News Articles for BHP

BHP will not match Wyloo Metals' bid for Canadian nickel play Noront Resources, clearing the way for the Forrest-backed business to acquire all capital in the company for C$1.10 apiece.

The ACCC will not oppose Woodside's plan to acquire BHP petroleum assets, clearing the way for two of WA's largest natural gas suppliers to merge.

Mining giant Rio Tinto paid more than $1 billion in royalties to four Perth families last year as a result of deals struck by their forebears in the 1960s.

Former BHP group financial controller Graham Tiver has been chosen as Woodside's new chief financial officer and executive vice president.

Andrew Forrest's Wyloo Metals has bolstered its offer for Noront Resources by some 57 per cent just hours after walking away from unsuccessful détente talks with takeover rival BHP.

BHP and Forrest-backed Wyloo Metals have failed to reach an agreement on mutual takeover target Noront Resources despite weeks of deliberation between the parties.

A dozen WA-linked businesses paid more than a fifth of Australia's corporate tax take between them in the 2020 financial year, with Rio Tinto the nation's top contributor.

Oil and gas supplier Woodside will invest $US5 billion ($7 billion) in low carbon energy by 2030 while still benefitting from its recently-announced merger with BHP's petroleum business.

The Fair Work Commission has ruled against a COVID vaccination mandate applying to coal mine workers in NSW but the ruling is unlikely to have a big impact in Western Australia.

Some major companies have decided the sum of their parts is greater than the whole.

Unemployment is at record lows in WA, but pressure from mass resignations and outbound travellers is looming.

Aboriginal groups are vigorously opposed to government reform efforts, leaving challenges for industry.

A $16.5 billion plan to develop the Scarborough gas field and Pluto Train 2 has been approved by Woodside Petroleum, the biggest LNG investment sanctioned in WA in a decade.

Limitless WA: Autonomous trains and trucks in the resources industry have brought benefits to Western Australia beyond productivity.

BHP has defended its climate strategy despite involvement in Woodside's contended Scarborough LNG project, which has been subject to increasing environmental campaigns.

Fortescue Metals shares had their biggest gain of the year but the Australian market slumped on concerns of how US authorities will respond to the biggest rise in inflation in 31 years.

Discussions between BHP and Andrew Forrest-backed Wyloo Metals are set to continue until the end of November as the parties look to reach an agreement on sought after Noront Resources.

Investors have continued to shy away from the ASX this week as some wonder whether rising inflation could finally be followed by wage increases.

Export revenue has become increasingly concentrated on iron ore but WA has still benefitted, while moves to net zero now dominate thinking. Click for the list of WA's biggest exporters.

Mining giant BHP has sold its stake in a metallurgical coal joint venture in Queensland for more than $1.6 billion.

BHP has pushed back the expiry date on its $A372 million cash offer for Canadian miner Noront Resources by a week to begin talks with takeover rival Wyloo Metals.

Share prices of some of the major producers have slumped as vaccine supply rises and sales peak.

The value of state government contracts awarded to Aboriginal businesses has fallen by 21 per cent over the past year though the number of contracts has risen.

Rio Tinto's iron ore chief executive has told a parliamentary inquiry into sexual harassment in the mining industry he is “sickened” by recent events, as FMG unveiled its new alcohol policy.

Is it possible to compare companies in different stages of their development?

Canadian miner Noront Resources is now recommending shareholders take up a new cash offer from BHP, trumping an earlier bid from Andrew Forrest-backed Wyloo Metals.

Civmec has secured three maintenance and capital works contracts worth $130 million with mining majors Rio Tinto and BHP, taking its total order book to more than $1 billion.

Wyloo Metals is the frontrunner to acquire Noront Resources, with the Andrew Forrest-backed outfit set to reel in the Canadian nickel miner over a competing bid from BHP.

Business News has devised a collection of some of Perth's world-leading innovations.

BHP has blamed Western Australia's tough border controls for a shortage of train drivers which contributed to producing less iron ore in its first quarter.

Telethon and the MACA Cancer 200 Ride for Research raised a record-breaking $69 million for medical research over the weekend.

Resources companies are working together to hasten development of lower-emission vehicles and equipment.

BHP could invest up to $25 million to secure a majority stake in Encounter Resources' developing Elliott copper project after the junior upped its tenure in the area.

Rio Tinto is considering the use of sustainable technology in its steelmaking process, joining the likes of Fortescue and BHP in tackling the iron ore sector's emissions challenge.

The Australian Workers' Union has flagged a possible legal challenge to BHP's decision to lock out workers who refuse to be vaccinated for COVID-19.

Analysts argue iron ore prices won't have to fall far to inflict pain.

Australia's largest new iron ore mine in over 50 years has been officially opened after BHP completed its South Flank project on time and within budget.

Resources companies hope a decision on Port Hedland's South West Creek development is imminent, helping unlock higher iron ore exports.

BHP and Mineral Resources have become the latest big employers to make COVID vaccinations a condition of entry at all of their Australian workplaces, joining mining giant Rio Tinto.

About one third of West Australian workers will need to be vaccinated to comply with government directives and the number is set to grow as private businesses follow suit.