BHP Group Mining News

Nerves of steel are needed if iron rally is over: taking stock

The Stoxx Europe 600 is still stuck in a tight range as the earnings season is getting into full swing.

BHP cuts FY iron ore production guidance as cyclone hits output

The Anglo-Australian miner lowered projections for its fiscal 2019 iron ore production to 265 million-270 million tonnes.

Rio Tinto warning may rupture mining industry into green and dirty

Rio Tinto's warning to mining lobby groups that they have to acknowledge the threat of climate change is likely a sign that the industry will inevitably fracture into two camps.

Coal's collapse crowns winners and losers from China to the US

It’s been a stormy month for benchmark coal prices in Asia, with the potential for reverberations across the globe.

As Goldman backs off, Citi says chase iron ore rally to $100

Iron ore’s poised to hit $100 a ton, according to Citigroup, which highlighted “very, very low” seaborne cargoes just as data from China may show a pick-up in demand.

Iron ore prices shift structurally higher on Vale woes

Iron ore prices in China reached a record high on Tuesday as market participants wrestled two dilemmas, namely the weather-related disruptions from Australia and the safety outages in Brazil.

Australian miners see some impact from two cyclones, clean up begins

Businesses affected included those in the iron ore export hubs of the Pilbara region, as well as Rio Tinto's bauxite operations in Weipa to the east.

'Radical’ foes, red tape lob doubt into Ecuador mining quest

Ecuador has tethered its economic fortunes to a burgeoning mining industry. Now it just needs to get bureaucrats and community leaders on board.

Mining's dirty secret faces a climate reckoning

Producing a single metric ton of steel in a blast furnace typically releases around 2.3 tons of carbon dioxide, not much less than you’d get from burning a ton of thermal coal for energy.

Coal's perfect storm rattles home to $50B new projects

It’s been a tough few weeks for Australia’s coal industry.