News Articles for BHP

BHP Group has identified a new copper find near its Olympic Dam operations in South Australia, as speculation continues that Rio Tinto has also made a big copper discovery, in the Pilbara.

SPG Law, a British offshoot of a US litigator, represents 240,000 individuals in Brazil, 24 municipal governments, a Roman Catholic Archdiocese and members of the Krenak indigenous community, and has filed three legal claims for unlimited damages over the failure of the Fundao dam in 2015.

ANNIVERSARY SPECIAL: Via a mix of good fortune and planning, WA has positioned itself as supplier to the fast-growing economies of Asia rather than a competitor. This article is part of a special series to mark Business News' 25-year anniversary.

BHP Billiton has reached a settlement with the Australian Taxation Office (ATO) relating to their long-running dispute over the miner's part-owned marketing hub in Singapore.

ANNIVERSARY SPECIAL: WA's mining industry has undergone a dramatic transformation over the past quarter of a century, with iron ore replacing gold as the state's most valuable commodity.

BHP Billiton has disclosed that the driver of last week's runaway iron ore train failed to engage the emergency air brake after getting out to check on a problem with another part of the braking system.

Explosives manufacturer Incitec Pivot has reported a 34.8 per cent fall in profit for the year to September, including a $7 million hit from lost business in Western Australia.

ANNIVERSARY SPECIAL: The growth in household disposable income provides a graphic illustration of the effect of 25 years of technological change and investment in WA. This article is part of a special series to mark Business News' 25-year anniversary.

Mineral Resources has confirmed that about 30 empty iron ore wagons were derailed on a return train trip to the company's Koolyanobbing mine near Southern Cross on Sunday.

BHP Billiton says the wreckage from its derailed iron ore train has been cleared and the miner is confident of resuming rail operations early next week.

BHP Billiton disclosed today that its iron ore stockpiles at Port Hedland will not be sufficient to cover the supply disruption caused by this week's train derailment.

BHP Billiton's rail operations in the Pilbara are expected to be out of action for a week after a runaway train laden with iron ore travelled 92 kilometres with no-one on board before it was deliberately derailed.

A runaway train loaded with iron ore travelled with no-one on board for 92 kilometres in Western Australia's Pilbara region before it was deliberately derailed.

BHP shares have jumped more than 4 per cent after the mining giant said it would return $US10.4 billion ($A14.7 billion) to shareholders in the form of an off-market buyback and special dividend.

Indigenous contractor Gumala Enterprises has secured a series of new contracts, including with iron ore miners Rio Tinto and BHP Billiton, worth a combined $15 million.

Gas is flowing at Woodside Petroleum's Greater Western Flank-2 project, an extension of the North West Shelf Venture, with the company saying costs came in 30 per cent under budget.

A series of coding workshops run by Perth{web}Girls has attracted a high level of interest from women in Perth, with nearly 700 registrations for upcoming events.

The Channel 7 Telethon Trust achieved another fundraising record over the weekend, raising $38 million for medical research, but its success has not been shared across the charity sector, with Variety WA's Carols by Candlelight the latest of several events to be cancelled due to a lack of financial support.

SPECIAL REPORT: Acquisitions and pricing discounts are shaking up the rankings of WA's main iron ore exporters.

SPECIAL REPORT: Gold Corporation, Alcoa, Roy Hill and Chevron have all posted higher revenue numbers in Business News' annual analysis of WA's biggest exporters.

BHP says its first-quarter iron ore production has risen eight per cent on strong Chinese demand for high-grade ore, while nickel output fell due to a fire at Nickel West's smelter in Kalgoorlie.

NRW Holdings has announced a series of contracts worth about $92 million, including an extension at Talison Lithium's Greenbushes mine and work at BHP Billiton's South Flank project.

The Australian share market has plunged at the open, with every sector deep in the red following Wall Street's overnight tumble.

Stan Perron and Michela Fini won individual awards at the second annual State Arts and Culture Partnership Honours announced last night.

The Chamber of Minerals and Energy of WA has appointed Edgar Basto as its acting president following the departure of Woodside executive and CME president Jeroen Buren.

Engineering companies Monadelphous Group and Downer EDI have announced separate maintenance contracts with iron ore miner BHP Billiton.

Rio Tinto and its joint venture partners have given the green light to invest $2.1 billion across two iron ore projects that will employ 1,200 people in the Pilbara.

ASX-listed Volt Power Group has suffered a major setback after BHP suspended its long-runing service relationship with wholly-owned subsidiary Wescone Distribution, less than a year after Volt bought Wescone.

Iron ore shipments to China from Port Hedland rose nearly 10 per cent in August from a month earlier.

Mining giant BHP has posted a 37 per cent drop in full-year year net profit after taking heavy writedowns on its US shale assets, while iron ore production lifted slightly to 275 million tonnes.

Australia's most generous corporate donors have been named in the inaugural GivingLarge report, with Wesfarmers and CSL receiving top billing.

A new artificial reef sunk in the Exmouth Gulf this week is expected to add significant value to marine research and recreational fishing opportunities in the waterway.

Nearly 140 major projects are either under way or planned for WA, new research by Business News has found. Click through to access the new list on the BNiQ Search Engine.

Curtin University has received $10.3 million in funding as part of the latest round of grants from the federal government's Australian Research Council, with the University of Western Australia awarded $6.6 million.

SPECIAL REPORT: With shipments at Shell's Prelude FLNG facility still to get under way, one Perth businessman is hoping to reignite use of the technology for stranded gas fields.

BHP shareholders are set for a windfall after the global miner agreed to sell its onshore US oil and gas assets for $US10.8 billion ($A14.6 billion).

Lower company tax rates and changes to power pricing are among possible moves that would support the state's economic development, according to local academic Peter Hartley.

NRW Holdings has joined the likes of Clough, Decmil and CPB in securing work at BHP Billiton's $4.6 billion South Flank iron ore project in the Pilbara, after announcing a $176 million contract to complete earthworks at the site.

BHP Billiton's iron ore production rose 3 per cent in the fourth quarter ended June 30 as productivity improved, cementing a record annual output as it set a bigger target for the current year.

Pilbara Ports Authority has reported a record annual throughput for the 2018 financial year, with nearly 700 million tonnes of cargo passing over its docks, on the back of an uptick in activity at Port Hedland.