BASE METALS

Profit hits keep coming

BHP Billiton has been the latest of the mining superpowers to report a drop in profit, with attributable profit for 2014-15 dropping 86.2% to $US1.9 billion.

Noel Dyson
BHP Billiton's polymetallic Olympic Dam.

BHP Billiton's polymetallic Olympic Dam.

In 2013-14 BHP had attributable profit of $13.8 billion. Of course it has to be factored in that these results exclude the contributions of the assets that were demerged to South32. Underlying earnings...

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