News Articles for BHP

Rio Tinto's decision to shelve development plans for its $US20 billion Simandou iron ore project in Guinea could risk the project falling into the hands of a Chinese competitor.

Local contractor Pindan has won the tender for construction of the new $70.7 million marine control tower in Port Hedland, which is one of four major projects worth nearly $800 million at the port.

SPECIAL REPORT: Indigenous contractors are revising their business plans and moving into new sectors as the mining construction boom has waned.

Two new directors have been appointed to Perth Markets, with Frank Romano replacing his former colleague Nick Tana on the board.

BHP Billiton will appeal against the decision by a Brazilian court to reinstate a $8.4 billion public civil claim over last year's deadly Samarco mine disaster.

Kwinana's future as an important centre of value-added mineral processing is being threatened by a potential double closure of major projects – the BHP Billiton-run nickel refinery and the Alcoa of Australia-operated alumina refinery.

BHP Billiton will focus on copper and oil as it boosts exploration spending in the coming financial year despite cutting its total capital expenditure.

The Australian dollar gold price hit an all-time record of $1,826 an ounce today after Britain elected to leave the European Union, with shares in local gold miners rallying strongly even though the broader stock market tumbled more than 3 per cent.

Rio Tinto has announced a new executive team in a major reorganisation that will include iron ore boss and one-time CEO hopeful, Andrew Harding, leaving the mining giant.

BHP Billiton is looking for $800 million in new savings from its coal operations as the global miner maintains an optimistic outlook for the coal business.

As WA's last mega mining project swings into operations mode, there's more pain ahead for employment and investment numbers.

The internet's disruptive role is different when it comes to heavy industry.

Tipping future residential property prices is tricky, but in Western Australia there is a potential technique that is so obvious it's a surprise no-one has used it before – linking property to the state's biggest industry, resources.

It's the end of the beginning for what had been Western Australia's only remaining major iron ore project under construction, Citic Pacific's Sino Iron, according to chief executive Chen Zeng, as the final two of six magnetite ore processing lines enter production.

The Chamber of Minerals and Energy of Western Australia has partnered with some of the state's biggest resources players to launch a pilot training framework to improve safety in the workplace.

BHP Billiton shares have fallen after Brazilian police completed their criminal investigation into last year's deadly dam burst at a mine co-owned by the Australian giant.

BHP Billiton has agreed to sell its majority stake in the IndoMet coal project in Indonesia to its local joint venture partner, Adaro Energy.

The clock is ticking for the leaders of some of WA's biggest businesses, beset by low growth and a sluggish outlook.

Chevron Australia has become the latest resources giant to put its name on a public attraction, with the state government announcing the company will fund a parkland within the new Perth Stadium precinct.

ANALYSIS: WA's resources-focused business community is eagerly awaiting the next round of figures for iron ore production costs.

Small and medium-sized businesses are settling their invoices about 12 faster than large corporations on average, a report by Dun & Bradstreet has found.

Does BHP Billiton really want to expand its loss-making Nickel West division, or is it engaging in a strange game of promoting an expansion plan of the Western Australian business in order to restart the sales process that collapsed last year?

Fortescue Metals Group has broken BHP Billiton's monopoly on tug services at Port Hedland, after being named the successful bidder for a second towage licence at what is the world's biggest bulk export port.

Mining group South32 has made about 270 roles redundant across its Australian and South African offices, on top of more than 1,000 job cuts earlier this year.

SPECIAL REPORT: Activ Foundation and the Royal Flying Doctor Service are Western Australia's two largest not-for-profit charities, yet they have very different approaches to philanthropy and fundraising.

A Perth-based fintech startup has been named one of the top finalists in Silicon Valley Forum's World Cup Tech Challenge, while the winners of a hackathon hosted by BHP Billiton and Unearthed have been revealed.

A Subiaco-based asset management technology company is seeking an ASX listing through the reverse takeover and backdoor listing of Power Resources.

Treasurer Mike Nahan hopes to raise $16 billion from an expanded asset sales program, with Western Power and Horizon Power's Pilbara transmission lines now targeted but two other assets unexpectedly removed from the government's sell-off list.

BHP Billiton boss Andrew Mackenzie is confident that the resources behemoth can boost its value by more than 70 per cent, even without a significant recovery in commodity prices.

Perth Lord Mayor Lisa Scaffidi could face proceedings in the State Administrative Tribunal after a report tabled in parliament alleged that she failed to declare travel and gifts up to 45 times over seven years.

SPECIAL REPORT: There's no doubt the boom has come to an end, but plenty of opportunities and projects remain in play.

BHP Billiton shares have stemmed their slide after Brazil's federal court ratified a settlement reached with the country's authorities over a deadly dam spill.

Chevron is the latest major resources player in the state to announce a change in leadership, after selecting a successor to current managing director (Australia) Roy Krzywosinski, who will hand over the reins in June.

BHP Billiton is facing a near 20-fold increase in compensation Brazilian authorities want for last year's deadly Samarco mine disaster.

The federal budget has vastly boosted the government's firepower against multinational tax avoidance as it looks to ramp up revenues to fund tax cut promises.

How do you budget for an iron ore boom that no-one believes will survive more than a few months?

Perth-based Braziron has announced plans to delist from the ASX and leave the resources industry through the reverse takeover of a private road safety barriers business in a deal worth $6.3 million.

South Australia has become a major growth driver for Perth-based IT company Velrada, which is enjoying a period of rapid expansion.

BHP Billiton spinoff South 32 has cut third quarter production at several businesses but remains on track to meet its full-year guidance across all its units.

Global miner BHP Billiton does not expect the current revival in iron ore prices, to a 10-month high of $US64.77 per tonne last night, to last long.