Mining giant BHP Billiton has been ordered to pay more than $400,000 in fines and compensation over the death of one of its workers in “foreseeable” circumstances at the Olympic Dam mine in 2015.
BHP Billiton chairman Jac Nasser will step down next year after more than 10 years on the board of the resources giant.
BHP Billiton has reaffirmed its full-year production guidance across all its segments, other than copper, as it sees early signs of a recovery in the commodities markets.
Shares in BHP Billiton have run up more than 2 per cent on the ASX despite the mining giant reporting a record full-year loss of $US6.39 billion ($A8.29 billion).