BHP Billiton Mining News

BHP: No copper price pick-up soon

Longer term prospects are brighter due to lack of high-quality future development opportunities.

BHP CEO pay cut in half over Brazil disaster

Deadly November tailings dam burst at Samarco iron ore mine and commodity downturn key considerations to slash executive pay.

Here’s what 50 million extra tonnes of iron ore will do to prices

Prices for the steel-making ingredient are down by 9.8% over a month ago and most of the massive projects expected to come on stream this year are not producing at full steam yet.

One graph all iron ore price bears should see

"China’s steel use will also reflect its maturing economic structure and consumerization."

Near record China imports can't hold up iron ore price

August shipments third best month on record as price slips to six-week low and BHP warns of new supply pushing prices down further.

BHP Billiton launches Prospects blog

The blogs will offer views on economics, commodities outlook and individual markets, and broader issues such as policy, governance and our social contribution.

Why Samarco tailings dam failed

Panel appointed by Vale and BHP release their findings.

BHP whistleblower paid $3.7 million

The first time the SEC has paid an Australian whistleblower in a corruption case.

Samarco restart still a year away

World's largest iron ore pellet operation has been shut since November.

South32 posts $1.6bn loss but pays maiden dividend

The miner continues to look for new assets, including Anglo American’s 40% stake in their manganese joint venture — Samancor.

Iron ore’s rally has its days numbered — Citi

Citi analysts believe the steel-making ingredient will average $51 a tonne in the final quarter of 2016 and fall to $45 next year.

Productivity the priority for BMA’s future suppliers

At a sold-out Moranbah luncheon last week, Bowen Basin Mining Club members were offered a timely insight into BHP Billiton’s global focus on production efficiencies and changing supply management practices.

BHP may mothball $2.6 billion Jansen potash project if prices remain weak

The company, however, said it continues looking for a partner to take the venture off the ground.

World’s No. 1 miner BHP Billiton posts $6.4bn annual loss — its worst-ever

Not even counting the $7.7 billion in write-downs and charges, BHP’s underlying profit dropped by a painful 81% to $1.2 billion for the year to June.

Mount Polley and Samarco: What can we do to reduce the chances of another tailings disaster?

Recommendations regarding better site investigation procedures, and stricter adherence to tailings management procedures are obvious steps in the right direction.

Iron ore price soars past $61 per tonne to fresh 3-month high

Iron ore’s resilience in recent months has defied many analysts’ forecasts, as Beijing’s stimulus plans, restocking by Chinese steel mills and historically low port stockpiles have supported prices.

More bad news for copper price

Study shows the most efficient mines in top producer Chile now produce copper for less than $1 a pound after finding an additional 13% in savings this year.

Iron ore breaks the $60 per tonne barrier, extending week’s rally to 9%

With this jump, the commodity's gains are close to 9% for the week and almost 40% so far this year.

HP, Glencore, Syncrude linked to human right abuses from climate change

Companies responsible for the majority of fossil fuel products that have been manufactured, marketed, and sold since the industrial revolution and have contributed the lion’s share of cumulative global emissions of industrial CO2 and methane, have been ordered to respond to a legal petition that triggered the first-ever national human rights investigation concerning climate change.

BHP's really in no hurry for Jansen potash

Progress at BHP project in Saskatchewan only 14% closer to completion after a year's work.

Vale iron ore output falls in second quarter but still beats estimates

It produced 86.82 million tonnes of iron ore in the April-to-June period, down 2.8% from a year earlier.

BHP's copper output to bounce back

World's top miner expects to produce 1.7 million tonnes in 2017 as output at giant Escondida mine jumps 9%.

Mick Davis to overhaul X2 Resources as fund fails to close any mining deal

Recovering commodity prices and investors' veto on deals have frustrated Davis and his team in their search for mining and metals bargains.

China signs long-delayed potash deal with Belarus at 30 pct less than last year’s price

Analysts see the long-awaited deal to sell potash to Chinese buyers as good news for the beleaguered sector, even though the agreed price is dramatically lower than last year’s.

BHP unlikely to reopen Samarco this year amid Brazil’s criminal probe

The firm said about 40% of its Brazilian workforce would take voluntary redundancy to reflect reduced production.