Mike Henry

BHP is reshaping its business and corporate structure, with the company selling its petroleum division, making a big investment in potash and ending its dual-listed structure.

There are very few chief executives who get to announce a company defining multi-billion deal on their first day in the job. That’s what Meg O'Neill did last week.

BHP has blamed Western Australia's tough border controls for a shortage of train drivers which contributed to producing less iron ore in its first quarter.

Share prices of some of the major producers have slumped as vaccine supply rises and sales peak.

BHP has defended its climate strategy despite involvement in Woodside’s contended Scarborough LNG project, which has been subject to increasing environmental campaigns.

BHP remains on track to meet production guidance for the financial year despite pandemic-induced labour constraints, but has flagged further headwinds as Omicron enters the state.

BHP has increased its interim dividend after reporting a big increase in half-year profit and says higher inflation will be a long-term positive for its business.

Pandemic-related labour shortages have caused headaches for another big miner, with BHP lowering guidance forecasts for copper and nickel.

BHP’s iron ore output held steady for the financial year as its new South Flank operation gained momentum, though prices for its product were down 13 per cent on last year’s average.

BHP has stepped up its pursuit of future-facing metals by launching a takeover proposal for Adelaide-based copper and nickel miner OZ Minerals.

BHP shareholders will receive a big payout after underlying profits soared during the financial year, though the mining major has braced for more inflationary pressures and expansion costs.

BHP’s petroleum boss Geraldine Slattery will lead the company’s Australian operations, replacing Edgar Basto who will become the company’s first chief operating officer.

Wesfarmers boss Rob Scott and FMG founder Andrew Forrest are likely to be the only Perth-based business leaders at next week’s jobs summit in Canberra, with Meg O'Neill a conspicuous absentee.

Australia’s biggest miner has recorded a steady start to the financial year as it ramps up its newest operation, South Flank.

BHP leaders have braced shareholders for a ‘complex’ short-term horizon and issued an apology to those who have experienced damaging behaviour at its work sites, during an AGM in Perth today.

The leader of Australia’s largest mining company has called on fellow miners to take more risks on using innovative technologies for the clean energy transition.

BHP has outlined plans to increase the automation of its iron ore operations after reporting a small lift in production to record levels and a dip in shipments.

Softer iron ore prices combined with a 70 per cent spike in diesel costs crunched BHP’s underlying profit by 32 per cent during the first six months of FY23.

BHP boss Mike Henry says the federal government made the right choice to not provide a ‘sugar hit’ subsidy towards critical minerals but has been less complimentary regarding industrial relations changes.

Mining giant BHP has warned of cost pressures and uncertain international economic conditions in the year ahead.

A year of rising costs and weaker commodity prices makes a dent in the Big Australian’s bottom line as a cloud of uncertainty hangs over China's appetite for iron ore in the medium term.

Project scale-backs and mine closures have put jobs in the spotlight but the headline figures only tell part of the story.

BHP has written down the value of its Western Australian nickel operations by US$3.5 billion ($5.4 billion) pre-tax as a result of depressed market conditions for the battery metal.

BHP has reported a sharp fall in its interim profit as a result of asset write-downs but a strong performance in its WA iron ore business has helped to maintain underlying earnings.

BHP says it could be several months before deciding the fate of its nickel division as the federal and state governments weigh additional support to keep the embattled sector alive.

BHP maintains it is still working through the implications of a freshly announced internal restructure, despite reports of redundancies within its Western Australian operations today.

BHP has set a timeline for a review into its troubled Nickel West operations, as the company navigates a depressed market for its product.

BHP has submitted a sweetened takeover proposal to Anglo American, valuing the rival miner at nearly $64 billion, but it has again been rebuffed.

Shares in West Perth-based Kingrose Mining rose 21 per cent on Wednesday morning, following news that the company had signed multiple alliance exploration licences with global resources powerhouse, BHP.

Anglo American has rejected a third takeover proposal from BHP but left open the possibility of a deal by agreeing to a one-week extension to the bid deadline.

In this podcast, Mark Beyer and Mark Pownall discuss Forrest property buy; resource conferences; BHP; Anglo-American; Carolyn Turnbull's new job; Feral Brewing's new owner; and preview the next magazine.

BHP will not be making a firm offer for Anglo American, saying its target had refused to provide key information that it required.

BHP has toasted record iron ore and copper production in a boost to the mining giant after a week to forget for the company’s nickel division.

BHP chief executive Mike Henry has highlighted the global miner’s focus on copper as its largest growth opportunity while an iron ore expansion is just a possibility.

Just one major resources project has been sanctioned in WA this year and the pipeline of future projects is thin, a review by Business News has found.

BHP is anticipating more stimulus from China’s government to prop up that nation’s ailing property market as the miner increases iron ore supply.

Senior BHP staff will be required to work from the office four days a week under changes to come into force next year.

The union movement has accused WA’s mining lobby of “hyper-aggressive” campaigning against its activities in the Pilbara, while warning of an extreme politics push among blue collar workers.

BHP has reiterated its appetite for copper after the completion of a US$4 billion deal for Toronto-listed Filo Corp, locking in a plan to pursue the metal in South America alongside Lundin Mining.