BHP has voted to stay in the Minerals Council of Australia.
Environmental Change and Security Program/Flickr
Despite voting to remain a member of an Australian coal lobby group, there are growing divisions between fossil fuel extractors and the larger energy industry.
A breakthrough resolution on Rio Tinto’s climate stance has received a strong vote at the company’s AGM.
AAP Image/Andy Brownbill
The shareholder resolution on climate change at Rio Tinto’s AGM is another indication of how much investor culture is tilting towards demanding that companies take a responsible climate stance.
BHP will go back to the future following the move to ditch “Billiton” from it’s name.
BHP’s rebrand is unlikely to affect the bottom line, research shows. But if it improves relations with politicians and voters, it would still be a success.
More than A$72 billion has been paid in dividends in 2016-17.
Rather than lifting investment, Australian businesses have chosen to return cash to shareholders in the form of record dividends and share buybacks.
Former Treasurer Wayne Swan has set his sights on BHP’s tax practices.
Transfer pricing is a common form of legal tax avoidance, and it’s costing governments millions.
BHP Billiton is reporting details of its tax thanks to new UK regulations, however its still not completely transparent.
A number of Australian companies have released tax reports to the public in a bid to show transparency, however those reports are still incomplete.
There are short term signs that the most recent downturn in commodities may not last so long.
The mining industry is more resilient because of the recent downturn and it will be global supply and demand that will affect these companies in the future.
The mining sector is facing one of its toughest periods and large miners like BHP and Rio Tinto are not immune.
Increased competition and weak commodities prices will pressure to the mining sector to cut costs.
The destruction caused by a dam collapse at the Samarco dam caused public outcry.
Research indicates that senior corporate leaders largely escape negative consequences when their companies are involved in environmental breaches.
BHP chief Andrew Mackenzie took over from Marius Kloppers in 2013.
BHP’s board has navigated well through mining’s highs and lows and still passed the shareholder value test.
BHP chairman Jac Nasser says this year will be one of BHP’s most difficult.
With costs set to run into the billions, the Samarco mine disaster will hang over BHP for some time to come.
Rescue workers remove a body from the banks of the Rio Doce, the site of the Samarco dam burst.
How culpable should BHP executives be for the deaths caused by the Samarco dam burst disaster in Brazil?
A view from above the burst Samarco dam in Brazil.
Six people are dead and more than 20 missing following the Samarco mine disaster in Brazil. But in the rush to blame we must consider the complexity of such failures.
Prevailing commentary that the future of the Australian coal sector is secure ignores some key trends.
Only a few coal producers are undertaking risk assessments about the danger of coal assets becoming “stranded”, or unviable.
Recovery efforts are underway in Bentos Rodrigues district in Brazil’s Minas Gerais state.
BHP and Vale are under intense scrutiny following the failure of two dams associated with a joint venture iron ore mine in Brazil. It is believed 28 people have died.
BHP Billiton’s Andrew Mackenzie said his firm has an effective tax rate of 45%.
AAP Image/Tracey Nearmy
BHP Billiton’s Andrew Mackenzie says his firm is Australia’s largest taxpayer, pays an average of $8 - $10 billion of tax in Australia every year and has an effective tax rate of 45%. Is that right?
Fortescue’s Andrew “Twiggy” Forrest says BHP Billiton and Rio Tinto have flooded the market.
AAP Image/Tony McDonough
High cost iron ore producers should either reduce their costs or leave the market if they cannot compete.
Prime Minister Tony Abbott says an inquiry into iron ore competition “could make sense”.
While it’s easy for the large miners to argue increased iron ore production is business as usual, the overall cost to the sector warrants a closer inspection.
A US Supreme Court decision last week damaged the legal options for holding corporations to account for human rights and environmental abuses.
The US Supreme Court has handed down a landmark decision that will have drawn sighs of relief from corporate boardrooms in Australia and around the world. Kiobel v. Royal Dutch Petroleum was brought by…
Outgoing BHP Billiton CEO Marius Kloppers shakes hands with his successor, Andrew Mackenzie.
The board of BHP Billiton Limited today announced the retirement of chief executive officer and inside director Marius Kloppers. Dr Kloppers is a 20-year veteran of the company, serving 12 years as a senior…