BHP is acquiring 3.44 million units of Midland at $1.70 per unit for $5.9 million.
BHP Billiton Mining News
The northwestern ports of Port Hedland, Dampier and Ashburton were beginning to clear anchorages and berths.
'We don’t see the case for any major investment in iron ore' - Mackenzie
Iron ore’s dramatic rally will raise costs for steelmakers, potentially crimping their profit margins, unless they are able to pass on the additional burden to customers.
It is improbable that a strike would have an impact on total exports.
State claims BHP used its wholly-owned Singapore marketing hub subsidiary to understate the price of iron ore sold Japan and China buyers.
Aurizon's 4 major railways in the Bowen Basin of Queensland, the world's largest coking coal export region, carry coal from mines owned by BHP Billiton , Glencore , Anglo American and Peabody Energy.
The project, valued at €150m, is expected to create many opportunities for Western Australian suppliers.
BHP's maintenance work on its Port Hedland facilities, spare rail capacity and 40 ships waiting to be loaded means it will be able to make its production target for June 2018 - July 2019.
BHP Billiton and BHP Billiton Plc are now BHP Group and BHP Group Plc respectively and all the tickers, including the ones on the London Stock Exchange and the Johannesburg Stock Exchange will switch to “BHP” on Nov. 23.
The issue relates to the amount of tax BHP owed for selling its Australian commodities via its Singapore marketing business — or allegedly shifting its profits offshore.
According to the company, the chimney stack was structurally unsound and posed a significant threat to safety.
The global miner expects to have partial rail operations back up and running in about one week.
Ecuador is being hailed as the biggest potential new source of supply of the metal used in renewable energy.
Introducing BHP's Trommel maintenance robot.
Samarco, a joint mining venture between Brazil's Vale and BHP Billiton, could resume production at a third of its capacity at the beginning of 2020.
Iron shipments fell about 5 percent, hurt by planned maintenance and safety pauses across all operations following a fatality.
Iron ore shipments to China from Australia's Port Hedland terminal rose 5.3 percent in September.
PIRC has recommended that BHP Billiton shareholders oppose the mining company's remuneration report at its AGM on Oct. 17
Coal’s push to $100 a ton in Europe may benefit the greenest energy providers more than it does for miners.
BHP Billiton said on Monday its Kalgoorlie nickel smelter has been closed after a fire that broke out over the weekend and the plant will remain shut while it assesses the damage.
A fire at its Spence copper mine in Chile had forced it to partially shut down operations. No one was injured in the fire, which has since been extinguished.
It would resolve shareholder claims stemming from the Nov. 5, 2015 bursting of the Fundão dam in Minas Gerais run by Samarco.
Vale on top.
Miner will ask shareholders at the annual meeting in October to vote to rename the company in an effort to emphasize its Australian roots.