Canadian Mining Journal


BHP Billiton


  • TAILINGS: BHP Billiton, Vale release Samarco dam report

    August 30, 2016 by Canadian Mining Journal

    BRAZIL – A panel of four geotechnical experts has released its findings into the tailings dam failure at the Samarco iron ore mine on Nov. 5, 2015. The panel was commissioned by BHP Billiton and Vale SA, co-owners of the

  • RUMOUR: BHP still after PotashCorp

    July 4, 2016 by Canadian Mining Journal

    SASKATCHEWAN – Rumours surfaced last week that BHP Billiton has made an offer for Saskatoon-based Potash Corporation of Saskatchewan. Whatever the truth to the story, PotashCorp shares jumped 6.6% in Toronto on Thursday to $22.28 then closed at $21. BHP

  • News

    SILVER: Silver Wheaton closes $550M bought deal to pay for Antamina stream

    April 7, 2016 by Canadian Mining Journal

    VANCOUVER – Silver Wheaton Corp. has closed a US$550-million bought deal common share financing consisting of 13.14 million shares at a price of US$16.60 each. The proceeds will be used to repay a portion of the loan drawn down for

  • BHP slashes dividend 75%, braces for prolonged downturn

    February 24, 2016 by Canadian Mining Journal

    It was the last, biggest and most vocal defender in the mining industry of maintaining the status quo with respect to its generous dividend policy, but BHP Billiton has finally succumbed to industry-wide trends and deeply cut its dividend, and

  • News

    Aston inks potential exploration deal with BHP

    February 3, 2016 by Canadian Mining Journal

    BHP Billiton’s (NYSE: BHP; LON: BLT) Canadian subsidiary has signed a letter of intent to fund exploration on Aston Bay Holdings’ (TSXV: BAY) Storm copper property in Somerset Island, Nunavut. Aston’s CEO Benjamin Cox says the partnership demonstrates the potential of

  • COMMENT: BHP Billiton to boost copper output

    December 2, 2015 by Marilyn Scales

    Australian mining powerhouse BHP Billiton announced plans this week to lower copper unit costs by boosting output by 1.7 million t/y. That’s’ a doubling of the 1.7 million tonnes the company produced in the year ending June 30, 2015. The

  • BHP and Vale scramble to cope with Samarco disaster

    November 10, 2015 by Canadian Mining Journal

    VANCOUVER — Mining giants BHP Billiton (NYSE: BHP; LON: BLT) and Vale (NYSE: VALE) haven’t offered much detail relating to a large scale tailings dam breach at the Samarco iron ore joint venture in Brazil’s Minas Gerais State, but reports already indicate it will likely

  • News

    SILVER: Silver Wheaton acquiring stream from Antamina mine

    November 4, 2015 by Canadian Mining Journal

    VANCOUVER – Silver Wheaton Corp. has arranged a streaming agreement with a subsidiary of Glencore to acquire silver from the Antamina copper mine in which Glencore has a 33.75% interest. The mine, located in the Andes Mountains 270 km north

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    DEMERGER: BHP Billiton shareholders vote 98% to launch South32

    May 6, 2015 by Canadian Mining Journal Editor

    PERTH, Australia and LONDON, UK – Shareholders of BHP Billiton have voted 98.05% in favour of the proposed demerger, launching the new company South32.

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    HSBC cuts forecasts for iron ore prices

    October 27, 2014 by Canadian Mining Journal Editor

    The current iron ore market “looks like a game of chicken where no player has blinked,” says the Hong Kong and Shanghai Banking Corporation.

  • News

    COMMENT: BHP Billiton offers details of asset spinoff

    August 26, 2014 by Canadian Mining Journal Editor

    For weeks talk and stories about BHP Billiton’s streamlining of its assets have been making the rounds in mining circles. So it’s no surprise that the company has finally released some details about its plans.

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    BHP plans spinoff to focus on ‘four pillars’

    August 20, 2014 by Canadian Mining Journal Editor

    With a spinoff of its aluminum, manganese, nickel, silver and some of its coal assets, BHP Billiton (LSE: BLT; ASX: BHP) is going back to basics in a drive to simplify its portfolio.