The “global Australian” mining giant BHP Billiton NYE:BHP has established an office in New York, increasing its traditionally low North American profile.
Over the last two years, BHP has forged ahead in the United States and Canada, dropping $20 billion on the U.S. shale gas boom and another $2.6 billion on the Jansen potash project in Saskatchewan.
Though the Manhattan office was set up last year, no reports from 2012 mentioned its existence, Peter Ker reports for the Age.
As BHP moves forward with its American operations, it will have to fend off U.S. authorities who are currently investigating the company for providing inducements, hospitality and gifts to Chinese and other foreign officials just before the Beijing Olympics committee was accepting applications for sponsorships.
BHP was contracted to provide gold, silver and bronze for the official 2008 medals.
Reprinted by permission of Mining.com