BHP Mining News

BHP cuts ribbon at its $3.6bn Jimblebar iron ore mine expansion

The mine has an initial annual production capacity of 35 million tonnes and is a key part of BHP's plans to lift capacity from its Pilbara operations to 220 million tonnes a year.

Brazil’s iron miners risk losing market share to Australian competitors

Brazil's mining sector is expected to see slower average growth rates through 2018 compared with previous years, a report by Business Monitor shows.

Rio Tinto iron ore output hit by bad weather in Australia, Canada

Production of the steel-making material, however, increased by 16%, which means the miner is on track to meet its full-year target.

BHP going after PotashCorp again: report

Speculation is mounting as the industry has shifted enough to make a buyout attractive.

BHP wants to build world’s largest underground coal mine

But it is planning to do so at the fertile Liverpool Plains, an extensive agricultural area, which is predictably raising opposition from locals.

BHP's Illawarra Coal cuts 36 jobs

About 36 contractor and head office positions on the line.

BHP bullish on coal demand, but says prices to remain weak

The mining giant believes demand for coal to keep growing over the next 20 years, driven mainly by China and India.

BHP Billiton mulls spinning off non-core divisions into $18bn firm

The separate company would be listed on the London Stock Exchange, as well as the Australian and South African markets.

Rio Tinto, Russians to begin work at massive Canadian potash deposit by 2017

KP405 is said to have enough of the fertilizer ingredient to sustain a mine for decades.

Rio Tinto sitting on vast Canadian potash deposit near BHP mine

Rio's partner in the project claims there is the potential for a long-life, low-cost mine.

BHP’s Mackenzie vows ‘substantial’ cash returns to shareholders by June

The only stumbling block is the firm's $27bn net debt, which BHP expects to drop below $25bn in three months, removing the final hurdle.

Shale gas revolution unlikely to go global any time soon: BHP’s MacKenzie

The world’s No.1 mining company's CEO believes coal will remain the main source of affordable energy for growing economies.

BHP posts record iron ore, coal outputs, but challenges persist

Despite record production figures, the world’s no.1 miner's shares dropped in the ASX today.

Glencore Xstrata raises stake in Africa's copper belt

The miner and commodities trading giant acquired an additional 14.5% interest in Mutanda, a copper mine in the province of Katanga, Congo.

BHP shuts Perseverance nickel mine on safety worries

200 jobs will be cut.

BHP Billiton cuts spending by 25%

Chief Andrew Mackenzie highlighted he will base future decisions on BHP's "four key pillars": coal, iron ore, petroleum and copper.

BHP’s Jimblebar iron ore mine opening cancelled due to airport closure

Company not sure whether to reschedule an official opening event at this point.

BHP, Rio to inject $10bn in Australia’s iron ore sector

Signs of recovery in the resource industry.

Desperate indigenous group brings BHP's Cerro Matoso to a halt

"People don't have anywhere to live, and they also are getting cancer from the mining operation."

BHP opens coal mine in Queensland despite market challenges

Prices for the fuel used to make steel have been hurting because of low demand and oversupply from rivals.

Imminent strikes to hit world’s largest copper producers

Chile's Codelco and BHP’s Escondida mine face labour conflicts.

BHP’s former coal and iron ore divisions head retires in September

Marcus Randolph is the American who Andrew Mackenzie beat to become BHP Billiton CEO.

BHP Mackenzie tightens senior executives’ belts: cuts bonuses, gives up shares

He won't be getting his full sign-on award shares worth US$1.5 million.

Giant miners hit 30-year lows

Mining stocks took a dip on Tuesday, as major companies such as Glencore Xstrata and BHP Billiton reported losses and massive writedowns.

BHP goes for it: $2.6bn in Canada's Jansen potash project

Today's announcement takes BHP’s total commitment to Jansen to about $3.8 billion.