BHP Mining News

BHP gets green light to develop nickel mine in Western Australia

Using more nickel cuts costs by reducing the amount of expensive cobalt, a mainstay of current battery technology.

Strike briefly shuts down operations at BHP’s Spence mine in Chile

Move followed the dismissal of 49 workers and eight supervisors, union President Ronald Salcedo said.

BHP unveils world-class copper find near Olympic Dam in South Australia

It is already being called by some experts “the thickest high-grade copper intersection seen in years.”

SolGold CEO excited by prospects for Ecuadorian copper-gold

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 officially drops 'Billiton' from name

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 to spike in world’s top producer Chile

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.

BHP to pay $390m to settle tax bill dispute over Singapore business

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 blames driver error, brake problem for runaway train wreck

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.

Second Australian iron-ore train derailed in less than a week

Thirty empty ore wagons ran off the tracks in the southern part of Western Australia on Sunday.

BHP to meet iron ore commitments despite train derailment – CEO

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.

BHP secures exploration license for two oil blocks off eastern Canada

$625 million covers the drilling and seismic work required by the project over a six year term - BHP

Copper, gold mines now likely cheaper to construct than to buy-research

Results suggest that exploration and building remains the riskier but potentially more cost-effective alternative

BHP suspends Western Australia rail operations after runaway train incident

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 to return $10.4 billion in buyback, special dividend bonanza

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.

BHP announces $5.2B share buyback, keeps promise to return US Onshore asset sale proceeds

The world's biggest miner promised in July to return the $10.5 billion in sale proceeds to shareholders.

Are miners on the path to sustainable profit?

Companies need to manage the cost of failure, not the rate of failure.

BHP, top miners are starting to drive EV's deep underground

The deeper the mine, then the bigger the savings.

BHP cuts China, US growth forecasts on trade tensions

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.

China's winter pollution cuts may boost high-grade iron ore

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.

Rising iron ore prices seem to defy economics

China’s switch from industrial-led to consumption-led growth seems to be showing up everywhere except the production numbers of iron-ore miners.

World's top miner embracing the boom in electric car batteries

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.

BHP says it has seen no material impact from trade tensions

Though we have not seen a material impact on our business, we remain cautious in the near term

BHP’s 1st quarter iron ore output jumps 8%, cuts copper guidance

BHP's iron ore output rose to 69 million tonnes during the three months ended Sept. 30.

BHP raises stake in promising Ecuador copper project

BHP has agreed to pay 45 pence per SolGold share.

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.