8 Feb 2012
BHP Billiton Boss praises Australia and posts a healthy profit. Though slightly lower than expected.
The world's largest miner says profit for the six months to December came in at $9.2 billion, a slight fall compared with the same period a year earlier and below analysts' expectations.
This was in spite of falling prices for commodities including iron ore, copper and coal.
Mr Kloppers said,"We're very fortunate to be in a country such as Australia in these unstable times, in terms of international credit availability, amounts of investment."
"And what I said to somebody the other day is that Australia was the gold standard - has been the gold standard - for investment, and therefore has the very best companies in the world operating here."
IT'S LIKE DIGGING UP MONEY
The Newyork Times A refugee center on Manus Island, Papua New Guinea. Aziz Abdul/Australian Associated Press, via ...