BHP flags US$2.3b impairment as Jansen costs climb

By Chloe Coutinho

Friday, 19 June 2026

InternationalNews

BHP (ASX: BHP) has flagged a US$2.3b impairment from its Jansen potash project in Canada after costs for Stage 2 increased to US$6.9b.

The MOU supports Metallium’s plan to develop a national network of e-waste processing facilities, strategically located near major e-waste collection hubs, rapidly expanding U.S. data centre industrial parks and regional industrial corridors with strong logistics and waste generation.

BHP names new chief executive

DevelopmentsInternationalNews

BHP names new chief executive

MIKE Henry will replace Andrew Mackenzie as chief executive of BHP on January 1, 2020. Canadian-born with Japanese heritage on his mother’s side, Mr Henry joined BHP in 2003 to work on a range of marketing roles, and in trading a range of mineral and petroleum commodities while based in The Hague. He brings more than 30 years experience, and has been on BHP’s executive leadership team since 2011. He was appointed to his current role as president operational minerals Australia in 2016, covering iron ore, coal, copper and nickel assets. Mr Henry delivered major projects such as South Flank iron ore in the Pilbara, implemented BHP’s first full-scale autonomous haulage system at Jimblebar, and has overseen the turnaround of...

Gold price shines

InternationalNews

Gold price shines

Gold price shines THE price of gold on international spot markets has risen above US$1600/oz, marking its highest level since March 2013, on gathering concerns about weakening economic conditions in China. Gold was trading at US$1601/oz at 11.30 am Western Standard Time, Wednesday, according to gold analysis website Kitco. Investor sentiment around gold turned bullish in early 2020, with the price of gold taking off from its US$1480/oz launchpad at Christmastime 2019. Iconic technology company Apple issued a business revenue warning during the US stock market’s Tuesday trading session. In a quarterly update to investors, the technology company said concerns around the Covid-19 virus outbreak in China is affecting business conditions there. “Work is starting to resume around the country...

Japan and South Korea accelerate nuclear growth

InternationalNews

Japan and South Korea accelerate nuclear growth

The Middle East conflict is reinforcing energy security as a central pillar of power planning in Japan and South Korea.

Rio Tinto says activities will take place in parallel with ongoing collaboration with local communities and Native American Tribes as well as state-level permitting.

InternationalNews

Rio, BHP-backed US copper project clears major legal hurdle

Resolution Copper will move into its next phase after a lengthy legal battle over the transfer of land in Arizona came to an end.

Kwinana lithium hydroxide production declined to 2120kt in Q2.

NewsProjects & Operations

IGO: ‘No pathway’ for Kwinana even as lithium rebounds

A recovery in lithium prices has strengthened IGO’s (ASX: IGO) Greenbushes operation, but the miner says Kwinana remains a high-cost asset with “no pathway” to appropriate returns.

The expertise of geoscience professionals is a key enabler for governments, industry and community as they seek to capture new value across the minerals value chain.

AusIMM brings International Mining Geology Conference 2026 to Brisbane

AusIMM will host the International Mining Geology Conference 2026 on April 21–22, 2026 at the Brisbane Convention and Exhibition Centre, bringing together mining geology professionals, researchers and decision-makers from across the globe.

Northern Minerals is advancing the ~$600m Browns Range project in far northeast WA, a critical project in Australia’s push to diversify the global rare earths supply chain.

InternationalNews

Northern Minerals delays AGM amid foreign investor sell-down

Northern Minerals has been granted more time to hold its 2025 annual general meeting (AGM) as it waits for six foreign investors to comply with Federal Government disposal orders.

Onslow Iron remains on track to hit nameplate capacity at the back end of Q1 FY26.

MinRes meets the mark in Q4

MinRes meets the mark in Q4 Mineral Resources (ASX: MIN) met FY25 production guidance across its iron ore and lithium operations amidst significant leadership transition. FY25 production volumes were 280mt, up 11mt year on year, and at the lower end of the guidance range (280 – 300mt). During the quarter, the MinRes board appointed Malcolm Bundey as an independent non-executive director. Mr Bundey assumed the position of chair on July 1, with an immediate focus on continued board renewal, strengthening governance, Onslow Iron and balance sheet repair. This follows the announcement in late 2024 that Chris Ellison would step down...