Bhp Cuts Outlook For Commodities Prices

Downgrade by miner seen as a bellwether for the natural resources industry is likely to cement the view that the decade-long supercycle has peaked

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    Anglo-Australian mining giant BHP Billiton plc (BHP.AX,BLT.L,BBL,BHP) reported that Total copper production for the nine months ended March 2017 decreased by 20 percent to 939 thousand tonnes. Total copper production guidance for the 2017 financial year ...
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    a blow to the Australian giant struggling with the downturn in global commodities. The move by Moody's to cut BHP's debt rating to "A3" with negative outlook from "A1" early on Friday follows rival Standard & Poor's (S&P) cut to "A" from "A+" in early ...
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