Diamonds might be a girl’s best friend, but they’re BHP Billiton’s old acquaintance. The mining giant announced overnight that it’s now out of the diamond business, selling its EKATI mine in Canada to Harry Winston. Fortescue Metals Group is reportedly thinking about its options when it comes to the ownership of its rail and port infrastructure. Meanwhile, worrying questions are being asked about whether all our free-to-air broadcasters can survive and Leighton Holdings is monitoring the Brisconnections saga.
BHP Billiton, Harry Winston