Golden Moment Gives Bhp Billiton a Boost ; Market Round-Up

Summary

---

THE world's biggest mining company, BHP Billiton, is hoping to capitalise on the high price of gold, which was trading on Friday at its highest for almost 28 years.

The price of the precious metal touched $739 an ounce as investors chose to use it as a hedge against shaky stock markets around the world and an ailing dollar. Gold has been nudging better for much of the year and now stands 16% higher than it began 2007, with dealers forecasting the seventh consecutive year of price gains.

See the full content of this document

Extract

---

Golden Moment Gives Bhp Billiton a Boost ; Market Round-Up

So there is no better time for the UK based miner to announce it is sitting on the world's biggest gold resource at its Olympic Dam mine in South Aust...

See the full content of this document

---