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Rio Tinto hopes Trump will clear path for Resolution copper project – by Cecilia Jamasmie (Mining.com – April 9, 2025)

https://www.mining.com/

Rio Tinto is optimistic that US President Donald Trump will expedite the final permits approval for its long-delayed Resolution copper project in Arizona. Speaking at the CRU World Copper Conference in Santiago, Rio Tinto’s copper chief executive Katie Jackson said growing US interest in strengthening the copper supply chain could help advance the stalled mine.

“We hope that will be part of getting projects like Resolution to move because it has historically been a long process,” she told attendees. The mining giant has spent more than a decade navigating a complex permitting process.

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BHP’s new chairman Ross McEwan meets investors, reads up on history – by Peter Ker (Australian Financial Review – March 31, 2025)

https://www.afr.com/

Ross McEwan has had a few weeks to brush up on his history. The former National Australia Bank chief executive was announced as the next chairman of the country’s largest miner, BHP, last month. He starts on Monday, replacing retiring predecessor Ken MacKenzie.

And he’s prepared for his stint by reading Geoffrey Blainey’s The Steel Master, a 1971 profile of Essington Lewis, a man who was either managing director or chairman of the mining giant between 1921 and 1961.

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[BHP and Canada] Up and Down Under – by Trevor Cole (Globe and Mail/Report on Business Magazine – February 18, 2025)

https://www.theglobeandmail.com/

Why Mike Henry, the Canadian CEO of the world’s biggest mining company, is investing big in Canada

No one should have been surprised, five years ago, when Mike Henry rose to the top of the Australian mining giant BHP. When it comes to mining, Canadians have some game, and the University of British Columbia alum had built a 30-year career touching every aspect of the industry, from marketing to technology to operations.

What might have opened some eyes is how decisively the understated Henry, who’d been at BHP since 2003, moved to change things up. He eliminated BHP’s complicated dual listing on the London and Sydney exchanges, boosting the company’s ability to make acquisitions.

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GRAPH: What global copper mining’s top tier could look like – by Frik Els (Mining.com – January 27, 2025)

https://www.mining.com/

Last year, copper mining industry watchers were kept entertained by the prospects of a tie-up between BHP and Anglo American after the world’s top miner in May launched an unsolicited bid for the 108-year old company.

The FT reported over the weekend that Melbourne-based BHP is putting a bid for Anglo on ice. Not surprising given the divergence in their share price performance and whether BHP has the pockets or the stomach for a now much more expensive acquisition has always been in doubt.

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Rio Tinto bets on Trump support for long-stalled Arizona copper mine – by Cecilia Jamasmie (Mining.com – January 22, 2025)

https://www.mining.com/

Rio Tinto said on Wednesday it is very optimistic about US President Donald Trump granting it the final permits for its long-delayed Resolution copper project in Arizona.

The mining giant has faced a 12-year permitting battle to develop the Resolution mine, which has the potential to supply more than a quarter of the US domestic copper needs for decades. “I do think that we have really good chances now to progress that project,” chief executive Jakob Stausholm told the Financial Times. “We have made a lot of progress.”

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Women take on mining giants in sexual harassment class action cases – by Hilary Whiteman (CNN.com – December 12, 2024)

https://www.cnn.com/

Brisbane, Australia (CNN) — Lawyers for women who claim they’ve been sexually harassed while working for global mining giants BHP and Rio Tinto say they’ve been inundated with emails since filing two class action cases in an Australian court.

The separate lawsuits, which were filed in the Federal Court in Sydney and revealed Wednesday by law firm JGA Saddler, alleges widespread and systematic sexual harassment and gender discrimination at the two companies’ worksites over the last two decades.

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Anglo shares rise amid renewed takeover speculation – by Staff (Mining.com – November 29, 2024)

https://www.mining.com/

BHP is free to relaunch a bid to acquire Anglo American (LON: AAL) starting Friday, as the six-month standstill mandated by London’s takeover rules following the withdrawal of a previous offer has expired.

Last month, BHP chair Ken MacKenzie stated at the company’s AGM that BHP had “moved on” from its bid for Anglo. However, BHP later clarified that MacKenzie’s comments were not intended as an official statement under UK takeover rules.

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BHP bets billions on Chile mines to face global copper crunch – by Daina Beth Solomon and Fabian Cambero(Reuters – November 22, 2024)

https://www.xm.com/

BHP Group expects a global copper deficit of 10 million metric tons a decade from now, a shortfall that is driving its plans to spend at least $11 billion at the world’s biggest copper mine, Escondida, and other projects in Chile.

BHP detailed to investors this week plans to spend $10.7 billion to $14.7 billion within about 10 years to extract more copper from Escondida and the smaller Spence mine, and restart the Cerro Colorado mine. The world’s biggest listed miner’s annual production is set to fall by around 300,000 tons to 1.6 million tons by the end of the decade, largely driven by a slump at Escondida that is expected to peak in 2025.

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BHP CEO Mike Henry says Canada risks losing investments in critical minerals to global rivals if it doesn’t cut red tape – by Niall McGee (Globe and Mail – November 21, 2024)

https://www.theglobeandmail.com/

BHP Group Ltd. chief executive Mike Henry says Canada must speed up mine permitting, or it risks losing out to its global rivals in attracting investments in critical minerals. Melbourne-based BHP, the world’s biggest mining company, already has significant operations in Canada. It is building a massive new potash mine in Saskatchewan called Jansen with the total capital expenditure pegged at $20-billion.

Mr. Henry, who is Canadian, said in an interview that while BHP clearly already has an affinity for Canada, based on its investment track record, the slow pace of obtaining mining permits is a big problem.

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BHP, Vale cleared by Brazil court over 2015 dam disaster – by Lucia Lacurcia (AFP/Yahoo – November 14, 2024)

https://www.yahoo.com/

A Brazilian court on Thursday cleared mining giants BHP and Vale, and their Brazilian joint venture Samarco, of responsibility over a 2015 dam collapse that caused the country’s worst ever environmental disaster.

The dam’s rupture on November 5, 2015 near the town of Mariana unleashed a giant torrent of toxic mud that swamped villages, rivers and rainforest, killing 19 people on its way to the sea. Scientists say the sludge caused “permanent” pollution on the river Doce and its coastal plain.

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BHP Retreats From Comments About Moving On From Anglo Bid – by Thomas Biesheuvel (Bloomberg News – October 30, 2024)

https://www.bnnbloomberg.ca/

(Bloomberg) — BHP Group has been forced to walk back from comments about having “moved on” from its failed Anglo American Plc bid to prevent its hands being tied by the UK takeover panel from launching another buyout attempt.

Chairman Ken MacKenzie made the comments Wednesday at a shareholder meeting of the world’s biggest miner in Australia. Anglo shares fell as much as 4.5%, underperforming the wider sector.

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Liability trial for BHP in Samarco dam collapse begins in London – by Cecilia Jamasmie (Mining.com – October 21, 2024)

https://www.mining.com/

BHP (ASX, NYSE: BHP) faces a potential $47 billion payout in damages over the 2015 Mariana Dam disaster in Brazil, believed to be country’s most catastrophic environmental incident, as a lawsuit against the miner kicked off on Monday in London’s High Court.

The trial, expected to last up to 12 weeks, will determine whether BHP is legally responsible for the collapse of the Fundão tailings dam in Minas Gerais, Brazil. The structure failure caused a massive flood that claimed 19 lives, destroyed villages and severely polluted water sources for local communities. The dam was owned by Samarco, a joint venture between BHP and Brazilian mining giant Vale.

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Rio Tinto, BHP & Glencore ‘Feeling the Pinch on Copper’ – by Sean Ashcroft (Mining Digital.com – September 30, 2024)

https://miningdigital.com/

Major diversified miners including Rio Tinto, BHP Group & Glencore are feeling the pressure of a slowdown in global economic growth and declining commerce

Some of the world’s biggest mining companies are struggling to balance investor expectations for hefty returns against the necessity of paying a premium to acquire pure-play copper companies. The challenge comes as global demand for the metal drives valuations to new heights, reports Reuters.

Major diversified miners, including Rio Tinto, BHP Group, and Glencore, are feeling the pressure of a slowdown in global economic growth and declining commodity prices. These factors have led to a significant decrease in their share prices, ranging from 10% to 15% this year.

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Indigenous Group Takes Fight Against Rio Tinto Arizona Copper Mine to US Supreme Court – by Ernest Scheyder (U.S. News/Reuters – September 11, 2024)

https://www.usnews.com/

Apache Stronghold, a nonprofit group comprised of Arizona’s San Carlos Apache tribe and conservationists, asked the court to overturn a March ruling from a sharply divided San Francisco-based 9th U.S. Circuit Court of Appeals allowing the federal government to swap acreage with the mining companies for their Resolution Copper project.

The appeal to the nine justices was delivered in person by a courier after the Apache held a ceremony of prayer and dancing on the court’s steps in Washington, the culmination of a months-long caravan from their Arizona reservation to the capital.

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Major potash miner turning to AI and automation to improve operations – by Michael Joel-Hansen (Saskatoon Star Phoenix – September 9, 2024)

https://thestarphoenix.com/

Nutrien has developed technology that allows for mining machines to be operated remotely

The potash industry has undergone many changes over the decades in Saskatchewan. It has grown exponentially since it began developing in the 1950s and has continued to expand as global population growth increased the demand for fertilizer, an important component of which is potash.

As that demand has steadily increased, Saskatoon-based Nutrien Ltd., the world’s largest potash producer, has been working to make its operations more efficient while also improving safety.

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