May 6, 2015

South32 gets going after BHP investors strong support, sees M&A opportunities

BHP Billiton shareholders have overwhelmingly voted in favour of the South32 demerger, a spin off that creates Australia’s third-largest mining company.

May 4, 2015

Workers end two-week long strike at BHP’s nickel mine in Colombia

It's estimated that the labour action generated about US$26 million in losses, forcing BHP to declare force majeure last week.

April 7, 2015

New battery charges a cellphone in one minute

Stanford discovery of an ultrafast, flexible, rechargeable aluminium-graphite ion battery could open up major new demand for graphite, bauxite miners.

March 24, 2015

Rio Tinto, Alcoa step aside for Australia’s largest national park

They'll hand back more than 175,000 hectares of prime conservation land they have held since 1971 to West Australia, ditching plans to build a bauxite mine and an alumina refinery…

March 23, 2015

South Africa woes cast doubt on BHP spin-off success

There are a number of challenges South32 is likely to face, including potential Black Economic Empowerment ownership concessions and power price hikes.

February 24, 2015

BHP pins hopes on spin-off South32

In the second half of 2014 the businesses bound for South32 generated $5bn worth of revenue and almost $890m of earnings before interest and tax.

December 21, 2014

Birla said to plan $1bn aluminum exports

Hindalco Industries Ltd., owned by Indian billionaire Kumar Mangalam Birla, is targeting a record $1 billion of aluminum exports by March 31 buoyed by rising U.S. and European demand, people…

December 8, 2014

BHP Billiton spin-off named South32

The waiting game is over. BHP Billiton has named its Perth-based spin-off company, appointing Graham Kerr as its chief executive.

December 1, 2014

New low in oil prices drags BHP Billiton stock below 2009 levels

The stock closed in Sydney below the $30 mark, which is the lowest it has traded in the last five years.

November 28, 2014

Rio Tinto cuts spending, defers capex, keeps dividend

The mining giant said it was committed to giving significantly more money back to shareholders in 2015 despite a severe drop in iron ore prices.