BHP Billiton Mining News

BHP's copper production up sharply, iron ore down

Fire shrinks Mt Whaleback iron ore production, but output at world's largest copper mine Escondida in Chile jumps 23%.

Mitsui to build desalination plant for BHP’s Spence copper mine in Chile

The project will be the Japanese company’s first desalination plant and it is estimated to require an investment of around $623 million (70 billion Yen).

Elliott tours BHP investors in renewed push for radical shake-up – sources

Representatives from Elliott have in the last month met with major BHP investors based in London, South Africa and Australia to lay out the activist fund's arguments for an overhaul of the miner.

BHP says 2017 a ‘tipping point’ for electric cars

Arnoud Balhuizen, head of marketing at BHP, said the impact of the looming electric vehicle boom for raw materials producers would be felt first in the metals markets and only later in oil.

BHP Billiton Foundation launches two new transparency projects

BHP Billiton Foundation announced Tuesday its financial support for two new global projects launched at an event held in Washington DC.

BHP’s shareholders to vote whether firm should leave Australia’s top mining lobby group

Investors to vote on the two resolutions submitted ethical investing group ACCR at BHP’s annual general meeting in London in October.

Aussie consortium to spend $12m in research to boost copper production

Initiative is part of South Australia’s government strategy that aims to triple the state's copper production to one-million tonnes a year by 2030.

Copper, iron ore price drops bring mayhem to mining stocks

Is the industrial metals and steelmaking raw materials rally at en end?

Colombian First Nations protest against coal mine

Wayuu leaders traveled to Bogotá to protest against El Cerrejón, the thermal coal open-pit mine owned by Glencore, BHP Billiton and Anglo American

Elliott's BHP adventure pays dividends, but not total victory: Russell

It's tempting to think that BHP Billiton has caved into demands by activist investor Elliott Advisors by agreeing to sell its U.S. onshore oil and gas business and by boosting the returns to shareholders.

BHP Billiton to replace two directors in board shake-up

Controversial director Grant King is stepping down, only six months after joining the company amid concerns among investors over oil investments.

Iron ore nears $80 a tonne

Prices for the steelmaking material have increased almost 50% since its 2017 lows.

BHP commits $2.5bn to extend life of Spence copper mine in Chile

Project will extend the life of its Spence copper mine in Chile by over 50 years, at a time when copper prices have reach their highest levels since late 2014.

BHP turns to electric car batteries to recharge its nickel business

The rise of electric vehicles is driving the world's biggest mining house, BHP , to switch gears and invest heavily in its long-suffering nickel business.

BHP presses for cheaper power ahead of Olympic Dam mine expansion

BHP Billiton is looking for ways to shore up power supply and bring down power costs at its Olympic Dam copper mine in Australia, as it plans to expand following a string of electrical outages, the mine's head said on Friday.

BHP denies it has agreed to sell Samarco stake to Vale

Brazilian newspaper had claimed BHP was selling its stake in the Samarco iron ore mine to its partner Vale.

Upbeat China data sends iron ore soaring, climbs the most in 8 months

Ore with 62% content in Qingdao jumped 7.2% to $73.70 a tonne, according to the Metal Bulletin, the highest price since April 11 and the largest one-day percentage gain since December 1, 2016.

Mosaic joins chorus calling BHP’s Jansen potash mine plan unwise

Mosaic chief Joc O’Rourke also said BHP’s target of 2023 for first production looks unachievable.

BHP $2.5bn expansion of Spence copper mine in Chile approved

Company will make a decision on the plan in August.

Activist investor Elliott calls BHP potash plans ‘disastrous’

Hedge fund manager says expanding into the currently over-supplied fertilizer market is just a bad idea.

Peru hit by nationwide mining strike; govt says situation ‘under control’

The indefinite labour action involves 56 unions, which are protesting a government’s proposed reform they see as "anti-workers".

Iron ore soars past $70 a tonne

Prices have climbed almost 7% since Monday and almost 32% since the recent low of $53.36 a tonne hit on June 13.

Rio’s revised iron ore guidance pushes price to three-month high

From the recent low of $53.36 a tonne hit on June 13, iron ore prices have now surged more than 27%.

Rio Tinto axes iron ore export forecast for the year

It also revised down its expected share of hard coking coal for the year to between 7.2 to 7.8 million tonnes from 7.8 to 8.4 million tonnes.

BHP to speed up Jansen development as potash demand to double by 2040

The world's largest miner believes potash will be a $50 billion market by the late 2040s.