BHP strikes deal to look for copper in Serbia

Mining News Pro - BHP Group struck a deal to look for copper in Serbia as the world’s biggest mining company expands efforts to find new deposits of the metal essential for the green revolution.

BHP expects China to underpin commodities demand in 2023

Mining News Pro - China is set to be a stabilizing force for commodities demand this year as developed nations face economic headwinds, BHP Group Ltd said on Thursday as it posted higher quarterly iron ore shipments that edged past expectations.

BHP says Vale must share damage costs in Fundao dam collapse lawsuit

Mining News Pro - Although Samarco, a joint venture between BHP and Vale, operated the dam, the class action involving around 200,000 people does not name Vale.

BHP averts strike at world’s biggest copper mine

Mining News Pro - The deal, which was subject to vote, came after days of negotiations with union representatives, who had called for a strike on November 21 and 23 due to multiple “non-compliances, infractions and violations” allegedly committed by BHP.

BHP tries to avert strike at Escondida copper mine in Chile

Mining News Pro - The deal with Sindicato 1, which represents more than 2,000 workers, must still be approved by members of the union, which have been called to vote on it Monday.

OZ Minerals backs BHP’s improved $6.5 billion offer

Mining News Pro - In what could be the largest mining deal in Australia in 11 years, BHP made a new cash offer of A$28.25 per share on Friday that was 13% higher than a A$25 per share proposal rejected in early August as “opportunistic” and undervalued.

BHP lifts steel consumption forecast on surging demand from renewable power farms

Mining News Pro - BHP Group Ltd lifted its long-term demand forecast for steel as a global shift towards the decarbonization of power generation will boost requirement of the commodity, the world’s largest listed miner said on Monday.

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.

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