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News: BHP BHP Billiton CEO says increasing exploration activity

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    May 10 (Reuters) - BHP Billiton Plc BLT.L :

    • "We are not waiting for (commodity) prices to recover" - CEO
    • Will continue to improve productivity, with a further $3.6 billion of gains expected by end of 2017 financial year - CEO
    • Will also increase number of copper targets we test this year by 38 percent - CEO
    • "We are increasing our exploration activity to take advantage of falling costs as others pull back" - CEO
 
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