BHP may reap gain of $9.5bn from petroleum merger with Woodside

Mining News Pro - Global miner BHP Group could reap a gain of $9.5 billion this year from the sale of its petroleum arm to Woodside Energy Group , Australian brokerage Barrenjoey said.

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.

BHP invests $79m in South America-focused Filo Mining

Mining News Pro - BHP, which has been expanding its copper footprint in the past, will invest C$100 million ($79m) in Canadian junior Filo Mining (TSX: FIL), which is developing a copper-gold-silver project straddling the border between Argentina and Chile.

BHP and Glencore New Records in Mining Commodities

Mining News Pro - Glencore is delivering US$4bn to shareholders while BHP is returning US$7.6bn in a record interim dividend as mining giants capitalise on commodities boom

BHP’s iron ore profits show why Beijing wants to talk the price down

Mining News Pro - Tucked away on page 38 of BHP Group’s 39-page presentation of its latest results is as good an explanation as any as to why China desperately wants to talk down the price of iron ore.

BHP first-half profits beats estimates and triggers talk of M&A

Mining News Pro - BHP Group announced a record dividend payout after reporting an estimate-beating first-half profits on Tuesday, helped by higher commodity prices, despite a cutback in demand from top metals consumer China.

BHP to cut emissions by 30% with first LNG-powered bulk carrier

Mining News Pro - BHP has taken a key step towards its goal of reaching net-zero by 2050 after receiving the first of five LNG-powered carriers to transport iron ore from Australia’s Port Hedland to Asia.

BHP, university researchers to explore four-dimensional controls on nickel mineral systems

Mining News Pro - BHP, the world’s largest mining company, has signed an agreement with researchers at the University of Leicester, the University of Western Australia and Macquarie University to identify new areas for the discovery of metals critical to the electric vehicle revolution.

Iron ore price jumps as Fortescue, BHP and Rio Tinto face labour shortage

Mining News Pro - The iron ore price jumped on Tuesday after Fortescue raised concerns over a labour shortage in Australia because of covid-19 curbs, which could hamper output and shipments.

BHP to delist from London exchange as unification approved

Mining News Pro - BHP (ASX: BHP), the world’s largest mining company, will stop trading on the London Stock Exchange next week after Australian and UK investors approved plans to simplify the group’s corporate structure and have its shares listed exclusively in Sydney.

BHP to delist from London exchange as unification approved

Mining News Pro - BHP (ASX: BHP), the world’s largest mining company, will stop trading on the London Stock Exchange next week after Australian and UK investors approved plans to simplify the group’s corporate structure and have its shares listed exclusively in Sydney.

BHP revives appetite for deals with biggest rivals in sights

Mining News Pro - After sitting dormant for more than a decade, BHP Group — once mining’s most aggressive dealmaker — is positioning itself for a return to large-scale M&A.

BHP posts 5% jump in second-quarter iron ore output

Mining News Pro - BHP Group on Wednesday reported a 5% rise in iron ore production for the second quarter, driven by strong performance at its Jimblebar mine and ramped up production at South Flank in Western Australia.

BHP to introduce electric trains at Pilbara mines

Mining News Pro - BHP is buying four battery electric trains to transport iron ore from its mines to ports in Western Australia, following in the footsteps of its main local rivals Rio Tinto and Fortescue Metals Group.

BHP joins the party on electric rail

Mining News Pro - BHP will add four battery-electric locomotives to its Western Australian rail network, becoming the fourth major miner to improve rail decarbonisation efforts in Australia since mid-December.

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