Mining billionaire Andrew Forrest’s Fortescue will slash 700 jobs,as the company tempers its ambition to be a major producer of the clean fuel hydrogen.
A “blockbuster” trial due to start in October will expose evidence of deliberate decisions made by BHP up to board level to prioritise profit over safety,a lawyer says.
BHP has promised to offer redeployment to 1600 front-line staff after closing its WA nickel despite help offered by the state and federal governments.
Red Metal’s metallurgical testwork has given a green light to the rare earths at its Sybella play near Mt Isa,boosting hopes for a potential mining operation.
BHP is reducing emissions by buying renewable energy,electrifying its diesel-guzzling fleet of mining vehicles and cutting fugitive coal mine methane emissions.
A rescuer needed rescuing after a safety drill went badly wrong at BHP’s Leinster underground mine,leaving a miner dangling over a 150-metre deep shaft.
A former local returns to the small NSW town of Muswellbrook,where he finds an expanded open-cut mining sector,a hollowed-out community and dust – everywhere.
The Australian sharemarket slid on Tuesday,reflecting a mixed trading session on Wall Street after a US manufacturing report suggested its economy is slowing.
The Australian sharemarket fell for a third consecutive trading session to a one-month low,as investors sold off equities amid concerns persistently high inflation would prompt the Reserve Bank to keep interest rates high for longer.
Anglo American’s refusal to engage with BHP forced the world’s largest miner to abandon its $74 billion mega-deal.
BHP has abandoned its six-week pursuit of rival Anglo American after a plea to extend takeover talks was turned down.