BHP Billiton PLC was downgraded at RBC Capital Markets as a result of its challenging cash flow outlook and doubts about the South32 spinoff. Analyst Timothy Huff lowered his rating on the stock to underperform from sector perform and...
Teck Resources Ltd. maintains it has no plans to cut its $510-million dividend, even as investors send its yield to sky-high levels. The Vancouver-based miner’s stock has been in freefall recently, dropping 36% in the past three weeks amid...
The world’s largest mining company BHP Billiton Ltd. (BHP) said it’s shifting the focus of investments in new projects to copper from iron ore to meet demand from China, its biggest customer. “As we go forward, we’re likely...
