BHP Tag

BHP has paid around US$60 million to increase its stake in Ecuador-focused gold miner SolGold to 11.2%, rivalling the 14.5% stake held by Australia’s largest listed gold firm Newcrest Mining. The latest investment nearly doubles BHP’s ownership in SolGold, after the world’s biggest miner first bought...

BHP is mulling over a decision to expand its Olympic Dam in South Australia, in a move which would significantly lift annual production capacity at the largest copper mine in the Australian state. The Brownfield Expansion (BFX) option will be considered by the Australian mining giant’s...

The world’s number one miner BHP announced increased copper production but a sharp fall in iron ore output as its overall guidance for 2018 remain unchanged. Copper production for Q2 was boosted to 404,000 tonnes by better performance at the Escondida mine, rising 23% on the...