BHP Billiton Mining News

Trump trade war blows up big week for mining majors

A week choc-a-bloc with billion dollar copper, iron ore and cobalt deals ends with huge drop in prices and sell-off in stocks of mining's biggest names.

Samarco is said nearing settlement with Brazil prosecutors

Resolving the legal cases will allow talks with creditors to begin as the company starts to draft its long-term business plan.

Workers at BHP's Spence copper mine in Chile approve labor contract

The deal also includes a 2 percent increase over current base salaries.

Escondida union in Chile optimistic will reach deal with BHP

The union at the world's largest copper mine said BHP has promised to respond to its recent proposal for a new contract by 3 pm local time on Monday.

About 75,000 jobs to go in Germany’s auto industry because of EVs — study

The country's car industry currently employs about 840,000 people, with 210,000 of them working on powertrain production, the sub-sector set to be the worst hit.

Electric vehicles on the road to triple by 2020 — IEA

The number of electric cars, including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles, increased by 57% in 2017 from the previous year.

Here’s what miners are getting wrong when it comes to digital transformation

While the global mining industry is quickly becoming more digitally mature, that transformation continues to focus on productivity and profitability, rather than on much needed innovation, a new study shows.

Copper king's gender push rings hollow with all-male board

Codelco just achieved a new, less enviable mantle -- the only major mining company with an all-male board and senior management team.

How to lead digital transformation

"You're starting to see AI being used in some quite interesting ways within processing."

Materials buoy Aussie shares as BHP hits highest since August 2014, NZ at record

BHP shares rose nearly 2 percent, hitting their highest in about 45 months.

Commodities are flashing a once-in-a-generation buy signal

Since the commodities supercycle unwound nearly 10 years ago, many investors have been waiting for the right conditions to trigger mean reversion and lift prices.

BHP cuts 2018 iron ore forecast, cites rail car upload problems

The miner cut its fiscal 2018 production guidance to between 272-274 million tonnes of iron ore from 275-280 million tonnes.

Prosecutors, Samarco to ask more time for disaster's compensation plan

They are seeking to obtain 30 more days to finish details of the plan.

Copper pipeline lowest in a century

While appetite for copper-mining assets is picking up, a supply crunch is imminent, experts say.

World’s top miner BHP quits global coal group over climate stance

The miner is withdrawing from the World Coal Association over a clash of views on how to fight climate change, with BHP saying it’ll reap little benefit from staying on as a member.

CHARTS: Mining rally running out of steam as copper price weighs

Cobalt, nickel still on the boil, but gloomier outlook reflected in copper price and fall in market value of top mining companies during first quarter.

Labour groups file OECD complaint against BHP and Vale over dam-burst disaster

The accident killed 19 people, left hundreds homeless and unemployed and caused sludge to wash downstream into the neighbouring state of Espírito Santo.

Workers at Chilean mine Escondida accept early contract talks

Failure to reach a labor deal caused a 44-day strike at the mine last year.

Chile's Escondida invites union to early labor talks

Last year, a more than month-long strike at Escondida ended with workers opting to extend their previous contract through July 31 of this year instead of replacing it.

BHP takes top spot in brand value ranking

Glencore drops 11% in brand value after various allegations against it in the Paradise Papers.

BHP CEO will meet with activist Elliott to discuss demands

BHP’s first-half results missed analysts’ expectations and the shares fell 4.6 percent, on pace for the biggest daily drop since April.

BHP rebuffs Elliott as first-half profit hits three-year high

The New-York based fund argues an overhaul could add more than $22 billion in value for shareholders and wants BHP to conduct an independent study.

BHP takes $1.8 billion hit from US tax reform

Charge is due to due to cuts in the US Federal corporate income tax rate, the world’s biggest mining company said.

No sign of early contract talks at BHP's Escondida mine -Union

BHP's Escondida on Wednesday cast doubt on chances of starting talks on a new labor agreement with the company before formal negotiations scheduled for June.

Copper deals off to best start in 12 years as prices surge

More than $500 million in transactions are pending or were completed so far this month.