AAII - West Suburban Sub-Group in Naperville, IL . . . Newsletter & Information Blog

Sunday, September 30, 2007

BHP Glitters!

Anglo-Australian mining giant BHP Billiton once again proved its Midas touch on September 26 by announcing that yearly gold output at its Olympic Dam mine will be more than 10% greater than previously thought. That makes it one of the world's richest mines and pushed BHP stock up to a record as gold prices neared a 30-year high.

On September 28th, BHP closed at $78.60 per share.

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