Future Element Operations, a 50/50 joint venture between Clean TeQ Water and mine tailings management company Future Element, has joined Unearthed’s Think and Act Differently (TAD) program. TAD is powered by BHP and allows innovators to engage in short experiments designed to de-risk ideas and fast-track technological breakthroughs. Future Element is part of the Essentials Minerals Cohort and will receive…
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Vale SA and BHP, along with the pair’s Samarco iron ore joint venture, must pay 47.6 billion reais, or US$9.67 billion, for damages sustained in the Samarco Fundao tailings dam burst in Mariana, Brazil more than eight years ago. According to reports from Bloomberg and Reuters, the legal decision regarding the November 2015 incident that killed 19 was made 25…
Read MoreBHP has reportedly opted to place part of its Kambalda nickel concentrator in Western Australia on care and maintenance. Asset president Jessica Farrell told Reuters that it made the decision after its ore supplier Wyloo Metals announced it would pause mining operations on low nickel pricing. About 20 jobs will be impacted by the transition. BHP has not indicated how…
Read MoreAustralian miner Whitehaven Coal is reportedly looking at options to sell a 20% stake in the Blackwater mine to global steelmakers as it works to finalize a US$3.2 billion deal for the asset and fellow Bowen Basin mine, Daunia, according to Bloomberg. “Interest is very, very strong” in relation to a stake in Blackwater, CEO Paul Flynn recently told analysts.…
Read MoreBHP, after evaluating a pool of more than 500 applicants, has selected six companies for the second cohort of its Xplor accelerator program for critical resources exploration. Each company selected will receive a grant of up to US$500,000 and will gain access to a network of internal and external experts to fast-track growth as well as exploration concepts. The goal…
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BHP has suspended operations at its Saraji met coal mine in Australia following an incident that killed one of its contractors. The miner said 16 January that the worker, whose name was not released, was involved in a vehicle incident at Saraji the day prior. “Emergency services responded to the scene and RSHQ was notified. We are working closely with…
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BHP, together with Anglo American, Antofagasta Minerals, Codelco and Collahuasi, have launched the Mining Security Corporation, to promote a culture of cybersecurity in mining operations. According to the group, cyberattacks will cost companies about US$10.5 billion by next year, and more than more than 4 billion cyberattacks took place in Chile during the first half of 2023, positioning it as…
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A planned industrial action by train drivers for BHP’s Pilbara iron ore operations in Western Australia was withdrawn as their union waits for an updated employment offer, reported Reuters. “In good faith we have decided that we would withdraw the action at this stage,” Mining and Energy Union WA Secretary Greg Busson told the news agency. Around 400 train drivers…
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BHP and Mitsubishi Development Pty (MDP) have agreed to sell the Blackwater and Daunia metallurgical coal mines, which are part of the BHP Mitsubishi Alliance (BMA) joint venture in Queensland, to two Whitehaven Coal subsidiaries for a cash consideration of up to US$4.1 billion. Full story.
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BHP has reached a preliminary deal with the supervisors’ union at its Escondida operation in Chile, avoiding a strike at the world’s largest producer of copper concentrates and cathodes, reported Reuters.
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