BHP, Farady Copper ink San Manuel deal

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BHP, through a wholly owned subsidiary, has executed definitive agreements with Faraday Copper, relating to Faraday’s acquisition of BHP’s San Manuel property in Arizona. Under the terms, upon completion of the transaction, BHP will hold shares representing a 30% fully diluted equity stake in Faraday. This includes related shareholder and offtake rights, and BHP also has the option to participate…

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BHP changes leadership, splits Americas role

BHP

BHP announced several changes to the executive leadership team, including splitting the President Americas role into president North America and president South America to allow for a greater focus on each region.  Jessica Farrell, current vice president of Innovation, has been appointed president North America, effective July 1. She will also serve as interim president South America while the recruitment…

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BHP, BOTON to advance innovative, sustainable conveyors

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Global miner BHP and Chinese conveyor service provider Wuxi BOTON Technology have agreed to broaden an existing partnership beyond product supply to include joint technology development, support for lower carbon operations, and enhanced global service capabilities. “This agreement taps the strength of our long-standing partnership with BOTON and our shared focus on innovation, safety and sustainability,” said BHP Chief Commercial…

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Resolution Copper land swap finalized

Resolution Copper, a joint venture owned by BHP (45%) and Rio Tinto (55%), and the United States Forest Service (USFS) have completed a federal land exchange in Arizona, enabling the next phase of technical work and development planning for the Resolution Copper project, one of the most significant undeveloped copper resources in the United States. “The land exchange is an…

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Embracing AI

Image: Generated with Gemini

The technology is no longer a future concept for global miner BHP, as it finds practical ways to apply it along the mining value chain. Edited by Josephine Patterson BHP recently announced that artificial intelligence is increasingly influencing its operations, as the global miner seeks practical ways to enhance safety, reliability and performance while addressing the growing demand for critical…

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Faraday Copper in talks for BHP mine in Arizona

Faraday Copper and a BHP subsidiary have signed a non-binding letter of intent to explore a potential transaction whereby Faraday would acquire BHP’s San Manuel property in Arizona.  In exchange, BHP would receive a 30% interest in the equity of Faraday, and commensurate shareholder and marketing rights. Additionally, BHP agreed to participate in any equity raise by Faraday, over two…

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Supreme Court refusal moves Resolution project forward

The U.S. Supreme Court has declined to hear a Native American group’s case to block a land swap for the Resolution Copper project in Arizona, reported Reuters. The government is now free to start a process that would give Rio Tinto and BHP access to the land. The justices turned away the appeal by nonprofit Apache Stronghold, which argued that…

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Rio Tinto land exchange halted by judge

A U.S. federal judge has temporarily blocked the Trump administration from transferring land to Rio Tinto and BHP for their Resolution copper mine in Arizona, citing the Supreme Court’s ongoing deliberations in the complex case, reported Reuters. In an 18-page order, U.S. District Judge Steven Logan said the nonprofit Apache Stronghold was likely to succeed in its appeal to the…

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