News Articles for BHP

BHP's iron ore boss has called for greater collaboration to build an interconnected Pilbara energy grid to help the region's industry heavyweights decarbonise.

ASX-listed K2fly's cloud-based software solution that audits mineral inventories has attracted as new customer, with Canadian company Lundin Mining committing to a new three-year, $661,000 agreement. The deal – which has an annual recurring revenue value of $180,000 – will provide Lundin with a total mineral resource governance solution to be delivered at the corporate level, covering all of the company's material reporting sites.

Koolan Island iron ore mine is a celebrated part of WA's mining history but plans for its rehabilitation and the island's future are well under way.

Mining software provider K2fly's shares hiked 85 per cent today after revelations emerged that the company is set to be taken over by globally-renowned, technology-focused investment firm Accel-KKR. Under the binding scheme implementation deed signed by the two companies, K2fly shareholders will be entitled to receive 19c per share – representing a massive 90 per cent premium on the company's previous closing price of 10c.

A notorious Pilbara pub, which has been for sale on-and-off for more than a decade, will shut its doors by the end of the month.

Middle Island Resources has secured the maximum $300,000 grant from the NT Government, which the company says is an endorsement of the significant targets at its Barkly copper-gold “super-project” in the Top End. The co-funded payment will enable the first-round testing of a spread of iron oxide-copper-gold targets at its Georgina project and one deep diamond-hole at its Bedrock prospect within the Barkly ground.

BHP will not be making a firm offer for Anglo American, saying its target had refused to provide key information that it required.

UPDATED: Anglo American has rejected BHP's request for extra time to finalise a takeover bid, saying BHP's latest proposal did not address high complexity and risk.

Iron ore rivals Rio Tinto and BHP will partner up on the development of battery-electric haul trucks in the Pilbara, while Fortescue is pushing along with its hydrogen haulage ambitions.

In this podcast, Mark Beyer and Mark Pownall discuss Forrest property buy; resource conferences; BHP; Anglo-American; Carolyn Turnbull's new job; Feral Brewing's new owner; and preview the next magazine.

New financial reports show a handful of Aboriginal groups gaining more income from mining royalties but others going backwards, while the sector as a whole remains the poor cousin.

Anglo American has rejected a third takeover proposal from BHP but left open the possibility of a deal by agreeing to a one-week extension to the bid deadline.

Shares in West Perth-based Kingrose Mining rose 21 per cent on Wednesday morning, following news that the company had signed multiple alliance exploration licences with global resources powerhouse, BHP.

Resources heavyweight BHP has backed two organisations in the Pilbara, one to support people experiencing family and domestic violence and another aiding health outcomes of Indigenous children.

Government intervention in housing and energy spheres speaks as much to the lack of investor interest as it does political overreach.

CIMIC Group subsidiaries Sedgman and CPB Contractors have won a $757 million contract from BHP.

BHP has submitted a sweetened takeover proposal to Anglo American, valuing the rival miner at nearly $64 billion, but it has again been rebuffed.

Project closures and scale backs in early 2024 presented a stark contrast to the recent era of project delivery in WA.

Mining software provider K2fly has recorded a remarkable 15 straight quarters of annual recurring revenue (ARR) growth, which it says has been driven by contract renewals from two major clients. According to its March quarterly report, the company delivered an ARR of $8.3 million in the first three months of the calendar year, representing a 19 per cent increase compared to the previous corresponding period.

UPDATED: BHP has confirmed mega-merger talks with UK-listed Anglo American, but a potential $60 billion deal which would build the world's biggest copper miner has been rejected by its target.

BHP has set a timeline for a review into its troubled Nickel West operations, as the company navigates a depressed market for its product.

Strickland Metals has entered the lucrative Serbian gold game after acquiring the Rogozna project that already boasts a whopping resource of 5.44 million JORC-compliant ounces of gold equivalent. The company says advanced exploration targets at Rogozna offer near-term growth, with diamond drilling outside of the existing resource going as high as a staggering 352m at 2.1 grams per tonne gold equivalent from 240m.

Our board moves wrap includes Michael McCormack, Don Lindsay, Ian Cockerill, Jeremy King, Mark Hohnen, Robert Black, Gavin Ryan, William Foster, Geoff Newman, Matt Freedman, Mark Connelly, Suzie Foreman, Jon McLoughlin, Nicole Duncan, Peter Sullivan, Rebecca Hayward, Gillian Swaby, Nick Cernotta, Susan Park, Mark Bolton, and Robert Klug.

The partnership between BHP and the Department of Education will continue for a further 12 months, with millions of dollars committed to extend a program in the Pilbara.

The next three weeks will be crucial to iron ore's fortunes as cash-strapped Chinese steel mills grapple with tight profit margins and a contracting domestic property sector.

BHP has reportedly stood down part of a contract workforce at its Kalgoorlie nickel smelter, a month after it delayed plans to build a camp to support more than 1,000 workers at the project.

Some of Australia's largest companies will implement new Aboriginal heritage protection measures which would grant Traditional Owners powerful rights of consent over Country.

BHP has "demobilised" part of the contract workforce at its remote West Musgrave nickel-copper development project, reducing onsite jobs by around a quarter.

An Aboriginal charity that was paid $47 million in mining royalties last year could find itself out of pocket after BHP concluded it had paid too much over an extended period.

A senior Indonesian official has warned the nation has little interest in letting nickel prices rise above $US18,000 per tonne as analysts send mixed signals around the beleaguered battery metal's revival.

Our board moves wrap includes Mark Clements, Ross McEwan, Doman Wong, Myo Myint Ohn, Paul House, Brett Mitchell, Pedro Kastellorizos, Rachel Kerr, David Sanders, Matthew Blake, Scott Mison, Marc Ber, Michelle Blandford, and Natasha Santi.

BHP maintains it is still working through the implications of a freshly announced internal restructure, despite reports of redundancies within its Western Australian operations today.

BHP has pushed back plans to build a 1,152-person camp to house nickel workers as the miner mulls the viability of a $750 million upgrade of its Kalgoorlie nickel smelter.

BHP says it could be several months before deciding the fate of its nickel division as the federal and state governments weigh additional support to keep the embattled sector alive.

Monadelphous Group expects its full year revenue to rise by 10 per cent, on the back of strong first half results for the 2024 financial year.

BHP has reported a sharp fall in its interim profit as a result of asset write-downs but a strong performance in its WA iron ore business has helped to maintain underlying earnings.

BHP has narrowly avoided strike action threatened by its iron ore train drivers after reaching an agreement with the Mining and Energy Union today.

Premier Roger Cook will continue talks with federal government around nickel royalty relief today, after the revelation that BHP was considering placing its Nickel West assets on care and maintenance.

BHP has written down the value of its Western Australian nickel operations by US$3.5 billion ($5.4 billion) pre-tax as a result of depressed market conditions for the battery metal.

Western Australia's iron ore giants have inked a deal with Australia's largest steelmaker which could see the country's first electric smelter in an effort to realise green steel ambitions.