News Articles for BHP

BHP Billiton has reaffirmed its optimistic view on oil markets as it seeks to invest further in the sector amid a steady recovery in prices.

ANALYSIS: Nationals WA leader Brendon Grylls has attacked the debt reduction strategies of both the Liberal and Labor parties as unrealistic. However, he confirmed that, in the event of a hung parliament after the March 11 election, his party would only work with the Liberals to form a new government.

SPECIAL REPORT - MINING SERVICES: Higher commodity prices and investment to maintain iron ore volumes could help lift mining contractors out of the doldrums after several tough years. Click through to see this and links to four other feature stories.

Perth-based Monadelphous Group has received a number of contracts with multiple clients including Fortescue Metals Group, BHP Billiton and Chevron, with the work worth a combined $120 million.

Iron ore miner Fortescue Metals Group has joined larger rival BHP Billiton in forecasting a near-term moderation in iron ore prices, downplaying the rally that has helped it boost profits and lift shareholder payouts.

BHP Billiton has posted a first-half profit of $US3.2 billion ($A4.2 billion) as a rebound in prices for iron ore and petroleum helped the resources giant swing back to profitability.

BHP Billiton has extended its partnership with indigenous organisation Kanyirninpa Jukurrpa, following the announcement of a $14.7 million contribution to the Martu Ranger program over the next five years.

Perth Lord Mayor Lisa Scaffidi has admitted she didn't carefully fill in annual returns disclosing gifts and travel contributions, including BHP Billiton paying for her luxury accommodation and business class flights to the 2008 Beijing Olympics.

Premier Colin Barnett has criticised the mining industry over its prominent media campaign against Nationals leader Brendan Grylls and his proposed mining tax hike, on the first day of the election campaign.

Former BHP Billiton executive Julius Matthys has been appointed chairman of gold miner Doray Minerals, replacing Peter Lester who retired last month to focus on his other business interests.

Fortescue Metals Group looks set to achieve its full-year guidance after outlining steady iron ore shipments and further cost cuts in the December quarter.

OPINION: Expect Brendon Grylls to go hard at BHP Billiton and Rio Tinto over his tax plan ahead of the March state election.

More than $8 billion of greenfields iron ore projects are either proposed or in development, while $450 million of brownfields work is under way as the state's miners plan investments to maintain production.

BHP Billiton's iron ore production jumped 9 per cent during the December quarter with nickel production up by 18 per cent, helping the resources giant maintain its guidance for the full year.

Woodside Petroleum's impending move to its new offices has provided an unexpected visibility and branding boost, with the oil and gas company's logo appearing on two prominent Perth CBD skyscrapers.

Resolute Mining has become the second Western Australia-based mining company to appoint a female executive to one of its top jobs within the past week, with Lee-Anne de Bruin to take over as chief financial officer next month.

BHP Billiton has reached a near $1 billion deal with Brazil's federal prosecutor to settle a civil claim over the fatal disaster at its Samarco joint venture.

OPINION: The WA branch of Queenslander Pauline Hanson's protest party appears set to influence the state election.

The Rio Tinto Naturescape Kings Park facility will close next month to allow a $3 million expansion, which has been funded by the mining giant.

SPECIAL REPORT: The 2016 Business News person of the year talks about his upbringing, influences, company culture, cost cutting and innovation.

SPECIAL REPORT: Big businesses are employing an increasing share of the WA workforce, while the services-oriented economy maintains its growth, the latest BNiQ Biggest Employers survey has uncovered. Click through to see details on Western Australia's 170 largest employers.

BHP Billiton says production at its disaster-hit Samarco iron ore mine in Brazil could restart in 2017, but only if the joint venture project's $US3.8 billion of debt is restructured and new operating approvals are secured.

Kalgoorlie's gold and nickel sectors could benefit if Donald Trump follows through with some of his plans.

For evidence that success can sometimes damage a business we need look no further than the political games playing out ahead of next year's state election, with the very real chance Western Australia's biggest iron ore miners will be hit by a $5 per tonne penalty tax because they're too successful.

Global mining giants BHP Billiton and Brazil's Vale have offered new loans to their Brazilian joint venture, Samarco, as it assesses whether it can reopen the iron ore project where a dam disaster killed up to 19 people last year.

Global miner BHP Billiton says it has no clarity over the timing of a potential restart at its Samarco joint venture operation in Brazil, underlining the continuing uncertainty over the business that was hit by a fatal dam disaster last November.

ANALYSIS: Green shoots are popping up in WA as improved conditions for iron ore and gold, and strong prospects for the upcoming crop harvest, offer sources for optimism.

The performance of five of WA's major resources players provides a useful guide to the overall direction of the state economy.

The proposal from Nationals WA leader Brendon Grylls to increase the royalties paid by Rio Tinto and BHP Billiton is not as ‘out there' as it sounds. I say this not as a socialist, but as a capitalist who, as a resident of Western Australia, is an indirect part owner of the state's iron ore reserves.

Iron ore producers have maintained their dominance over the BNiQ Search Engine Biggest Exporters list, as LNG producers are slow to start up. Click through to see the annual list of the state's biggest exporting companies.

BHP Billiton chairman Jac Nasser has announced he will step down next year after more than 10 years on the board, on the same day the resources giant rejected charges by Brazilian prosecutors filed against the company and its employees in relation the Samarco dam disaster.

With a number of WA's biggest businesses relying on unmanned drones to reduce surveying and inspection costs, new schools are teaching drone pilots how to fly.

BHP Billiton has reaffirmed its full-year production guidance across all its segments, other than copper, as it sees early signs of a recovery in the commodities markets.

Rio Tinto has hit back at accusations by Nationals WA leader Brendon Grylls that large miners had failed to live up to their contractual obligations in state agreements with the government, after he stepped up his campaign to increase taxes on iron ore production today.

BHP Billiton expects renewable energy to grow at the higher end of expectations but says non-renewable fuels will remain the lowest cost sources in major energy markets for the foreseeable future.

Two different proposals from the Western Australian government to change the way Rio Tinto and BHP Billiton pay an iron ore charge is already damaging the state's reputation as an investment destination, a business lobby group says.

Perth leadership and strategy consultant Kia Dowell has become the first Australian to be selected for a global mentoring program she hopes will help propel her business to international markets.

Mining giants Rio Tinto and BHP Billiton say they have no intention of taking up the state government's offer to change how they pay the controversial iron ore lease rental that Nationals WA leader Brendon Grylls wants to hike.

South32 Australian chief operating officer Ricus Grimbeek has pointed to the company's share price performance against BHP Billiton to show that its assets shouldn't be considered poorer quality, speaking at a WA Mining Club lunch today.

The share market has closed at its highest level in a month after major oil producers surprisingly agreed to cut production, giving energy and resource stocks a boost.