26.40 vs $28.00 while keeping its Hold rating, after slashing its oil price forecasts by 20 per cent to $US50-$US60/bbl from 2H15 to 2017. 109 more words


Iron ore price surges as much as 4%

The price of iron ore has again surged above $US55 a tonne, with the latest gains all but making up for the heavy losses seen at the start of last week. 148 more words


BHP Billiton shares jump 4.9% to $25.24


Big blue-chip bounces... how does 9% in two-and-a-half days sound?

As the ASX starts to look a bit more stable following an insane start to the week, investors can’t be blamed for looking longingly at some of the prices seen on blue-chip stocks over the last few days. 115 more words


OK Tedi Mining Ltd share deal signed


THE share distribution agreement of Ok Tedi Mining Ltd’s 33.3 per cent, the Fly River Provincial Government and all the landowner groups took place last week. 255 more words

Papua New Guinea