Using more nickel cuts costs by reducing the amount of expensive cobalt, a mainstay of current battery technology.
BHP Mining News
Move followed the dismissal of 49 workers and eight supervisors, union President Ronald Salcedo said.
It is already being called by some experts “the thickest high-grade copper intersection seen in years.”
SolGold said that its Alpala project in Ecuador's Cascabel region was around double the size and grade quality it was known to be in December 2017.
BHP Billiton and BHP Billiton Plc are now BHP Group and BHP Group Plc respectively and all the tickers, including the ones on the London Stock Exchange and the Johannesburg Stock Exchange will switch to “BHP” on Nov. 23.
Copper output in Chile, the world’s top producer of the metal, is expected to increase 4% in 2019 and continue to grow steadily during 2019 due to stronger performance from major mines, upgrades to existing operations, and lower risk of labour strikes.
The issue relates to the amount of tax BHP owed for selling its Australian commodities via its Singapore marketing business — or allegedly shifting its profits offshore.
BHP said its initial findings of the Nov. 5 incident showed the nearly 3-km (1.9 miles) long train came to a halt after a braking system control cable became disconnected.
Thirty empty ore wagons ran off the tracks in the southern part of Western Australia on Sunday.
The miner suspended its rail operations after the incident that wrecked track and left a locomotive and wagons upturned nearly 120 km south of Port Hedland.
$625 million covers the drilling and seismic work required by the project over a six year term - BHP
Results suggest that exploration and building remains the riskier but potentially more cost-effective alternative
BHP suspended all its iron ore rail operations on Monday after a train ran away at high speed for nearly 100 kilometres before being forcibly derailed.
BHP had promised to return all of the net proceeds from the $10.8 billion sale of its U.S. shale business to shareholders when the deal was announced in July.
The world's biggest miner promised in July to return the $10.5 billion in sale proceeds to shareholders.
Companies need to manage the cost of failure, not the rate of failure.
The deeper the mine, then the bigger the savings.
The world’s largest miner has cut its economic growth forecasts for the world's two biggest economies as the superpowers engage in a "lose-lose" trade spat.
The logic is sound: If steel mills are given pollution restrictions, they will use the best possible quality iron ore to maximise the amount of steel produced relative to the energy consumed.
China’s switch from industrial-led to consumption-led growth seems to be showing up everywhere except the production numbers of iron-ore miners.
BHP Billiton Ltd. is boosting sales of the top-quality nickel that’s needed for electric vehicle batteries, another sign that the world’s biggest miner is targeting more opportunities in the booming sector.
Though we have not seen a material impact on our business, we remain cautious in the near term
BHP's iron ore output rose to 69 million tonnes during the three months ended Sept. 30.
BHP has agreed to pay 45 pence per SolGold share.
It was just one trade of 5,000 shares, and it happened after the regular trading day. But it was enough to spike the price.