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 Mining News
$625 million covers the drilling and seismic work required by the project over a six year term - BHP
Results suggest that exploration and building remains the riskier but potentially more cost-effective alternative
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 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.
The world's biggest miner promised in July to return the $10.5 billion in sale proceeds to shareholders.
Companies need to manage the cost of failure, not the rate of failure.
The deeper the mine, then the bigger the savings.
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.
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.
China’s switch from industrial-led to consumption-led growth seems to be showing up everywhere except the production numbers of iron-ore miners.
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.
Though we have not seen a material impact on our business, we remain cautious in the near term
BHP's iron ore output rose to 69 million tonnes during the three months ended Sept. 30.
BHP has agreed to pay 45 pence per SolGold share.
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.
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 has analysed the impact of China's Belt and Road Initiative (BRI), a network of overseas construction projects, on commodity demand.
The definitive agreement comes almost three years after the incident, which killed 19 people and became the country’s worst ever environmental disaster.
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.
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.
Miner will ask shareholders at the annual meeting in October to vote to rename the company in an effort to emphasize its Australian roots.
In just five years, Anglo assembled marketing operations that now sell more metals than the company produces.
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.
The risk of blackouts in Australia's upcoming summer has grown from last year as ageing coal-fired power plants have become less reliable.