BHP Mining News

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.

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.