News Articles for BHP

Precast concrete manufacturer PERMAcast has recruited former Bis Industries boss Chris Berkefeld as its new chairman, following the retirement of founding director Grey Egerton-Warburton.

BHP Billiton has cut its iron ore production target for the second time this year, on account of lower expected output at its operations in the Pilbara.

John McGloin and Alex Davidson, who were formerly directors of Amara Mining, have been appointed as non executive directors of Perseus Mining.

A report into Perth Lord Mayor Lisa Scaffidi's travel scandal is in its final stages and will be released publicly, Local Government Minister Tony Simpson says.

SPECIAL REPORT: Tox Free Solutions has completed nearly 20 takeovers on its way to becoming a national player in the waste management sector.

Suppliers to Rio Tinto face more financial pain after the global mining giant said it would double its standard payment terms to 90 days – twice as long as the average Australian business takes to pay its bills.

A group of 30 Western Australian stocks selected by Business News has significantly outperformed the ASX200 in the March quarter, indicating stock investors are optimistic about the state's economic future.

ANALYSIS: WA potash hopefuls may have the backing of some high-profile local mining entrepreneurs, but startup costs and a worldwide product glut are major barriers.

Troubled steel and mining group Arrium has been placed in voluntary administration, following discussions with its lenders.

Special Report: The head of Japanese company Inpex's Australian operations says Australia remains a very attractive investment destination, and has suggested the company's Ichthys project could be expanded when conditions are right.

If money, careers and future investment in Western Australia were not being jeopardised, it would be amusing to watch some of Australian biggest companies adopt a management policy best described as ‘run and hide'.

Two high-profile reports from the commission have reaffirmed its role in upholding public accountability.

Any complacency on behalf of Australia's banks may be ratcheted down a notch as some concerning practices are investigated.

SPECIAL REPORT: There has been a major shift in business influence in WA amid waning international investment and, with two elections on the way, there is a prospect of even bigger changes in political influence. Click through to see our listing of WA's most infliential leaders in politics and business.

Perth's importance as a national business centre may have faded during recent months, but it's a different matter in the inner suburb of West Perth, where several small mining companies have sprung back to life.

Mining giant BHP Billiton has called for tax and workplace reforms in Australia, wading into the ongoing political debate ahead of the federal election later this year.

Perth-based Decmil Group has won a $30.6 million contract to build a warehouse hub in Port Hedland for a subsidiary of BHP Billiton.

Aurizon has sealed an eight-year extension to an existing coal haulage contract with mining giant BHP Billiton, giving the troubled freight rail operator some respite.

Daniel AshtonGravity Group – Boost Mobeel PerthOwner, directorDANIEL Ashton says he has always been entrepreneurial.

Kirsten Rose has been appointed as senior manager low emissions technology at BHP Billiton.

Blackburne managing director Paul Blackburne was last night named the 2016 Business News 40under40 First Amongst Equals, ahead of a talented and diverse field of candidates.

The consumer watchdog has sought further information from miner Fortescue Metals Group on its proposed tie-up with Brazilian iron ore giant Vale.

The recent BHP Billiton organisational restructure will drive productivity improvements without significant operational job losses, according to new BHP operations president of Australian minerals Mike Henry, although the company won't commit to a deadline for its targeted 290 million tonnes per annum iron ore run rate.

Smaller iron ore miners were the big winners today after the iron ore price surged overnight, whereas Fortescue Metals Group failed to sustain Monday's big gains despite announcing a joint venture and investment deal with Brazil's Vale.

BHP Billiton will axe almost 300 jobs from its Mount Arthur coal mine in the Hunter Valley in New South Wales.

Fortescue Metals Group and Brazilian competitor Vale are looking to reshape the iron ore market, announcing this morning plans for Vale to invest in FMG's mining operations and for the two companies to form a joint venture to sell blended ore into China.

BHP Billiton says it remains committed to maintaining its strong balance sheet through the commodities downturn, after ratings agency Moody's downgraded its rating for the global miner.

BHP Billiton has agreed to a settlement with Brazilian authorities over the Samarco dam disaster worth at least $US2.4 billion ($A3.15 billion)

BHP Billiton says it is not keen on boosting iron ore supplies in a weak market, signalling a change in its long-held position, as it shifts focus to maintaining financial discipline.

Some ill-advised business decisions are coming back to haunt some of well-known local resources players.

ANALYSIS: Rubbery figures and projections aside, WA's iron ore miners are breathing a little easier thanks to improving prices and a favourable exchange rate.

Mining group South32 plans to cut 390 jobs at its Worlsey Alumina operation in Western Australia's South West, as part of a global cost-cutting drive following its $US1.7 billion ($A2.4 billion) loss for the half year to December.

Local waste management company Tox Free Solutions has won a new contract for work at BHP Billiton's Olympic Dam mine in South Australia, along with an extension for ongoing work at Chevron's Western Australian assets, for an undisclosed sum.

BHP Billiton has responded to its mammoth interim loss and the prospect of a prolonged downturn by slashing its dividend and adopting a new management structure that leaves Western Australia without a representative in the company's leadership group.

Ardiden has appointed Bradley Boyle as executive director and Michael Stares as general manager – Canadian operations. Mr Boyle was formerly a managing director of Triton Minerals.

Two articles in Business News (February 2016) may have left readers with a view the progress on Rottnest has stalled. This is far from the case.

Southern Cross Electrical Engineering says it has won $20 million in new contracts and extensions since the start of the year, including a contract for work at BHP Billiton's Jimblebar iron ore mine in the Pilbara.

It's likely more nickel operations will need to be closed before there's any improvement in prices for the steel-making commodity.

The technology bubble that has inflated share prices around the world hasn't burst, but it has certainly lost a lot of air and credibility.

Mining giant BHP Billiton can defend its credit rating by scrapping its controversial progressive dividend policy, ratings agency Standard and Poor's says.