BHP is set to pay a total of US$840 million for an early end to energy contracts at its Escondida and Spence copper mines in Northern Chile, which are currently supplied by a coal-fired thermoelectric plant. Local power company AES Gener — a unit of AES...
BHP has announced that it will supply all of its copper mines in Chile with renewable energy from 2021 after signing four new contracts with Chilean utility companies. The renewable energy deals will cut energy costs by an estimated 20% at the mining giant’s Escondida and...
The price of copper fell to its lowest level in over a year on Wednesday, instigating fears of a potential global economic slowdown. Copper futures for September tumbled to US$5,622 a tonne in New York and entered a bear market in falling more than 20% from...
BHP (ASX:BHP) has delivered a mixed-bag of results across its operations in its full-year production report for the 12 months to end-June 2017, with iron ore output rising but copper production falling. The world’s number one mining company by value reported a 4% rise in iron...
BHP is likely to place its Fayetteville shale gas assets in the US up for sale, as the world’s largest miner looks to restructure its operations across the oil sector. The Anglo-Australian firm also announced in its latest operational review that it has cut its production...
BHP Billiton (NYSE:BHP) and Vedanta Resources (LSE:VED) have both reported profitable results in their latest respective financial reports, reflecting an optimistic turn in the international mining community. BHP, the largest mining firm in the world, returned to net profit for the first half of the 2016-17...
