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.
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.
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 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.
If Andrew Mackenzie and Sam Walsh are right, then Western Australia's commodity dependent economy could be at the start of a recovery; and not before time, given the weakening state of the property market as measured by mortgage defaults.
If ever Western Australia is to have another slogan on vehicle number plates, then the favourite has to be a return to the short-lived ‘Golden State' catchphrase.
Mining giant BHP Billiton has posted a dramatic slide in annual profit on the back of plunging commodity prices, with chief executive Andrew Mackenzie flagging further cost cuts.
Rio Tinto and BHP Billiton have highlighted their competitive advantage in the iron ore market, with BHP predicting further large reductions in its operating costs in the Pilbara and Rio detailing the big price discount Fortescue Metals Group has to accept for its products.
South32 chief executive Graham Kerr says he is confident the diversified mining company will be ready to operate as an independent entity later this month, after BHP Billiton shareholders strongly endorsed the demerger.
BHP Billiton has committed $22 million towards influencing the perception of mathematics among girls and young women, in partnership with the Australian Mathematical Sciences Institute.
BHP Billiton chief executive officer Andrew Mackenzie has been awarded an honorary doctorate of science by Curtin University, in recognition of his contribution to the field of geochemistry and for
Perth finance house Euroz has reported a first-half loss as a result of weak conditions in its core stockbroking business and write-downs in the value of its listed investment companies.
Small iron ore miners operating in a $70/t environment are struggling, but in a different way so are the majors battling to satisfy investor expectations.
Mining giant BHP has celebrated the export of its billionth tonne of iron ore to China, after a relationship of more than four decades, but the next billion is not far off.
The tougher business climate has prompted some WA companies to cut executive salaries, but most have held the line and some have even awarded pay rises.
BHP Billiton bosses have made a strong sales pitch regarding the company's proposed demerger, telling shareholders in London they'd benefit from the next step in the big miner's "evolution".
CBH Group chief executive Andrew Crane has been appointed a member of Australia's B20 Leadership Group, a private sector consortium that produces policy recommendations for international finance leaders for the annual G20 Leaders Summit in Brisbane next year.
The new-found restraint characterising chief executive salaries has not extended to Kerry Stokes' Seven Group Holdings, which has announced that new boss Don Voelte could earn $7.2 million each yea
THE near certainty of a Coalition government being elected in September, and the single-handed control of state leader Colin Barnett, have reshaped Western Australia's 2013 Most Influential list –
Mining giant BHP Billiton has said that its exploration and capital expenditure for the 2014 financial year will decline significantly to approximately $18 billion as the company looks to reduce co
BHP Billiton's new boss Andrew Mackenzie has shaken up the global miner's leadership group, with petroleum boss Michael Yeager leaving the company but Perth-based iron ore president Jimmy Wilson an
BHP Billiton's new boss Andrew Mackenzie has shaken up the global miner's leadership group, with petroleum boss Michael Yeager leaving the company but Perth-based iron ore president Jimmy Wilson an
If any further evidence were needed that the commodities boom is over, management changes at some of the world's biggest resources companies seals the deal.
BHP Billiton has selected the head of its global non-ferrous metals business, Andrew Mackenzie, to succeed chief executive Marius Kloppers, who will leave the global mining giant in May after six y
BHP Billiton has continued making big changes in key executive positions, appointing Ian Maxwell as president energy coal, following the move of Jimmy Wilson from energy coal to take up Ian Ashby's
