BHP Mining News

Copper and lithium giant squeezing water rights for miners

Wetlands have been dried out, the environment has been damaged, for the salt flat and for local communities, it is already too late.

Chinese traders freeze Australian coal orders amid 40-day customs delays – sources

Tension between Beijing and Canberra has grown in recent months over issues of cyber security and China's influence in Pacific island nations.

BHP urges miners to create global body to oversee tailings dams

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.

Buybacks and bumper profits on the cards as mining giants report

Big mining has remained stubbornly focused on shareholder returns, rather than spending on acquisitions and big-ticket projects.

BHP's board approves funding for BP-led U.S. oil project

The $696m move comes about a month after London-listed oil and gas major BP discovered further oil prospects in the Gulf of Mexico.

Colombia coal output likely to hold steady in 2019, companies say

The Andean nation is the world's fifth-largest exporter of coal.

Codelco sees copper output drop 1.9% in 2018

Last year, Chile's total copper production rose by 6 percent to 5.83 million tonnes.

Miners BHP, Rio urge permanent voice for First Nations in Australia's parliament

"A First Nations' voice to parliament is a meaningful step towards reconciliation," BHP Chief Executive Officer Andrew Mackenzie said.

Iron ore prices are flying

Vale production cuts could have "outsized" impact in shorter term with spot prices predicted to return to $100-plus per tonne in summer.

BHP hit with $59 million tax bill on Singapore profits

Federal Court said BHP must pay tax in Australia on profits made by its Singapore-based marketing arm on the sale of commodities owned by the UK arm.

Copper – five things to look for in 2019

Copper price volatility is likely to be skewed to the upside.

Miners try to move away from fossil fuels — report

A research report by Wood Mackenzie states that electrification and automation will be a key priority for global mining companies.

Runaway train wreck, copper outages cost BHP $600 million

Three incidents occurred during the second half of 2018 hit BHP's production volumes by 4 million tonnes of iron ore and 70,000 tonnes of copper.

Mining companies turn to digitalization to improve efficiency — WoodMac

We expect more companies to unveil energy transition blueprints in 2019.

BHP said to owe $215m in underpaid iron ore royalties to Western Australia

State claims BHP used its wholly-owned Singapore marketing hub subsidiary to understate the price of iron ore sold Japan and China buyers.

Mining’s biggest jobs are up for grabs. Here are the contenders

Some of the mining world’s top executives are starting to plan their departures.

Ecuador’s rising opposition to mining may thwart exploration boom

As mining projects face headwinds from rising tensions, investors' courage will be tested, says Fitch Solutions Macro Research, which could hinder Ecuador’s plan to attract $4 billion to the sector by 2021.

Chile monthly copper output highest in 13 years

Ore grades and efficient processing increase output in the world's top producer of the red metal.

BHP, Rio, Vale stock bested Apple, Google, Facebook in 2018

It's been a tough year for mining, but the Big 3 were still a better investment than the FAANGs in 2018.

Miners are budgeting for a recovery in copper

Don’t listen to what miners say. Look at what they do.

Strong Chilean copper project pipeline expected to come online — report

The report does have a caveat.

Miners are budgeting for a recovery in copper

Don’t listen to what miners say. Look at what they do.

Bechtel opens mining innovation center in Chile

The new unit is in charge of developing new technologies that boost productivity, promote environmental sustainability and improve worker safety.

BP launches $3B sale of U.S. onshore assets to fund BHP deal – sources

The entire portfolio generates around $700 million in operating cashflow a year.

New ramp at BHP’s Olympic Dam doubles capacity

The Kalta decline is key to reaching the Southern mine area where BHP is mining high grade copper resources.