BHP already operates the world’s largest copper mine, Escondida, which sits, quite literally, across the road from Zaldivar.
The cuts at the Adelaide support office for the Olympic Dam operations come about six months after BHP scrapped about 90 permanent positions and 210 contractor jobs.
Analysts from Goldman Sachs, Citi and ANZ predict prices will drop again below $50 a tonne.
Iron ore rallies again after Vale CEO predicts 200 million tonnes of Chinese production shutting down and seaborne market growing to 1.44 billion tonnes.
It may reduce the value of its 60% stake in the Samancor Manganese joint venture, as it keeps furnaces shut due to low prices for the commodity.
BHP Billiton's outspoken chief executive officer believes oversupply will keep global metals prices lower for much longer.
Signs of demand improvement as iron ore imports cover at Chinese ports fall to near two-year low.
Goldman expects the iron ore "war of attrition" will continue while prices gradually decline toward its $40 per metric ton forecast by 2017.
The stock surged over 15% in early trade, closing at A$2.40, or 10.6% up, after reports of Chinese-linked companies seeking permission to invest in the iron ore producer.
The China-Brazil deal means that in just three years Vale will be producing more than BHP Billiton and Rio Tinto combined.
The U.S. Securities and Exchange Commission concluded BHP did violate a U.S. anti-corruption law by paying for officials and their families to attend the Games.
Only lower grade fines are oversupplied shows new research report.
Andrew Mackenzie also warned the proposed would damage the Australia’s economy and shift investment to main foreign competitor Brazil.
Market valuation at lower end of expectations on worries over dearth of reserves. BHP stock falls 6%.
Inquiry comes amid claims the mining giants are driving prices down, severely damaging the country's economy .
Ivan Glasenberg has once again slammed his competitors, who he accuses of damaging the credibility of the mining industry.
CEO Andrew Mackenzie announced the firm would cut capital and exploration expenditure to $9 billion in the 2016 financial year from $12.6 billion in 2015.
Chinese import prices surge more than 3% to 10-week high after Beijing's surprise rate cut boosts industry prospects.
Forrest is blaming BHP and Rio for a fall in the price of iron ore as the pair continue to ramp up production.
Overall Chinese imports plummeted 16% in April as coal enters free-fall, but iron ore's decline was modest and copper shipments jumped 5%.
The company's shares have lost over 40% of their value since it first listed in 2011 on the London Stock Exchange.
Steelmaking raw material now up 28.7% from decade lows hit last month.
BHP Billiton shareholders have overwhelmingly voted in favour of the South32 demerger, a spin off that creates Australia’s third-largest mining company.
The A$3.9 million partnership with Reconciliation Australia seeks to include teaching of Aboriginal and Torres Strait Islander history in schools.
India's Prime Minster Narendra Modi's plans to shift the country's economy toward manufacturing and away from agriculture and services are being held up by a different kind of coal shortage.
The 14-months long investigation ended on April 10, with BHP accepting the charge of “causing an offensive odour,” and the EPA releasing just a single tweet about it.
Get Mining News and Alerts
sent to your inbox daily