BHP Billiton

Will a dry spell in Chile curb a global oversupply of copper?

Cecilia Jamasmie | February 25, 2015
Chile’s dry spell to weigh on global copper oversupply

A raging seven-year drought affecting copper-rich Chile is making miners grow anxious, with BHP and Anglo American already reporting an impact in their operations.

This BHP slide will bring tears to iron ore price bulls eyes

Frik Els | February 24, 2015
This BHP slide will bring tears to iron ore price bulls eyes

Weak iron ore prices have become the accepted industry norm, but the world's top miner also has bad news for those hoping for a pick-up in the long term.

Cecilia Jamasmie

BHP pins hopes on spin-off South32

Cecilia Jamasmie | February 24, 2015
BHP pins hopes on spin-off South32

In the second half of 2014 the businesses bound for South32 generated $5bn worth of revenue and almost $890m of earnings before interest and tax.

BHP slashing costs faster than expected

Frik Els | February 23, 2015
New low in oil prices drags BHP Billiton stock below 2009 levels

World number one miner notches "productivity gains" of $2.4 billion as profits fall 47% in second half of 2014.

Iron Ore Briefing and Western Australia Iron Ore Site Tour

BHP Billiton | February 3, 2015

BHP Billiton President Iron Ore, Jimmy Wilson, today announced plans to cut unit costs at Western Australia Iron Ore (WAIO) by at least 25 per cent and the potential to increase capacity there by 65 million tonnes per year at a very low capital cost.

Commodity slump forces BC Iron to quit Brazilian project, revalue mines

Cecilia Jamasmie | January 30, 2015
Commodity slump forces BC Iron to quit Brazilian project, revalue mines

The Australian junior iron ore producer is also studying whether it needs to write down the value of any ­assets ahead of next month’s half-year result.

BHP axing up to 300 Olympic Dam jobs

Cecilia Jamasmie | January 30, 2015
BHP axing up to 300 Olympic Dam jobs

The decision caps off a dreadful month for South Australia’s mining sector.

Another day another iron ore price drop

Frik Els | January 27, 2015
Another day another iron ore price drop

Another slide on Tuesday drops iron ore price 13.4% year to date, but latest forecasts see another double digit dip from current levels.

The bottom is falling out of the iron ore price

Frik Els | January 26, 2015
The bottom is falling out of iron ore price

Down 4% to fresh five-and-half year low.

Rio Tinto digging up more iron ore despite slumping prices

Cecilia Jamasmie | January 20, 2015
Rio Tinto digging up more iron ore despite slumping prices

The world’s second largest iron ore miner is targeting a 18% output increase this year, adding to a mounting global glut that has driven down the commodity price.

‘Mick the Miner’ goes after Vale's nickel assets

Cecilia Jamasmie | January 14, 2015
‘Mick the Miner’ goes after Vale's nickel assets

The 56 year old who built Xstrata into one of the world’s biggest mining firms and then sold it to Glencore, is tipped to be on the verge of landing his first big fish.

Chile mulls making water desalination mandatory for miners

Cecilia Jamasmie | January 9, 2015
Chile mulls making water desalination mandatory for miners

The measure would only be imposed to miners that consume more than 150 liters (40 gallons) of water per second.

BHP Billiton Sustainable Communities Donates A$250,000 to the Sampson Flat Bushfire Relief Fund in South Australia

BHP Billiton | January 8, 2015

In response to the significant impact of the recent South Australian bushfires on local communities, BHP Billiton Sustainable Communities today donated A$250,000 to the State Emergency Relief Fund.

Copper sector needs nine Escondida mines over next decade to meet global demand: Rio Tinto

Cecilia Jamasmie | January 7, 2015
Copper sector needs nine Escondida mines over next decade to meet global demand: Rio Tinto

The miner believes that while the market is oversupplied now it will tighten from 2018.

U.S. widens battle for global oil market: allows condensate exports

Cecilia Jamasmie | December 31, 2014
U.S. widens battle for global oil market: allows condensate exports

The government also published a list of answers to common questions about crude exports, providing guidance in a matter plagued by confusion.

Iron ore and oil down to financial crisis levels

Cecilia Jamasmie | December 30, 2014
Iron ore and oil down to financial crisis levels

Iron ore and oil, for ages among the strongest commodities, are on course to end 2014 as the worst performing ones.

BHP, Rio, Anglo fear effects of Chile’s new labour bill

Cecilia Jamasmie | December 23, 2014
BHP, Rio, Anglo fear effects of Chile’s new labour bill

The new law could seek to limit mining companies' ability to replace workers during strikes.

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
usa_congress_youtube_capture

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
Scotiabank: Copper 'likely oversold'

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

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