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BRIEF-BHP Billiton comments on outlook, Samarco incident

Published 17/11/2016, 12:11 pm
BRIEF-BHP Billiton comments on outlook, Samarco incident
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Nov 17 (Reuters) - BHP Billiton (LON:BLT) Ltd BHP.AX :

* "ongoing safety review of all of our dams will be carried out in accordance with canadian dam association processes"

* "bhp billiton brasil rejects outright charges against company and affected individuals"

* "we continue to work with vale and samarco on plans for restart"

* "we expect to:increase volume by up to four per cent (copper equivalent volume growth, excluding shale)"

* Expect to invest us$5.4 billion in capital and exploration expenditure in fy17

* We are creating a new global tailings dam standard for our operations

* Since plc agm in october, brazilian federal prosecutors office has filed criminal charges in brazil against samarco, bhp billiton brasil and vale

* Will defend charges against company and fully support affected individuals in their defence of charges against them

* john schubert, will retire at end of agm meeting

* "we expect to deliver a further us$1.8 billion in productivity gains" Source text for Eikon: ID:nASX4yWzYT Further company coverage: BHP.AX

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