BHP Billiton

Miners back to work at Peru’s Antamina copper mine

Cecilia Jamasmie | December 15, 2014
Miners back to work at Peru’s Antamina copper mine

This was the second time that Antamina’s workers down tools in about a month over demands for a bonus and other benefits.

Senate passes huge Arizona copper mine

MINING.com Editor | December 15, 2014
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The United States Senate has passed a controversial land swap deal, paving the way for the country's largest copper mine to move forward, following close to a decade of roadblocks by Washington.

South Africa may sell iron ore, BHP stakes worth $3bn

Frik Els | December 13, 2014
South Africa may sell iron ore and BHP shares worth $3bn

The country needs funds to keep the lights on, but buyers may be hard to come by.

A big boys game: BHP ships 1bn tonnes iron ore to China

Frik Els | December 11, 2014
BHP ships one billionth tonne iron ore to China

BHP's first ore left Port Hedland in 1973, but 900m tonnes where shipped just over the last 12 years.

BHP moves away from iron ore to focus on new darling: copper

Cecilia Jamasmie | December 11, 2014
BHP moves way from iron ore to focus on new darling: copper

Forget iron ore for now, the world’s largest mining company is making a bold bet on copper.

New strike hits Peru's largest copper mine

Cecilia Jamasmie | December 11, 2014
New strike hits Peru's largest copper mine

Unionized workers at Antamina downed tools at midnight Wednesday.

Glencore’s Glasenberg slams top iron ore producers once again

Cecilia Jamasmie | December 10, 2014
Glencore’s Glasenberg slams top iron producers once again

In his first investor day since buying Xstrata last year, Glencore’s boss highlighted his company’s spread of commodities and took aim at the expansion strategies of Rio Tinto and BHP Billiton.

Forget ‘NewCo’: BHP Billiton spin-off named South32

Cecilia Jamasmie | December 8, 2014
Forget ‘NewCo’: BHP Billiton spin-off named South 32

The waiting game is over. BHP Billiton has named its Perth-based spin-off company, appointing Graham Kerr as its chief executive.

Rio, BHP very close to develop U.S. largest copper mine

Cecilia Jamasmie | December 4, 2014
Rio, BHP very close to develop U.S. largest copper mine

Arizona’s lawmakers have slipped a piece of legislation that would allow the mining giants to go ahead with their massive Resolution Copper project.

New low in oil prices drags BHP Billiton stock below 2009 levels

Cecilia Jamasmie | December 1, 2014
New low in oil prices drags BHP Billiton stock below 2009 levels

The stock closed in Sydney below the $30 mark, which is the lowest it has traded in the last five years.

Copper hits 4-year low in New York

Cecilia Jamasmie | November 28, 2014
Copper hits 4-year low in New York

End of strike at Peru’s biggest copper mine and weaker oil prices drove Dr. Copper goes to the ICU.

Rio Tinto cuts spending, defers capex, keeps dividend

Cecilia Jamasmie | November 28, 2014
Rio Tinto cuts spending, defers capex, keeps dividend

The mining giant said it was committed to giving significantly more money back to shareholders in 2015 despite a severe drop in iron ore prices.

Rio Tinto sets $350m aside to expand Canada’s Diavik diamond mine

Cecilia Jamasmie | November 27, 2014
Rio Tinto sets $350m aside to expand Canada’s Diavik diamond mine

The investment will allow for a fourth pipe to be developed at the site, with production expected to start by 2018.

Heads roll as BC Iron forced to cut costs amid weakest price in years

Cecilia Jamasmie | November 26, 2014
Heads roll as BC Iron forced to cut costs amid weakest price in years

Founding managing director Mike Young among the ones leaving the company.

Iron ore massacre: below $70 for first time in five years

Cecilia Jamasmie | November 25, 2014
Iron ore massacre: below $70 for first time in five years

This is almost two-thirds below a peak of $191.90 reached in February 2011, which was when huge new mines were being approved.

BHP hints at Jansen fast-track after Uralkali disaster

Frik Els | November 25, 2014
BHP hints at Jansen fast-track after Uralkali disaster

"These factors, combined with continued growth and demand for potash all conspire, if you like, to bring toward us the time when a new mine is required."

BHP warns more cost cuts, management shake up before demerger

Cecilia Jamasmie | November 24, 2014
BHP warns more cost cuts, management shake up before demerger

The world's largest miner has stepped up its cost-cutting plans as it battles a sharp slide in iron ore, coal and oil prices.

BHP targets further spending cuts as iron prices tumble

Bloomberg | November 23, 2014

BHP Billiton Ltd. (BHP), the world’s biggest mining company, plans to take a scalpel to capital spending and costs to bolster cashflows as iron ore and crude oil prices plunge.

Strike at Peru's top copper mine not hurting output: firm

Cecilia Jamasmie | November 18, 2014
Strike at Peru's top copper mine not hurting output: miner

But unionized workers insist on claiming that Antamina's output would likely drop by at least 90%.

BHP abandons Venus nickel project in Australia

Cecilia Jamasmie | November 14, 2014
BHP abandons Venus nickel project in Australia

The news comes barely a day after the miner announced it was scrapping the sale of its Nickel West division.

BHP, Rio Tinto call for global deal to push clean coal

Cecilia Jamasmie | November 13, 2014
BHP, Rio Tinto call for global deal to push clean coal

Their plea comes amid fears a climate change deal reached Wednesday between the U.S. and China could hurt coal miners in Australia.

Fortescue to BHP, Rio: Don't hurt our relationship with China

Frik Els | November 12, 2014
Fortescue to BHP, Rio: Don't hurt our relationship with China

Twiggy says BHP and Rio threaten Australia's relationship with Beijing by bankrupting Chinese iron ore producers. China's steelmakers may disagree.

BHP Billiton says scraps sale of Nickel West division

Reuters | November 12, 2014

The world's largest mining company has scrapped the sale of Nickel West and will continue operating the unit after failing to find a buyer at the right price.

BHP closer to unveiling details of upcoming spin-off

Cecilia Jamasmie | November 9, 2014
BHP closer to unveiling details of upcoming spin-off

The world’s largest miner is only two weeks away from shedding more light on an upcoming spin-off of unwanted assets.

BHP Billiton to export US oil without permit

Cecilia Jamasmie | November 5, 2014
BHP Billiton to export US oil without permit

The move is considered another sign that Washington’s decades-old federal ban on crude exports is crumbling.

Iron ore price falls to 64-month low

Frik Els | November 4, 2014
New iron ore price low after weakest China imports in 16 years

Fresh Chinese weakness pushes iron ore price to lowest since June 2009, but rising premiums for high-quality lump imports offers some hope.

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