BHP Billiton Mining News

Vale, BHP iron ore venture can't pay creditors

Brazil's suspended iron ore producer Samarco misses another payment on its $3.8 billion debt as it struggles to stay afloat following deadly dam burst.

Worker dies at La Escondida mine

La Escondida is 57.5% owned by BHP Billiton and 30% owned by Rio Tinto.

Brazil charges 21 people with homicide in Samarco disaster

If convicted, accused executives could face sentences of between 12 and 30 years in prison.

BHP Billiton to lose chairman Jac Nasser next year

He said he had intended to announce his retirement last year but chose to stay on while BHP dealt with the aftermath of the Samarco mine disaster in Brazil.

Brazilians disrupt BHP Billiton General Meeting in London, a year after deadly Samarco dam disaster

Outside the meeting, a street theatre re-enactment of the destruction of the Doce River in Minas Gerais, Brazil, was accompanied by testimonials from frontline visitors affected by the company’s operations in Brazil, Colombia and Indonesia.

World's largest miner wants 50 pct of workforce to be female by 2025: report

"We challenge dated stereotypes about jobs in the resources industry.”

World’s top miner BHP Billiton finally sees signs of recovery in mining

BHP is not the first major player to flag green shoots in the mining industry. Caterpillar, the world's largest heavy machinery maker, said the same last month.

World’s No. 1 miner BHP Billiton put its money on oil and gas

The company believes the market is set to move back into balance in 2017, with demand to exceed global supply.

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.