mining Tag

BHP has signed an agreement with the Australian Tax Office (ATO) to settle a long-running dispute over the sale of its goods through its Singapore-based business. The mining giant will pay a total of AUS$529 million in additional taxes on income generated between 2003 and 2018....

US-based lithium producer Albemarle Corp has received state environmental approval for its AUS$1 billion Kemerton lithium plant in Western Australia, which is set to create 500 construction jobs and another 500 permanent positions. “I’m pleased to see this project progressing, following my positive discussions with Albemarle’s...

BHP will pay out a massive AUS$14.7 billion to its shareholders through a special dividend and share buyback, after completing the sale of its remaining onshore US shale oil and gas assets. The world’s biggest mining company announced this week that it had finalised the sale...

BHP has paid around AUS$84 million to increase its stake in Ecuador-focused gold miner SolGold to 11.2%, rivalling the 14.5% stake held by Australia’s largest listed gold firm Newcrest Mining. The latest investment nearly doubles BHP’s ownership in SolGold, after the world’s biggest miner first bought...

Australian gold producer Evolution Mining has released an updated corporate presentation for its Mungari gold mine while an institutional investors and analyst site visit takes place today. The presentation outlines Mungari’s importance within Evolution’s production portfolio, which includes a total of five operations across Queensland, New...