Investment will go towards more drilling, orebody studies, infrastructure improvements and permitting activities.
BHP Mining News
The supply/demand dynamics benefit Australia’s iron ore miners, according to the latest research by the Macquarie Group.
Rio Tinto plans to offer technical consulting advice, as well as contribute $1 million over five years to the program.
Many in the industry have emphasized the importance of copper in the quest for a lower carbon economy.
The move is aimed at providing a tool for institutional investors to assess the risk from their holdings in mining companies.
With a market facing a global deficit, the world’s biggest iron ore export port is flagging a timely boost in shipments as Fortescue and rivals bring on new mines in Australia’s Pilbara region.
Futures topped $90 a tonne on Wednesday amid increasing concern the crisis at Brazil’s Vale SA will be drawn out as regulators ordered dozens of dams to be shut.
The Bluewater business, which is also attracting interest from closely held Fieldwood Energy LLC, is focused on deep-water exploration in the Gulf of Mexico and could fetch about $1.5 billion to $2 billion in a sale.
BHP, the holder of the remaining interest in the mine, also completed its sale of their 50% interest to Sojitz.
Currently there are no set of universal rules defining exactly what a tailings dam is, how to build one and how to care for it after it is decommissioned.
The suspension comes after Rio, BHP, and Fortescue on Thursday cleared their ships from ports ahead of Cyclone Veronica.
Both companies are seeking to extend existing permits to draw water from Chile's water-constrained Salar de Atacama.
Saskatchewan potash producers had no input before the surprise provincial budget announcement that they may pay an estimated C$117m more next year.
China's steel sector is currently locked in a struggle between largely bearish longer-term structural factors and short-term cyclical influences, some of which are bullish.
The world’s largest miner has signed an earn-in and joint venture deal with Canada’s Luminex Resources over the Tarqui copper project.
The collision between the driverless vehicles happened about 11pm on March 16, at the Jimblebar iron ore mine in Western Australia.
The logic behind BHP's potash play is strong, but investors won't be convinced to back it until the mining giant convinces itself.
The train had to be deliberately derailed after it reached speeds of 162 km/hour (101 mph), destroying two locomotives, 245 ore cars and 2 km (1.2 miles) of track.
Move is part of an increasing wave of investment by mining and energy groups into technologies that suck carbon dioxide directly from the atmosphere and use it to make synthetic fuel.
Vandita Pant will assume the role of chief commercial officer on July 1, taking over from 25-year veteran Arnoud Balhuize.
The International Council on Mining and Metals (ICMM), a London-based industry group representing 27 companies, is setting an independent panel of experts to develope a global standard for tailings facilities to be enforced to its members.
Wood Mackenzie says close to 8 million tonnes of seaborne supply from Brazil is at risk in 2019.
Wetlands have been dried out, the environment has been damaged, for the salt flat and for local communities, it is already too late.
Tension between Beijing and Canberra has grown in recent months over issues of cyber security and China's influence in Pacific island nations.
CEO Andrew Mackenzie said it was too early to say what impact the recent Vale tailings dam disaster will have on efforts to restart BHP and Vale's jointly owned Samarco mine, shut since November 2015 after a dam collapse killed 19 people.