mining giant bhp billiton posts annual net loss of 639bn
Last Updated : GMT 09:03:51
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Last Updated : GMT 09:03:51
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Mining giant BHP Billiton posts annual net loss of $6.39bn

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Almaghrib Today, almaghrib today Mining giant BHP Billiton posts annual net loss of $6.39bn

Sydney
Sydney - Arab Today

BHP Billiton reported an annual net loss of $6.39 billion on Tuesday as the impact of a fatal mine dam disaster in Brazil and weak commodity prices hit the world's biggest miner.

The results for the year to June 30 followed a $1.91 billion net profit in the previous corresponding period. Underlying earnings, which strip out one-off writedowns, came in at $1.22 billion.

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