Original article by Matt Chambers
The Australian – Page: 19 : 26-Apr-17

The London-listed shares of BHP Billiton and Rio Tinto have fallen by around 16 per cent in the last two months. Goldman Sachs has reduced its share price targets for the UK stock of both companies. The firm now has a "sell" recommendation on BHP, citing factors such as the downturn in the price of iron ore and coking coal. Goldman Sachs also has sell ratings on Antofagasta and Kumba Resources.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, THE GOLDMAN SACHS GROUP INCORPORATED, ANTOFAGASTA PLC, KUMBA RESOURCES LIMITED, WESTPAC BANKING CORPORATION – ASX WBC