DIVERSIFIED MINER

Mining major BHP on Wednesday announced that some A$25-million of the A$50-million set aside for its Vital Resources Fund since it was established in late March has over the past six weeks been committed to organisations and programmes across Australia…

Teck Resources has been targeted by a hedge fund shareholder that’s pushing the underperforming Canadian miner to divest its energy and coal businesses and consider replacing long-standing CEO Don Lindsay.

Tribeca Investment Partners said making those…

Mining major BHP is continuing its battle against the Covid-29 pandemic, pledging A$3-million to the prevention and treatment of the virus through support for two research institutions based in Australia.

BHP on Wednesday said that its Foundation woul…

Canada’s largest diversified miner, Teck Resources, on Tuesday posted an 84% drop in first-quarter profit, as the coronavirus pandemic hit prices hard for the commodities that the miner produces.

The TSX- and NYSE-listed company reported adjusted prof…

Diversified giant BHP on Tuesday reported that it was reviewing the scheduling of two of its major projects following the emergence of the Covid-19 pandemic.

BHP told shareholders that the schedule for the $2.46-billion Spence Growth Option, at the Sp…

Major Rio Tinto has introduced additional measures to contain the spread of Covid-19 to its Western Australian operations, starting rapid screening trials at the Perth Airport and at its nearby Operations Center. The new screening will form part of an …

Diversified miner BHP has established a $25-million fund to aid contractors in Chile after the miner was forced to progressively reduce the number of contractors at its operations amid the Covid-19 pandemic.

The miner has limited the number of employe…

Triple-listed diversified miner South32 has suspended the remaining $121-million of its current on-market share buy-back programme and has lowered its sustaining capital expenditure (capex) guidance for the 2020 financial year to $500-million as the mi…

Brazilian miner Vale on Friday cut its forecast for production of iron ore fines and pellets, copper and nickel in 2020, saying in a securities filing that the new coronavirus outbreak was delaying some facilities from reopening.

Vale reduced its fore…

Diversified major Rio Tinto on Friday announced that it will cut its capital expenditure by some $2-billion in the wake of the Covid-19 pandemic, while also lowering its copper production guidance for the full year.

The miner told shareholders that ca…