Aus mining company BHP posts huge profit

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Thu, 26 Aug 2010 12:46p.m.

BHP is up 16 percent on last year to AUD$14 billion

BHP is up 16 percent on last year to AUD$14 billion

While trying to pull out of the year’s biggest takeover, Australian mining giant BHP Billiton has just announced a healthy profit.

BHP is up 16 percent on last year to AUD$14 billion.

The result proves BHP has the money to fund its bid for fertiliser company Potash Corp.

Watch Ciara Sutton’s report

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