It may reduce the value of its 60% stake in the Samancor Manganese joint venture, as it keeps furnaces shut due to low prices for the commodity.
Inspections that took place between 2013 and 2014, revealed 16 infractions, nine of which were considered very serious.
Market valuation at lower end of expectations on worries over dearth of reserves. BHP stock falls 6%.
In this interview with The Gold Report, Moshevich discusses 11 gold, manganese and graphite companies with management teams that have the skills to ride the wave to create shareholder value.
The stock closed in Sydney below the $30 mark, which is the lowest it has traded in the last five years.
The world's largest miner has stepped up its cost-cutting plans as it battles a sharp slide in iron ore, coal and oil prices.
The country effectively halted all but processed metal shipments in January in an effort to force miners to build smelters.
The world’s largest miner is only two weeks away from shedding more light on an upcoming spin-off of unwanted assets.
The U.S. largest miner by market value and revenue is also dealing with a strike threat at its Indonesia's Grasberg copper and gold mine, which recently resumed operations.
The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.
Operations, however, won’t resume until at least Oct. 7.
Protesters are demanding management to review safety conditions following a fatal accident on Sept. 27.
30,000 tonnes of copper concentrate were sent out Monday.
New company would still have its primary listing in Australia, with secondary listings in South Africa and the UK.
Operations at the miner's Batu Hijau copper and gold mine to resume soon.
The division contributed just $746 million of the $21.12 billion earnings BHP reported for the 2013 financial year.
Speculation is of a new Perth-based company with current CFO Graham Kerr at the helm housing non-core assets including Australian lead-silver mine.
Indonesia's top copper miner hopes next month to ramp up production and restart concentrate shipments from Grasberg, one of the world's largest copper mines.
About $500 million of exports a month have been halted in Southeast Asia's biggest economy because of the minerals dispute.
The shipments, the first of their kind in six months, were allowed after Sebuku Iron Lateritic Ores (SILO) and Lumbung Mineral Sentosa agreed to pay the new 20% tax.
Authorities are is planning to send a letter to the Colorado-based miner saying that it has defaulted on its contract and, therefore, is “negligent."
As BHP considers the sale of almost all of the businesses that Billiton brought to the 2001 merger deal, experts say the firm is likely to end up leaving London.
The transaction would be worth over $2 billion.
Newmont, instead, was called to return to the negotiation table or face the consequences.
Sale of Candelaria mine could raise several billion dollars, according to people familiar with the matter quoted by WSJ.com.
The parts agreed on basic framework for contract renegotiations for Grasberg mine.
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