BHP Group Ltd - 6-K (2026-10-21)

Original announcement by sec_edgar on

Company
BHP Group Limited
Ticker
BHP
Exchange
NYSE
Region
South Australia
Primary commodity
Copper
Secondary commodities
Uranium, Gold, Silver, Iron ore, Steelmaking coal, Energy coal, Zinc, Lead, Molybdenum
Document categories
Resource update, Production, Agreement transaction
Extracted
2026-10-21 11:22:31 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

BHP Group Limited reported its operational review for Q1 FY27, highlighting a decrease in copper production due to planned lower grades and operational disruptions, while bulk commodities showed a strong start. The company also announced a significant increase to the Olympic Dam mineral resource base with a new underground block cave resource, adding substantial copper, uranium, gold, and silver tonnes, although existing resources and reserves remain unchanged. Additionally, BHP progressed strategic partnerships and project funding for future growth initiatives.

Reasoning: The announcement introduces a significant new underground block cave mineral resource for Olympic Dam, adding substantial tonnes of copper, uranium, gold, and silver, which enhances the project's long-term potential. While existing resources and reserves are re-stated as unchanged, the addition of this new resource is a material positive development for the project's future.

Positive factors

  • New large block cave resource
  • JORC Compliant
  • QP/CP Signed
  • Multi-commodity
  • Supports future mining options

Negative factors

  • SLOS resource and all reserves are unchanged (low novelty for these parts)
  • Block cave resource is early stage and not yet converted to reserves
  • Variable cut-off grades for SLOS and reserves

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 40

Extracted facts

Stored fact records: 40. Some facts used in scoring do not have a stored record.

Resource Estimates (40)

measuredOlympic Dam · copperTonnes: 4000000000Grade: 0.61Grade Unit: %View all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
copper
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:9942471ef7428a610e45
Deposit or zone
UG Sulphide (Block Cave)
Mining method
underground
Material type
sulphide

Resource Data

Category
measured
Tonnes
4000000000
Grade
0.61
Grade Unit
%
Cutoff Grade
0.35
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This represents a new Measured copper resource for the Olympic Dam Block Cave, contributing significantly to the overall resource base with high confidence.

Positive factors

  • New large block cave resource
  • Measured Resource
  • High confidence category
  • JORC Compliant
  • QP/CP Signed

Evidence · table

“0.61”

Context: 4,000

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

measuredOlympic Dam · uraniumTonnes: 4000000000Grade: 0.19Grade Unit: kg/tView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
uranium
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:9942471ef7428a610e45
Deposit or zone
UG Sulphide (Block Cave)
Mining method
underground
Material type
sulphide

Resource Data

Category
measured
Tonnes
4000000000
Grade
0.19
Grade Unit
kg/t
Cutoff Grade
0.35
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This represents a new Measured uranium resource for the Olympic Dam Block Cave, contributing significantly to the overall resource base with high confidence.

Positive factors

  • New large block cave resource
  • Measured Resource
  • High confidence category
  • JORC Compliant
  • QP/CP Signed

Evidence · table

“0.19”

Context: 4,000

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

measuredOlympic Dam · goldTonnes: 4000000000Grade: 0.21Grade Unit: g/tView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
gold
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:9942471ef7428a610e45
Deposit or zone
UG Sulphide (Block Cave)
Mining method
underground
Material type
sulphide

Resource Data

Category
measured
Tonnes
4000000000
Grade
0.21
Grade Unit
g/t
Cutoff Grade
0.35
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This represents a new Measured gold resource for the Olympic Dam Block Cave, contributing to the overall resource base with high confidence.

Positive factors

  • New large block cave resource
  • Measured Resource
  • High confidence category
  • JORC Compliant
  • QP/CP Signed

Evidence · table

“0.21”

Context: 4,000

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

measuredOlympic Dam · silverTonnes: 4000000000Grade: 1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
silver
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:9942471ef7428a610e45
Deposit or zone
UG Sulphide (Block Cave)
Mining method
underground
Material type
sulphide

Resource Data

Category
measured
Tonnes
4000000000
Grade
1
Grade Unit
g/t
Cutoff Grade
0.35
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This represents a new Measured silver resource for the Olympic Dam Block Cave, contributing to the overall resource base with high confidence.

Positive factors

  • New large block cave resource
  • Measured Resource
  • High confidence category
  • JORC Compliant
  • QP/CP Signed

Evidence · table

“1”

Context: 4,000

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

indicatedOlympic Dam · copperTonnes: 4130000000Grade: 0.57Grade Unit: %View all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
copper
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:aa91e3bb0a574f38e6e1
Deposit or zone
UG Sulphide (Block Cave)
Mining method
underground
Material type
sulphide

Resource Data

Category
indicated
Tonnes
4130000000
Grade
0.57
Grade Unit
%
Cutoff Grade
0.35
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This represents a new Indicated copper resource for the Olympic Dam Block Cave, contributing significantly to the overall resource base with high confidence.

Positive factors

  • New large block cave resource
  • Indicated Resource
  • JORC Compliant
  • QP/CP Signed

Evidence · table

“0.57”

Context: 4,130

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

indicatedOlympic Dam · uraniumTonnes: 4130000000Grade: 0.18Grade Unit: kg/tView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
uranium
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:aa91e3bb0a574f38e6e1
Deposit or zone
UG Sulphide (Block Cave)
Mining method
underground
Material type
sulphide

Resource Data

Category
indicated
Tonnes
4130000000
Grade
0.18
Grade Unit
kg/t
Cutoff Grade
0.35
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This represents a new Indicated uranium resource for the Olympic Dam Block Cave, contributing significantly to the overall resource base with high confidence.

Positive factors

  • New large block cave resource
  • Indicated Resource
  • JORC Compliant
  • QP/CP Signed

Evidence · table

“0.18”

Context: 4,130

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

indicatedOlympic Dam · goldTonnes: 4130000000Grade: 0.21Grade Unit: g/tView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
gold
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:aa91e3bb0a574f38e6e1
Deposit or zone
UG Sulphide (Block Cave)
Mining method
underground
Material type
sulphide

Resource Data

Category
indicated
Tonnes
4130000000
Grade
0.21
Grade Unit
g/t
Cutoff Grade
0.35
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This represents a new Indicated gold resource for the Olympic Dam Block Cave, contributing to the overall resource base with high confidence.

Positive factors

  • New large block cave resource
  • Indicated Resource
  • JORC Compliant
  • QP/CP Signed

Evidence · table

“0.21”

Context: 4,130

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

indicatedOlympic Dam · silverTonnes: 4130000000Grade: 1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
silver
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:aa91e3bb0a574f38e6e1
Deposit or zone
UG Sulphide (Block Cave)
Mining method
underground
Material type
sulphide

Resource Data

Category
indicated
Tonnes
4130000000
Grade
1
Grade Unit
g/t
Cutoff Grade
0.35
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This represents a new Indicated silver resource for the Olympic Dam Block Cave, contributing to the overall resource base with high confidence.

Positive factors

  • New large block cave resource
  • Indicated Resource
  • JORC Compliant
  • QP/CP Signed

Evidence · table

“1”

Context: 4,130

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

inferredOlympic Dam · copperTonnes: 2600000000Grade: 0.6Grade Unit: %View all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
copper
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:bfd06258cddc38c4978b
Deposit or zone
UG Sulphide (Block Cave)
Mining method
underground
Material type
sulphide

Resource Data

Category
inferred
Tonnes
2600000000
Grade
0.6
Grade Unit
%
Cutoff Grade
0.35
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This represents a new Inferred copper resource for the Olympic Dam Block Cave, contributing significantly to the overall resource base, though with lower confidence due to its inferred category.

Positive factors

  • New large block cave resource
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource

Evidence · table

“0.60”

Context: 2,600

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

inferredOlympic Dam · uraniumTonnes: 2600000000Grade: 0.19Grade Unit: kg/tView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
uranium
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:bfd06258cddc38c4978b
Deposit or zone
UG Sulphide (Block Cave)
Mining method
underground
Material type
sulphide

Resource Data

Category
inferred
Tonnes
2600000000
Grade
0.19
Grade Unit
kg/t
Cutoff Grade
0.35
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This represents a new Inferred uranium resource for the Olympic Dam Block Cave, contributing significantly to the overall resource base, though with lower confidence due to its inferred category.

Positive factors

  • New large block cave resource
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource

Evidence · table

“0.19”

Context: 2,600

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

inferredOlympic Dam · goldTonnes: 2600000000Grade: 0.23Grade Unit: g/tView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
gold
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:bfd06258cddc38c4978b
Deposit or zone
UG Sulphide (Block Cave)
Mining method
underground
Material type
sulphide

Resource Data

Category
inferred
Tonnes
2600000000
Grade
0.23
Grade Unit
g/t
Cutoff Grade
0.35
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This represents a new Inferred gold resource for the Olympic Dam Block Cave, contributing to the overall resource base, though with lower confidence due to its inferred category.

Positive factors

  • New large block cave resource
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource

Evidence · table

“0.23”

Context: 2,600

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

inferredOlympic Dam · silverTonnes: 2600000000Grade: 1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
silver
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:bfd06258cddc38c4978b
Deposit or zone
UG Sulphide (Block Cave)
Mining method
underground
Material type
sulphide

Resource Data

Category
inferred
Tonnes
2600000000
Grade
1
Grade Unit
g/t
Cutoff Grade
0.35
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This represents a new Inferred silver resource for the Olympic Dam Block Cave, contributing to the overall resource base, though with lower confidence due to its inferred category.

Positive factors

  • New large block cave resource
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource

Evidence · table

“1”

Context: 2,600

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

measuredOlympic Dam · copperTonnes: 840000000Grade: 1.59Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
copper
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:448c844b4a5239a25481
Deposit or zone
UG Sulphide (SLOS)
Material type
sulphide

Resource Data

Category
measured
Tonnes
840000000
Grade
1.59
Grade Unit
%
Cutoff Grade
0.6
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Measured copper resource for the Olympic Dam SLOS is re-stated as unchanged from the prior report, indicating low novelty but high confidence.

Positive factors

  • Measured Resource
  • High confidence category
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“1.59”

Context: 840

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

measuredOlympic Dam · uraniumTonnes: 840000000Grade: 0.47Grade Unit: kg/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
uranium
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:448c844b4a5239a25481
Deposit or zone
UG Sulphide (SLOS)
Material type
sulphide

Resource Data

Category
measured
Tonnes
840000000
Grade
0.47
Grade Unit
kg/t
Cutoff Grade
0.6
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Measured uranium resource for the Olympic Dam SLOS is re-stated as unchanged from the prior report, indicating low novelty but high confidence.

Positive factors

  • Measured Resource
  • High confidence category
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“0.47”

Context: 840

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

measuredOlympic Dam · goldTonnes: 840000000Grade: 0.62Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
gold
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:448c844b4a5239a25481
Deposit or zone
UG Sulphide (SLOS)
Material type
sulphide

Resource Data

Category
measured
Tonnes
840000000
Grade
0.62
Grade Unit
g/t
Cutoff Grade
0.6
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Measured gold resource for the Olympic Dam SLOS is re-stated as unchanged from the prior report, indicating low novelty but high confidence.

Positive factors

  • Measured Resource
  • High confidence category
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“0.62”

Context: 840

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

measuredOlympic Dam · silverTonnes: 840000000Grade: 3Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
silver
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:448c844b4a5239a25481
Deposit or zone
UG Sulphide (SLOS)
Material type
sulphide

Resource Data

Category
measured
Tonnes
840000000
Grade
3
Grade Unit
g/t
Cutoff Grade
0.6
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Measured silver resource for the Olympic Dam SLOS is re-stated as unchanged from the prior report, indicating low novelty but high confidence.

Positive factors

  • Measured Resource
  • High confidence category
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“3”

Context: 840

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

indicatedOlympic Dam · copperTonnes: 540000000Grade: 1.56Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
copper
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:606cc35a59503b20ee3f
Deposit or zone
UG Sulphide (SLOS)
Material type
sulphide

Resource Data

Category
indicated
Tonnes
540000000
Grade
1.56
Grade Unit
%
Cutoff Grade
0.6
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Indicated copper resource for the Olympic Dam SLOS is re-stated as unchanged from the prior report, indicating low novelty but good confidence.

Positive factors

  • Indicated Resource
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“1.56”

Context: 540

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

indicatedOlympic Dam · uraniumTonnes: 540000000Grade: 0.45Grade Unit: kg/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
uranium
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:606cc35a59503b20ee3f
Deposit or zone
UG Sulphide (SLOS)
Material type
sulphide

Resource Data

Category
indicated
Tonnes
540000000
Grade
0.45
Grade Unit
kg/t
Cutoff Grade
0.6
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Indicated uranium resource for the Olympic Dam SLOS is re-stated as unchanged from the prior report, indicating low novelty but good confidence.

Positive factors

  • Indicated Resource
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“0.45”

Context: 540

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

indicatedOlympic Dam · goldTonnes: 540000000Grade: 0.57Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
gold
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:606cc35a59503b20ee3f
Deposit or zone
UG Sulphide (SLOS)
Material type
sulphide

Resource Data

Category
indicated
Tonnes
540000000
Grade
0.57
Grade Unit
g/t
Cutoff Grade
0.6
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Indicated gold resource for the Olympic Dam SLOS is re-stated as unchanged from the prior report, indicating low novelty but good confidence.

Positive factors

  • Indicated Resource
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“0.57”

Context: 540

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

indicatedOlympic Dam · silverTonnes: 540000000Grade: 3Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
silver
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:606cc35a59503b20ee3f
Deposit or zone
UG Sulphide (SLOS)
Material type
sulphide

Resource Data

Category
indicated
Tonnes
540000000
Grade
3
Grade Unit
g/t
Cutoff Grade
0.6
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Indicated silver resource for the Olympic Dam SLOS is re-stated as unchanged from the prior report, indicating low novelty but good confidence.

Positive factors

  • Indicated Resource
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“3”

Context: 540

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

inferredOlympic Dam · copperTonnes: 210000000Grade: 1.44Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
copper
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:b008386f6bde7e6f208c
Deposit or zone
UG Sulphide (SLOS)
Material type
sulphide

Resource Data

Category
inferred
Tonnes
210000000
Grade
1.44
Grade Unit
%
Cutoff Grade
0.6
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred copper resource for the Olympic Dam SLOS is re-stated as unchanged from the prior report, indicating low novelty and lower confidence due to its inferred category.

Positive factors

  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource
  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“1.44”

Context: 210

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

inferredOlympic Dam · uraniumTonnes: 210000000Grade: 0.42Grade Unit: kg/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
uranium
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:b008386f6bde7e6f208c
Deposit or zone
UG Sulphide (SLOS)
Material type
sulphide

Resource Data

Category
inferred
Tonnes
210000000
Grade
0.42
Grade Unit
kg/t
Cutoff Grade
0.6
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred uranium resource for the Olympic Dam SLOS is re-stated as unchanged from the prior report, indicating low novelty and lower confidence due to its inferred category.

Positive factors

  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource
  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“0.42”

Context: 210

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

inferredOlympic Dam · goldTonnes: 210000000Grade: 0.63Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
gold
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:b008386f6bde7e6f208c
Deposit or zone
UG Sulphide (SLOS)
Material type
sulphide

Resource Data

Category
inferred
Tonnes
210000000
Grade
0.63
Grade Unit
g/t
Cutoff Grade
0.6
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred gold resource for the Olympic Dam SLOS is re-stated as unchanged from the prior report, indicating low novelty and lower confidence due to its inferred category.

Positive factors

  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource
  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“0.63”

Context: 210

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

inferredOlympic Dam · silverTonnes: 210000000Grade: 3Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
silver
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:b008386f6bde7e6f208c
Deposit or zone
UG Sulphide (SLOS)
Material type
sulphide

Resource Data

Category
inferred
Tonnes
210000000
Grade
3
Grade Unit
g/t
Cutoff Grade
0.6
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-09-01

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Inferred silver resource for the Olympic Dam SLOS is re-stated as unchanged from the prior report, indicating low novelty and lower confidence due to its inferred category.

Positive factors

  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource
  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“3”

Context: 210

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

provenOlympic Dam · copperTonnes: 355000000Grade: 1.89Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
copper
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:ac17dc47af2e4776c30f
Deposit or zone
UG Sulphide
Material type
sulphide

Resource Data

Category
proven
Tonnes
355000000
Grade
1.89
Grade Unit
%
Cutoff Grade
1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Proven copper reserve for Olympic Dam is re-stated as unchanged from the prior report, indicating low novelty but high confidence.

Positive factors

  • Proven Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“1.89”

Context: 355

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

provenOlympic Dam · uraniumTonnes: 355000000Grade: 0.59Grade Unit: kg/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
uranium
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:ac17dc47af2e4776c30f
Deposit or zone
UG Sulphide
Material type
sulphide

Resource Data

Category
proven
Tonnes
355000000
Grade
0.59
Grade Unit
kg/t
Cutoff Grade
1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Proven uranium reserve for Olympic Dam is re-stated as unchanged from the prior report, indicating low novelty but high confidence.

Positive factors

  • Proven Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“0.59”

Context: 355

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

provenOlympic Dam · goldTonnes: 355000000Grade: 0.72Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
gold
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:ac17dc47af2e4776c30f
Deposit or zone
UG Sulphide
Material type
sulphide

Resource Data

Category
proven
Tonnes
355000000
Grade
0.72
Grade Unit
g/t
Cutoff Grade
1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Proven gold reserve for Olympic Dam is re-stated as unchanged from the prior report, indicating low novelty but high confidence.

Positive factors

  • Proven Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“0.72”

Context: 355

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

provenOlympic Dam · silverTonnes: 355000000Grade: 4Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
silver
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:e1c3278d3b8f4c1e1448
Material type
sulphide

Resource Data

Category
proven
Tonnes
355000000
Grade
4
Grade Unit
g/t
Cutoff Grade
1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Proven silver reserve for Olympic Dam is re-stated as unchanged from the prior report, indicating low novelty but high confidence.

Positive factors

  • Proven Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“4”

Context: 355

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

probableOlympic Dam · copperTonnes: 254000000Grade: 1.68Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
copper
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:de2357de325f50e7bba7
Deposit or zone
UG Sulphide
Material type
sulphide

Resource Data

Category
probable
Tonnes
254000000
Grade
1.68
Grade Unit
%
Cutoff Grade
1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Probable copper reserve for Olympic Dam is re-stated as unchanged from the prior report, indicating low novelty but good confidence.

Positive factors

  • Probable Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“1.68”

Context: 254

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

probableOlympic Dam · uraniumTonnes: 254000000Grade: 0.53Grade Unit: kg/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
uranium
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:de2357de325f50e7bba7
Deposit or zone
UG Sulphide
Material type
sulphide

Resource Data

Category
probable
Tonnes
254000000
Grade
0.53
Grade Unit
kg/t
Cutoff Grade
1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Probable uranium reserve for Olympic Dam is re-stated as unchanged from the prior report, indicating low novelty but good confidence.

Positive factors

  • Probable Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“0.53”

Context: 254

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

probableOlympic Dam · goldTonnes: 254000000Grade: 0.62Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
gold
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:de2357de325f50e7bba7
Deposit or zone
UG Sulphide
Material type
sulphide

Resource Data

Category
probable
Tonnes
254000000
Grade
0.62
Grade Unit
g/t
Cutoff Grade
1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Probable gold reserve for Olympic Dam is re-stated as unchanged from the prior report, indicating low novelty but good confidence.

Positive factors

  • Probable Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“0.62”

Context: 254

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

probableOlympic Dam · silverTonnes: 254000000Grade: 3Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
silver
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:de2357de325f50e7bba7
Deposit or zone
UG Sulphide
Material type
sulphide

Resource Data

Category
probable
Tonnes
254000000
Grade
3
Grade Unit
g/t
Cutoff Grade
1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Probable silver reserve for Olympic Dam is re-stated as unchanged from the prior report, indicating low novelty but good confidence.

Positive factors

  • Probable Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“3”

Context: 254

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

probableOlympic Dam · copperTonnes: 44000000Grade: 0.83Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
copper
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:a6b8e832e7f53e5f771c
Deposit or zone
Low grade
Material type
Low grade

Resource Data

Category
probable
Tonnes
44000000
Grade
0.83
Grade Unit
%
Cutoff Grade
0.6
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Probable copper reserve for Olympic Dam (Low grade) is re-stated as unchanged from the prior report, indicating low novelty but good confidence.

Positive factors

  • Probable Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“0.83”

Context: 44

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

probableOlympic Dam · uraniumTonnes: 44000000Grade: 0.28Grade Unit: kg/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
uranium
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:a6b8e832e7f53e5f771c
Deposit or zone
Low grade
Material type
Low grade

Resource Data

Category
probable
Tonnes
44000000
Grade
0.28
Grade Unit
kg/t
Cutoff Grade
0.6
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Probable uranium reserve for Olympic Dam (Low grade) is re-stated as unchanged from the prior report, indicating low novelty but good confidence.

Positive factors

  • Probable Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“0.28”

Context: 44

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

probableOlympic Dam · goldTonnes: 44000000Grade: 0.34Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
gold
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:a6b8e832e7f53e5f771c
Deposit or zone
Low grade
Material type
Low grade

Resource Data

Category
probable
Tonnes
44000000
Grade
0.34
Grade Unit
g/t
Cutoff Grade
0.6
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Probable gold reserve for Olympic Dam (Low grade) is re-stated as unchanged from the prior report, indicating low novelty but good confidence.

Positive factors

  • Probable Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“0.34”

Context: 44

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

probableOlympic Dam · silverTonnes: 44000000Grade: 2Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
silver
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:a6b8e832e7f53e5f771c
Deposit or zone
Low grade
Material type
Low grade

Resource Data

Category
probable
Tonnes
44000000
Grade
2
Grade Unit
g/t
Cutoff Grade
0.6
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-30T00:00:00.000Z

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: This Probable silver reserve for Olympic Dam (Low grade) is re-stated as unchanged from the prior report, indicating low novelty but good confidence.

Positive factors

  • Probable Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release
  • Cut-off Undisclosed

Evidence · table

“2”

Context: 44

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

Fact 37Olympic Dam · copperContained Metal: 88.1Contained Unit: mtView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
copper
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:e2f893c5bc7a24b6761a
Mining method
underground

Resource Data

Contained Metal
88.1
Contained Unit
mt
Cutoff Grade
0.6
Cutoff Unit
%

Prior Estimate

Resource Date
2026-09-01

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: The total classified underground Mineral Resource for Olympic Dam now contains 88.1 Mt of copper, representing a significant increase due to the new block cave resource.

Positive factors

  • New large block cave resource
  • JORC Compliant
  • QP/CP Signed
  • Contained Metal Growth

Evidence · text

“88.1 Mt of Cu”

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

Fact 38Olympic Dam · uraniumContained Metal: 2.8Contained Unit: mtView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
uranium
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:e2f893c5bc7a24b6761a
Mining method
underground

Resource Data

Contained Metal
2.8
Contained Unit
mt
Cutoff Grade
0.6
Cutoff Unit
%

Prior Estimate

Resource Date
2026-09-01

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: The total classified underground Mineral Resource for Olympic Dam now contains 2.8 Mt of uranium, representing a significant increase due to the new block cave resource.

Positive factors

  • New large block cave resource
  • JORC Compliant
  • QP/CP Signed
  • Contained Metal Growth

Evidence · text

“2.8 Mt of U 3 O 8”

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

Fact 39Olympic Dam · goldContained Metal: 103Contained Unit: mozView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
gold
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:e2f893c5bc7a24b6761a
Mining method
underground

Resource Data

Contained Metal
103
Contained Unit
moz
Cutoff Grade
0.6
Cutoff Unit
%

Prior Estimate

Resource Date
2026-09-01

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: The total classified underground Mineral Resource for Olympic Dam now contains 103 Moz of gold, representing a significant increase due to the new block cave resource.

Positive factors

  • New large block cave resource
  • JORC Compliant
  • QP/CP Signed
  • Contained Metal Growth

Evidence · text

“103 Moz of Au”

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

Fact 40Olympic Dam · silverContained Metal: 498Contained Unit: mozView all details
Link to this fact

Identity

Project
Olympic Dam
Commodity
silver
Region
australia_sa
Reported Region
South Australia
Ticker
BHP

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
MP O’Hare, Naveen S Kinthada
Resource group id
resource:e2f893c5bc7a24b6761a
Mining method
underground

Resource Data

Contained Metal
498
Contained Unit
moz
Cutoff Grade
0.6
Cutoff Unit
%

Prior Estimate

Resource Date
2026-09-01

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-21T00:00:00.000Z

Reasoning: The total classified underground Mineral Resource for Olympic Dam now contains 498 Moz of silver, representing a significant increase due to the new block cave resource.

Positive factors

  • New large block cave resource
  • JORC Compliant
  • QP/CP Signed
  • Contained Metal Growth

Evidence · text

“498 Moz of Ag”

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.