Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
It has been a torrid time of late for mining companies in light of low commodity prices, and even the largest ones have struggled. A number of commodities have been showing signs of bottoming out or even having a bit of a bounce though, and with some of these big companies close to their lowest levels since the 2008 crash, I can see good value in some of them. Top of that list would be BHP Billiton (BLT), which is a company that I have covered before at higher levels and still see as a good longterm buy, even more so at the current share price of around 1041p.
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