BHP has submitted a revised non-binding indicative proposal to acquire OZ Minerals by way of a scheme of arrangement for a cash price of A$28.25 per share. Read full article.
Read MoreBHP makes final bid for OZ Minerals
Tag: BHP
BHP, Rio Tinto team for tailings
With a shared mission of sustainability, global miners BHP and Rio Tinto are collaborating on technological developments to boost water recoveries from mine tailings as well as to reduce safety risks and environmental presence at storage facilities. The companies, which announced their teaming on 30 October, have selected Chile for their first test project – specifically, an innovative large-volume filter…
Read MoreBHP teams with UGL, QRRS for ‘flat pack’ rail car initiative
BHP said it is collaborating with UGL and QRRS in an initiative backed by the Western Australian government to construct “flat pack” iron ore cars that will help boost capacity in the state’s manufacturing sector. Read full article.
Read MoreBHP nabs Normet for BEV fleet order
BHP has awarded a contract for a fleet of underground-specific battery-electric utility vehicles to Normet Canada in a deal under undisclosed terms. Read full article.
Read MoreBHP turns focus toward Peru’s copper potential
An executive for BHP has shared that the global miner plans to expand its presence in Peru through exploration of new copper projects, reported Reuters. Rag Udd, who heads the company in the Americas, told an audience at the Perumin mining conference in Arequipa, Peru, that BHP will invest $12 million on exploration in the next 10 months and that…
Read MoreOZ Minerals places A$10 billion price tag on company
Australian miner OZ Minerals is reportedly seeking about A$10 billion (US$6.7 billion) in a potential sale following its rejection of a A$8.34 billion takeover bid by BHP, reported Bloomberg News. Read full article.
Read MoreEscondida goes big, moves to renew entire fleet
BHP, owner of the Escondida copper operation in the Antofagasta region of northern Chile, is collaborating with Caterpillar and Finning International to replace Escondida’s entire haul truck fleet. Under the agreement, which the group jointly confirmed is part of a strategic equipment renewal process developed by Escondida, the mine will take delivery of new Caterpillar 798 AC electric-drive trucks with…
Read MoreFord picks BHP for multi-year nickel supply
BHP has entered into a memorandum of understanding (MoU) with automaker Ford Motor Company for a multi-year nickel supply from its Nickel West asset in Western Australia. Read full article.
Read MoreChile minister: copper mining royalties to rise
The finance minister for Chile, Mario Marcel, has reportedly outlined a tax reform plan that will not only raise taxes across the country, but will also increase mining royalties for copper companies producing over 50,000 tonnes annually. The plan, according to a Reuters report, would impact some of the industry’s largest producers including BHP, Antofagasta, Codelco and others. It has…
Read MoreBHP rail team grows with new recruits
BHP said that sixty new train drivers are poised to graduate from its Pilbara Rail Academy Traineeship Program, created last year to meet the growing skills shortage in Western Australia. Read full article.
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