BHP Mining News

BHP sees stock briefly spike before closing auction in Australia

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.

BHP aims to restart Olympic Dam copper facility this month

In August, BHP had shut an acid plant following a boiler tube failure, disrupting copper processing. Underground mining at the site continued as normal.

BHP sees major copper demand boost from China's widening belt and road

BHP has analysed the impact of China's Belt and Road Initiative (BRI), a network of overseas construction projects, on commodity demand.

BHP and Vale reach final settlement in Brazil over dam failure

The definitive agreement comes almost three years after the incident, which killed 19 people and became the country’s worst ever environmental disaster.

Rio Tinto, Japanese partners to inject $1.55B into Aussie iron ore projects

The company said the investment would enable it to sustain production of its Pilbara Blend brand of iron ore and its Robe Valley lump and fines products.

Mining industry’s adoption of blockchain not a question of if, but when — report

Blockchain technology and the smart contracts it enables are the next innovations the mining industry needs to adopt in order to improve efficiencies and increase market transparency, a paper published by global law firm White & Case says.

BHP ditching 'Billiton' from its name, trims CEO pay rise

Miner will ask shareholders at the annual meeting in October to vote to rename the company in an effort to emphasize its Australian roots.

How Anglo quietly built a commodity trader in Glencore's shadow

In just five years, Anglo assembled marketing operations that now sell more metals than the company produces.

World’s biggest miner speeds hunt for copper assets, buys stake in SolGold

BHP will gain access to SolGold's Cascabel project, in northern Ecuador, believed to have the potential to become one of the largest copper-gold assets ever discovered.

Australia faces increased blackout risks this summer as coal plants age

The risk of blackouts in Australia's upcoming summer has grown from last year as ageing coal-fired power plants have become less reliable.

Technical issue disrupts BHP’s Olympic Dam copper smelter

Company is assessing the impact of an ongoing outage at the processing plant.

BHP’s costs crash diet is running out of steam: David Fickling

Going on a crash diet seems great while you’re shedding the pounds. The problem is sticking with it for the long term.

Mining and metals markets crater as copper price enters bear market

Investors found no solace in traditional safe haven gold with the precious metal setting a one-and-a-half year low.

Copper price: BHP averts strike at Escondida

After a near 5% drop on Wednesday, news that a strike had been averted at the world's largest copper mine put a cap on hopes of a recovery for the bellwether metal.

Chile's Escondida union to take new labor proposal to members

It will avert its planned strike to consult members about a renewed proposal for a new labor contract from operator BHP .

Copper price falls as China investment grows at slowest pace on record

Called off strike at world's largest copper mine adds to pressure on copper price now down nearly 20% in little over two months.

Copper vulnerable to supply shock as giant mine faces strike

Copper bears could get caught wrong-footed as a strike looms at the world’s biggest mine.

BHP says Brazilian court approves settlement for Samarco

Samarco, a joint venture of Vale SA and BHP Billiton, expects to obtain next year all licenses needed to resume operations.

Samarco eyes restart in 2019, when Brazil license analysis concludes

Samarco expects to obtain next year all licenses needed to resume operations suspended after the 2015 environmental disaster.

Union at Chile's Escondida sets deadline for negotiations ahead of strike

The union at the world's biggest copper mine told the company it should prove its willingness to negotiate by Monday morning.

Copper price: BHP plans for Escondida strike

BHP said final wage offer rejected on Thursday was "best collective labor contract at a private mine in the country."

BHP, Rio deals show lack of options beyond shareholder returns: Russell

BHP Billiton last week agreed to sell its U.S. shale oil and gas assets for $10.5 billion, while Rio Tinto appears on track to exit its troubled investment in the giant Grasberg copper and gold mine in Indonesia for about $3.5 billion.

Union official at Chile's Escondida mine predicts 'overwhelming' vote against BHP offer

Union members have until Wednesday to finish voting on the company's proposal.

Chile's Escondida mine workers reject labor offer, to vote on strike

The vote began on Saturday and will continue through the middle of next week.

BP pays $10.5 bln for BHP shale assets to beef up U.S. business

A unit of British oil major BP PLC will acquire BHP's unit which holds the Eagle Ford, Haynesville and Permian assets for $10.5 billion.