Biggest miners’ project spending reboot signals rebound firming

The world’s two largest mining companies are planning to raise capital expenditure from decade lows as a firming rebound in commodity prices paves the way for at least $12-billion of growth projects.

#BHP #Billiton Ltd., the No. 1 miner, expects to raise spending by 15% in fiscal 2018, while #RioTinto Group forecasts it will boost expenditure from next calendar year.

Read more at:

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s