Core Insights - BHP Group's iron ore production increased by 1% year over year to 66.2 million tons (Mt) in Q2 of fiscal 2025, with total production for the first half reaching 130.9 Mt, also up 1% from the previous year [1][3] - The company maintained its iron ore production guidance for fiscal 2025 at 255-265.5 Mt, with expectations for Western Australia Iron Ore (WAIO) to be in the upper half of the range [2] - BHP's copper production rose significantly, with a 17% year-over-year increase to 510.7 thousand tons (kt) in Q2, and a total of 987 kt for the first half, marking a 10% increase [5][9] Iron Ore Production - WAIO's iron ore production was up 1% to 128 Mt in the first half of fiscal 2025, driven by strong supply-chain performance and record volumes at the Central Pilbara hub [3] - Samarco's iron ore production increased by 9% to 2.8 Mt in the first half of fiscal 2025, attributed to the early resumption of Pelletizing Plant No. 4 [4] Copper Production - Copper production at Escondida increased by 22% year over year to 644 kt in the first half of fiscal 2025, while Pampa Norte's output decreased by 9% due to lower cathode production [6][7] - Production from Copper South Australia was reported at 145 kt, down 2% year over year, impacted by a weather-related power outage [8] Coal Production - Energy coal production decreased by 4% year over year to 3.7 Mt in Q2, while steelmaking coal production fell by 23% to 4.4 Mt [10] - For the first half of fiscal 2025, steelmaking coal production was down 21% to 8.9 Mt, but excluding divested volumes, it was up 14% year over year [11] Price Trends - Average realized prices for iron ore dropped by 22% year over year to $81.11 per ton, while copper prices increased by 9% to $3.99 per pound [13] Peer Performance - Rio Tinto reported a 1% decline in iron ore production to 86.5 Mt for Q4 of 2024, with total output for the year at 328 Mt, also down 1% [14][15]

Core Points - BHP and Carlton Trail College have launched the BHP Potash Academy to train new entrants in the mining industry [1][5] - The inaugural cohort consists of 13 trainees who will begin their training on January 20, 2025 [1][2] - The program is an eight-month paid traineeship focused on production and maintenance technician roles at the Jansen mine site [2][3] Program Details - The training includes a combination of classroom learning, theory, and practical workshop experience [3] - Trainees will receive a Certificate in Mining Essentials and an Applied Certificate in Industrial Mechanics upon completion [3] - Successful trainees will secure permanent, full-time employment at the Jansen mine site [3] Partnership Significance - The partnership aims to bridge the gap between workforce needs and educational training [5] - It is part of a long-term collaboration between BHP and Carlton Trail College, which has previously provided pre-apprenticeship training [5] - The initiative is expected to contribute to economic growth and workforce development in the region [4][5] Workforce Opportunities - BHP anticipates around 5,500 workforce opportunities during the construction phase of the Jansen mine [6] - Once operational, the mine is expected to create approximately 900 long-term jobs [6]

Ivanhoe Electric and BHP Exploration Alliance Advance Exploration Activities in the Southwest United StatesJanuary 07, 2025 7:00 AM EST | Source: Ivanhoe ElectricA New Generation Typhoon™ Unit Dedicated to the Exploration Alliance is Conducting its First Survey in ArizonaPhoenix, Arizona--(Newsfile Corp. - January 7, 2025) - Ivanhoe Electric Inc. (NYSE American: IE) (TSX: IE) ("Ivanhoe Electric") Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pl ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:BHP Group Limited (BHP) is a resources company. The Zacks Consensus Estimate for its current year earnings has been revised 5.9% downward over the last 60 days.Douglas Dynamics, Inc. (PLOW) is a work truck equipment manufacturer and upfitter company. The Zacks Consensus Estimate for its current year earnings has been revised 11.1% downward over the last 60 days.Helios Technologies, Inc. (HLIO) is a motion control and electronic contro ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Closes acquisition of the CentroGold Project in Brazil's prospective Gurupi Gold Belt from BHP CentroGold contains 1.7 million ounces of indicated and 0.6 million ounces of inferred JORC-compliant gold resource that is open for expansion in all directions and at depth District-scale land package comprises 47 tenements covering ~1,900 km2 and offers potential for multiple new discoveries Accretive transaction adds to GMIN's project pipeline with no upfront cost Appointment of Vincent Benoit, Managing Partne ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:ICON (ICLR) is a provider of outsourced development and services to pharmaceutical, biotechnology, medical device and government and public health organizations. The Zacks Consensus Estimate for its current year earnings has been revised 7.3% downward over the last 60 days.BHP Group Limited (BHP) is one of the world's largest diversified resource companies with operations across several continents. The Zacks Consensus Estimate for its ...

. . . Mundoro Announces New Targets for Drill Testing on BHP-Mundoro Project in Timok, Serbia October 30, 2024 6:00 AM EDT | Source: Mundoro Capital Inc. Vancouver, British Columbia--(Newsfile Corp. - October 30, 2024) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) (www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce that its exploration campaign on the Trstenik project, in which BHP Exploration is earning an interest and providing sole funding, has advanced five prospective porphyry exp ...

Editor's note: Seeking Alpha is proud to welcome OBA Advisors as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access.OBA Advisors provides corporate services for (a) overseas entrepreneurs doing business in Hong Kong-GBA and (b) GBA entrepreneurs doing business in ASEAN countries. The firm is a proprietary concern and manages its own investment. The principa ...

BHP Group (BHP) announced that its iron ore production rose 2% year over year to 64.6 Mt in the first quarter of fiscal 2025 (ended Sept. 30, 2024). This was attributed to an increase in production at Western Australia Iron Ore (WAIO) following the commissioning of the Port Debottlenecking Project and completion of the South Flank ramp-up. Iron ore production at Samarco increased 4% in the quarter due to the early resumption of Pelletizing Plant No. 4. BHP's iron ore production guidance for fiscal 2025 rema ...