Fire shrinks Mt Whaleback iron ore production, but output at world's largest copper mine Escondida in Chile jumps 23%.
BHP Billiton Mining News
The project will be the Japanese company’s first desalination plant and it is estimated to require an investment of around $623 million (70 billion Yen).
Representatives from Elliott have in the last month met with major BHP investors based in London, South Africa and Australia to lay out the activist fund's arguments for an overhaul of the miner.
Arnoud Balhuizen, head of marketing at BHP, said the impact of the looming electric vehicle boom for raw materials producers would be felt first in the metals markets and only later in oil.
BHP Billiton Foundation announced Tuesday its financial support for two new global projects launched at an event held in Washington DC.
Investors to vote on the two resolutions submitted ethical investing group ACCR at BHP’s annual general meeting in London in October.
Initiative is part of South Australia’s government strategy that aims to triple the state's copper production to one-million tonnes a year by 2030.
Is the industrial metals and steelmaking raw materials rally at en end?
Wayuu leaders traveled to Bogotá to protest against El Cerrejón, the thermal coal open-pit mine owned by Glencore, BHP Billiton and Anglo American
It's tempting to think that BHP Billiton has caved into demands by activist investor Elliott Advisors by agreeing to sell its U.S. onshore oil and gas business and by boosting the returns to shareholders.
Controversial director Grant King is stepping down, only six months after joining the company amid concerns among investors over oil investments.
Prices for the steelmaking material have increased almost 50% since its 2017 lows.
Project will extend the life of its Spence copper mine in Chile by over 50 years, at a time when copper prices have reach their highest levels since late 2014.
The rise of electric vehicles is driving the world's biggest mining house, BHP , to switch gears and invest heavily in its long-suffering nickel business.
BHP Billiton is looking for ways to shore up power supply and bring down power costs at its Olympic Dam copper mine in Australia, as it plans to expand following a string of electrical outages, the mine's head said on Friday.
Brazilian newspaper had claimed BHP was selling its stake in the Samarco iron ore mine to its partner Vale.
Ore with 62% content in Qingdao jumped 7.2% to $73.70 a tonne, according to the Metal Bulletin, the highest price since April 11 and the largest one-day percentage gain since December 1, 2016.
Mosaic chief Joc O’Rourke also said BHP’s target of 2023 for first production looks unachievable.
Company will make a decision on the plan in August.
Hedge fund manager says expanding into the currently over-supplied fertilizer market is just a bad idea.
The indefinite labour action involves 56 unions, which are protesting a government’s proposed reform they see as "anti-workers".
Prices have climbed almost 7% since Monday and almost 32% since the recent low of $53.36 a tonne hit on June 13.
From the recent low of $53.36 a tonne hit on June 13, iron ore prices have now surged more than 27%.
It also revised down its expected share of hard coking coal for the year to between 7.2 to 7.8 million tonnes from 7.8 to 8.4 million tonnes.
The world's largest miner believes potash will be a $50 billion market by the late 2040s.