BHP says copper strategy does not depend on M&A after OZ Minerals snub

Mining News Pro - BHP Group’s plans to grow its copper business are not dependent on acquisitions, the global miner’s chief executive told shareholders on Thursday, after the rebuff of its bid to take over a smaller Australian copper and nickel firm.

BHP urged to step up climate advocacy by shareholder activists

Mining News Pro - Australian mining giant BHP Group should “proactively advocate” for stronger climate policy, according to a new shareholder resolution lodged by an activist investor group.

BHP sees copper market “take-off” by mid-2020s “if not earlier”

Mining News Pro - After falling to 20-month lows in July, copper fought its way back to the $8,000 a tonne last week on hopes the worst of the slowdown in China was over. But now the bellwether metal is flirting with a bear market again — with a nearly 20% decline so far in 2022.

BHP hits profit record and sees demand healing in China

Mining News Pro - BHP Group, the world’s biggest miner, posted its highest ever full-year profit on record commodity prices, and will push ahead with growth options on a stronger demand outlook in China.

A Record Breaking Week For BHP and some Other Mining Companies

Mining News Pro - Rival miners have cautioned over a weaker outlook and Rio Tinto Group last month reported a decline in first-half profits and halved its dividend.

BHP, Pan Pacific Copper and Norsepower partner to reduce emissions on shipping routes

Mining News Pro - BHP has partnered with Pan Pacific Copper – a member of JX Nippon Mining & Metals group, and Norsepower – a global provider of auxiliary wind propulsion systems, to reduce greenhouse gas emissions from maritime transportation between BHP’s mines in Chile and PPC’s smelters in Japan.

BHP to boost nickel exploration spending amid EV boom

Mining News Pro - BHP Group will increase its spending on nickel exploration over the next two years to meet growing demand for the raw material used in making electric vehicle batteries, the chief of its nickel operations said on Wednesday.

BHP to speed up $5.7 billion Jansen potash mine

Mining News Pro - BHP is seeking to accelerate construction at its $5.7 billion Jansen potash project in Canada as high gas prices and sanctions on key exporters continue to disrupt global supplies of fertilizers.

Miner BHP may reconsider investments in Chile if tax hikes go forward

Mining News Pro - Global miner BHP Billiton is likely to reconsider its investment plans in Chile, the world’s No. 1 copper producer, if the government moves ahead with mining tax hikes, according to a report on Sunday.

Law firm behind $7 billion BHP suit gets more cash for ESG cases

Mining News Pro - A law firm bringing a $7 billion suit against BHP Group Ltd. over its role in the deadly collapse of a Brazilian mining dam has secured £100 million in extra funding to fight more such ESG cases.

BHP enters commercial agreement to adopt MineHub blockchain platform in operations

Mining News Pro - MineHub Technologies announced Tuesday that it has entered into a commercial agreement with the world’s largest miner, BHP (NYSE: BHP), under which BHP will subscribe to the MineHub platform and enterprise applications as a customer.

Canada to invest millions to cut emissions at BHP potash mine

Mining News Pro - Canada will announce a multi-million dollar investment on Monday to make the Jansen potash mine run by the globe’s largest listed miner, BHP Group, “the cleanest and most sustainable in the world,” a government source said on Sunday.

BHP tests world-first automated shiploaders in the Pilbara

Mining News Pro - The world’s biggest miner, BHP (NYSE: BHP), this week began testing two new automated shiploaders at its Port Hedland export facility in Western Australia’s Pilbara.

Foraco wins $60m deep directional drilling contract with BHP Olympic Dam

Mining News Pro - Foraco International, a leading global provider of mineral and water drilling services, has been awarded a major contract with BHP Olympic Dam.

Woodside shareholders back BHP petroleum merger

Mining News Pro - Woodside Petroleum’s shareholders have almost unanimously backed a merger with BHP’s petroleum division, cementing the world’s top miner’s exit from the oil and gas industry amid increasing global pressure to curb emissions.

BHP to speed up Jansen potash mine as Ukraine war weighs on supplies

Mining News Pro - BHP’s chief executive Mike Henry wants to gear up on the company’s $5.7 billion Jansen potash project in Canada as Russia’s invasion of Ukraine has caused major disruptions to global fertilizer supplies.

BHP targets Chile expansion under ‘right conditions,’ says CEO

Mining News Pro - Global mining giant BHP Group is keen to expand operations in Chile, the world’s top copper producer, under “appropriate conditions,” Chief Executive Officer Mike Henry said on Thursday.

BHP vows to stay out of lithium rush with shortages set to fade

Mining News Pro - Among elevated metal prices, lithium stands out, as booming electric-vehicle sales send the battery component skyrocketing. Conspicuously, the world’s biggest mining company has no plans to join the rush.

Canada nickel bid is 'tip of iceberg' of BHP growth ambition

Mining News Pro - BHP Group’s unsuccessful attempt to buy a junior Canadian nickel miner last year should be seen as “almost the tip of the iceberg” for its ambitions in the resource-rich country, says one of the company’s top executives.

BHP, Evolution remain upbeat despite COVID challenges

Mining News Pro - BHP and Evolution Mining have managed respective hurdles with inclement weather and COVID during the March quarter, but full-year targets remain largely optimistic.

China Minmetals, Zijin, BHP complete copper concentrate trade on MineHub platform

Mining News Pro - MineHub Technologies (TSXV: MHUB), developer of cost-savings solutions for mining companies, has announced that metals industry leaders China Minmetals, Zijin Mining and resources company BHP have concluded a two-step transaction on the company’s blockchain-based platform.

Chile regulator fines BHP’s Escondida mine for damage in Salar de Atacama

Mining News Pro - Chile’s environmental regulator said on Thursday it had fined Escondida mine, controlled by company BHP, $8.2 million for damage caused by water extraction in the Salar de Atacama salt flat.

Inflation, volatility from Ukraine war to have impact, says BHP CEO

Mining News Pro - Volatile commodity prices are having a “dramatic” impact on businesses, BHP Group CEO Mike Henry said on Tuesday, flagging inflationary concerns following Russia’s war on Ukraine.

Stanmore Resources to raise $506 million for BHP Mitsui Coal stake buy

Mining News Pro - Coal explorer Stanmore Resources said on Thursday it would raise about A$694 million ($506.06 million) to fund the acquisition of an 80% stake in BHP Mitsui Coal (BMC), a joint venture in Queensland, from global miner BHP Group.

BHP, Capricorn back startup promising cleaner lithium mining

Mining News Pro - Capricorn Investment Group and BHP Group’s venture capital unit are backing a startup that says its processes make for cleaner and more efficient mining in lithium, the metal used in electric-vehicle batteries.

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