Mining

Mining giant BHP has blamed a State Government’s high taxes on coal sales for its decision to axe 750 jobs.

The chief executive of BHP has warned that Australia’s high electricity costs could see the country lose out on big investment dollars to the likes of Canada and the United States.

Anglo American has agreed to acquire Canada’s Teck Resources, creating a more than $US50 billion company in one of the biggest mining deals in over a decade.

BHP will pay $110 million to aggrieved Australian investors who bought shares in the Big Australian just before the deadly Samarco dam collapse in Brazil.

Ebbing iron ore prices have caused a 41 per cent profit crunch at Andrew Forrest’s Fortescue, as the deadline for one of its leading decarbonisation projects gets punted back to next year.

The bosses of BHP and Rio Tinto have sat down with Donald Trump in the White House to find a way to stop a mega copper development in the US from being derailed by the ‘radical left’.

The Big Australian’s iron ore boss has vouched that the technology behind much-vaunted green steel can work, but is highly sceptical that the economics will stack up anytime soon against old school methods. 

Mining giant Rio Tinto will need to ‘experiment’ with green steel, slashing diesel and backing renewable power to drive down emissions, local iron ore boss Matt Holcz said.

BUILDING BILLIONS: Their offices were walking distance apart. Yet Tony Rovira had never met Gina Rinehart when Australia’s richest woman and her Chilean partner lobbed a takeover bid for Azure Minerals in 2023.

Iron ore is flowing from Fortescue’s Pilbara mines at record rates but the green hydrogen side of the global business continues its rout.

A startup backed by tech billionaires Bill Gates and Vinod Khosla says it has successfully tested a new approach for making steel that minimises planet-warming emissions without raising costs.

BHP’s Pilbara iron ore machine fired on all cylinders but inflation and slow construction has thrown a $2.6 billion spanner in the works of its Canadian potash push.

Global miner Rio Tinto has revealed it incurred about $US300 million ($460m) in gross costs over the first half of 2025 as a result of the US tariffs on aluminium exports from Canada. 

Australia’s richest person has suggested Rio Tinto’s incoming chief should move company headquarters to WA and made a tongue-in-cheek dig at the mining giant’s African iron ore ambitions.

Rio Tinto has chosen a boy from the Wheatbelt to be the next leader of its global mining empire.