News Articles for BHP

BHP Billiton plans to almost halve its costs at Olympic Dam over the next two years but says it will double capacity over the long term.

The state's corporate donors still prefer their gifts to be in cash, while in-kind contributions have fallen away in favour of increased staff volunteering, according to the latest Giving West survey.

The latest official report into Western Australia's gas supply and demand outlook has raised the ire of a group of major domestic gas users, which says some of its key findings are misleading and called for an independent review into how the report is compiled.

It is one of the most overused quotes of all time, but if you look at the old and the new of Western Australia's mining industry it is impossible to avoid thinking about the first words in Charles Dickens' novel, A Tale of Two Cities: “It was the best of times, it was the worst of times”.

Perth-based Indigenous Construction Resource Group is poised to become a bigger player in the mining services sector after its chairman, Clinton Wolf, lured NRW Holdings founder and former managing director Jeff McGlinn out of retirement.

A Perth jeweller has used the launch of her first men's collection to call on the mining industry to open its production lines to Western Australia's creative community.

Iron ore producers, and the WA economy, need to prepare for more sluggish demand from China if the findings of a major investment bank are accurate.

Smart-ticketing company Vix Technology has strengthened its push into the resources sector by acquiring specialist Australian software company Osmotion for an undisclosed sum.

The recently renamed Avenira is finally realising its potential to become a supplier of phosphate, ticking off a decision to mine at its project in West Africa.

Global miner BHP Billiton has committed to its progressive dividend as it counts the cost of the Brazilian mine disaster, which left 11 people dead.

Brookfield Property Partners is shifting its focus to new developments in Perth as the final piece of the puzzle is finished at Brookfield Place, with construction complete on the precinct's second office tower.

South 32 chief executive Graham Kerr said the company expected to achieve its targeted operations savings this year, while it announced it would keep South African production at its jointly owned Samancor venture in suspension pending a strategic review.

BHP Billiton is assessing dams at all its facilities around the world following the deadly dam disaster in Brazil.

Expect fireworks at the Australian leg of BHP Billiton's annual meeting process, to be held in Perth this week.

The state government says the shipping capacity of Port Hedland could increase by 16 per cent to 577 million tonnes, opening up the possibility of further growth in iron ore exports through the existing harbour.

BHP Billiton shares have fallen to a 10-year low as a perfect storm hits the market heavyweight in the wake of the Brazilian mine disaster, which the company said today had claimed the lives of nine people so far.

A rift is developing between the Western Australian Nationals leader and the Liberal premier over fly-in, fly-out (Fifo) worker camps, with speculation mounting it could end their alliance.

'Tis the season to be gloomy, that much we know from following financial markets; but an early nominee for the Dr Gloomy prize of the season goes to former ANZ Bank chief economist, Saul Eslake, who said earlier this week that the China-driven mining boom was “the last in human history”.

BHP Billiton boss Andrew Mackenzie has described as "heartbreaking" the devastation wreaked by a deadly dam burst at a mine in Brazil and pledged to set up an emergency relief fund.

Friction between the resources industry and the mining town of Newman has escalated following the state's decision to approve an extension for BHP Billiton's 1,200-bed Kurra camp.

Global miner BHP Billiton does not yet know what caused a tailings dam to burst at an iron ore mine in Brazil, killing at least two people and leaving 28 missing.

The resources sector has dramatically increased productivity in the past year, as lower commodity prices drive a wave of cost cutting across the industry, according to the latest national accounts numbers from the Australian Bureau of Statistics.

BHP Billiton has signed a native title agreement with the Banjima people, calling the century-long deal one of the most significant of its kind in Australia.

SPECIAL REPORT: What's next for the iron ore sector, as the final two ‘mega' iron ore projects approach completion in the Pilbara?

Bruce McFadzean has been appointed as the new managing director of Sheffield Resources. Mr McFadzean is a mining engineer with more than 35 years of experience in the global resources industry.

BHP Billiton spin-off South32 aims to cut group costs by 25 per cent this financial year, as part of a broader target to strip costs amid a slump in commodities prices.

Some of our elected officials would be wise to consider their decisions more closely in light of recent events.

BHP Billiton has posted solid production growth in the first quarter of the financial year, lifting iron ore output by 7 per cent.

Max Bergomi has left his executive position at engineering group Clough to take the helm as chief executive of Tempo Australia.

Belmont-based Swift Networks is seeking an ASX listing by entering into a heads of agreement with Stanfield Funds Management, while Stanfield has dropped plans to acquire Singapore-based tech firm Sprooki.

When BHP Billiton was in the process of establishing its coal and base metals offshoot, South32, a key factor for many who decided to join the new business was their desire to work with its chief executive, Graham Kerr.

SPECIAL REPORT: Earnings for the state from the powerhouse minerals and energy industries have softened, but agriculture, among other sectors, will create opportunities. Business News also takes an in depth look at Bunbury port, where a big expansion plan needs community backing and solid regional demand growth.

Oil and gas giant Chevron has applied for a two-year extension to its plans to develop its new headquarters at Elizabeth Quay, but has reiterated its commitment to the project.

Lisa Scaffidi is no stranger to the responsibilities of public office, which is why the imbroglio currently surrounding her is so perplexing.

Nickel producers are waiting for one of their cohort to ‘blink' first, as overproduction and sluggish demand threaten the sector's viability.

SPECIAL REPORT: The domgas market is going through a period of structural change, but history has lessons for those businesses that know where to look.

The winner of a new innovation program has combined gaming technology with its traditional focus on process control data to create a product that has attracted keen interest from some of the state's biggest companies.

The median salary paid to chief executives at Australian mining companies fell by 12 per cent over the past two years, and is set to decline further after recent cost-cutting moves by the likes of BC Iron, Sundance Resources, Paladin Energy and Poseidon Nickel.

The recently appointed boss of BHP Billiton's Nickel West division has presented a rare positive message for the unloved business, saying there was “nervous excitement” after a series of internal changes.

Tipping the top or bottom of a market is never smart, especially at a time of volatile trading; but a series of recent events point to confidence growing in the start of a recovery in the Western Australian economy.