BHP Billiton Mining News

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.

Union at Colombia's Cerrejon to hear wage offer before possible strike vote

"We will meet with the company... after a request from them to present a new offer, the fourth in this negotiation," said the Sintracarbon union president.

Australian shares slip slightly on Wall Street pause; NZ little changed

Wall Street fell on Thursday after a run of strong performances from the Dow Jones Industrial Average and the S&P 500 index.

Copper miners challenged by water supply

"Water demand will increase because it will be necessary to process more material to obtain the same amount of copper": Wood Mackenzie.

BHP second-quarter iron ore output up 3 pct, maintains forecast

BHP's iron ore output climbed to 72 million tonnes for the three months ended Dec. 31 versus 70 million tonnes a year ago.

BHP is building an EV hub it doesn't want to keep

The good luck for BHP is that only about 40 to 45 percent of existing nickel mine supply is suitable for processing into a battery-grade chemical product.

Australia forecasts 20 pct iron ore price drop in 2018 as China demand eases

Australia expects iron ore prices to average $51.50 a tonne this year because of rising global supply and moderating demand from top importer China.

CHARTS: Big mining's surge in value shames tech giants

The mining cycle turned two years ago – gains for the sector's largest companies have far outpaced stocks like Apple, Amazon, Google and Facebook since.

Mining in 2018: Copper price to power on

Markets where technology hasn’t substantially shortened the supply cycle and where cost are rising (ie copper) have the greatest long-term upside in prices

Value of top 50 mining companies surge $140 billion in 2017

More than half the 2017 combined market cap gains for the world's largest listed miners accrued to just five firms as gold producers drop out of top 10.

Mining wins as Chile and South Africa back pro-business leaders

The political shifts are good news for the likes of BHP Billiton Ltd., Rio Tinto Group, Glencore Plc and Anglo American Plc.