Andrew Mackenzie
World's biggest miner BHP posts soaring second half profit
Mining giant BHP Billiton reported yesterday a dramatic rebound in half-yearly profits on the back of soaring iron ore prices and improved productivity.
The underlying profit of $3.2 billion and earnings before tax of $9.9 billion for the last six months of 2016 exceeded expectations.
Dam burst at Vale, BHP mine devastates Brazilian town
A dam holding back waste water from an iron ore mine in Brazil that is owned by Vale and BHP Billiton burst on Nov. 5, devastating a nearby town with mudslides and leaving officials in the remote region scrambling to assess casualties.