BHP

Global Industry: “Mining should prepare for future of technology and automation” – BHP CEO

Posted on December 6, 2017 by Mozambique Resources Post

Global mining major BHP CEO Andrew Mackenzie says the mining industry has to show leadership and prepare its workforce for a future in which technology will play an ever-important role.

Global Coal Investing in 2015: Another Tough Year

Posted on December 2, 2015 by Mozambique Resources Post

At the end of 2015, analysts were saying that a material recovery in coal prices was still a few years away.

Global Markets: Shares of BHP Drop on News of Brazil Law Suit

Posted on December 1, 2015December 1, 2015 by Mozambique Resources Post

The Wall Street Journal reported that shares of BHP Billiton (NYSE:BHP) fell sharply on Monday following news that the Brazillian government would sue both BHP and Vale over tailings dam disaster at the miners’ jointly owned iron-ore mine in Brazil in November.

Rio Tinto & BHP Billiton: The Battle of the Mining Titans

Posted on October 23, 2014 by Mozambique Resources Post

Rio Tinto and BHP Billiton have been in the news lately following both companies’ large increases in production.Not all of the feedback has been positive, with Western Australia’s Premier Colin Barnett accusing the mining giants of working in tandem to increase their production with the aim of pushing out smaller miners who have much larger production costs.

Global Mining Industry: BHP Intends to Up Coking Coal Production

Posted on September 30, 2014 by Mozambique Resources Post

The Australian reported that BHP Billiton (NYSE:BHP) is intending to increase its production of coking coal by improving its productivity. The company will also look at new expansion options, according to the publication.

Global Mining: “Iron Prices Recovery, not so soon,” BHP

Posted on September 29, 2014September 29, 2014 by Mozambique Resources Post

Global miner BHP Billiton on Thursday played down the chance of a recovery in iron-ore prices, saying that recent declines reflected the reality of demand and supply in the market for the steel-making ingredient.