Quarterly Activities Report

Original announcement by lse on

Company
BHP Group Limited
Ticker
BHP
Exchange
LSE
Region
South Australia
Primary commodity
Copper
Secondary commodities
Uranium, Gold, Silver, Iron ore, Molybdenum, Lead, Zinc, Potash, Steelmaking coal, Energy coal
Document categories
Resource update, Production
Extracted
2026-10-20 07:24:53 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

BHP Group Limited reported its quarterly activities, highlighting the introduction of a new Block Cave Mineral Resource at Olympic Dam, which significantly increases the overall resource base. Despite this, quarterly copper production decreased due to lower planned grades and operational disruptions. The company maintained its full-year production guidance and is advancing growth options in copper and potash, while existing Ore Reserves for Olympic Dam remain unchanged.

Reasoning: The report introduces a new, large Block Cave Mineral Resource at Olympic Dam, significantly increasing the overall resource base, which is a positive development. However, quarterly copper production was down due to operational issues and planned lower grades, and existing reserves remain unchanged.

Positive factors

  • Maiden Block Cave Resource
  • JORC Compliant
  • QP/CP Signed
  • Cut-off Disclosed

Negative factors

  • Production Decreases
  • Unchanged Reserves
  • Inferred Resource Component

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

Facts used in scoring: 36

Classification and evidence

Maiden Resourceneutral

First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The report includes the first-time reporting of an underground block cave (BC) Mineral Resource at Olympic Dam.

Evidence · text

“first-time reporting of an underground block cave (BC) Mineral Resource at Olympic Dam”

Resource Updateneutral

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

Why it applies: The document announces an increase to Olympic Dam's mineral resource base.

Evidence · text

“today we announced an increase to Olympic Dam's mineral resource base”

JORC Compliantpositive

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

Why it applies: The Mineral Resources and Ore Reserves are based on and fairly represent information compiled by Competent Persons as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'.

Evidence · text

“2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'”

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: MP O'Hare and Naveen S Kinthada are named as Competent Persons who are Members of The Australasian Institute of Mining and Metallurgy (MAusIMM) and full-time employees of BHP.

Evidence · text

“MP O'Hare, a Competent Person who is a Member of The Australasian Institute of Mining and Metallurgy (MAusIMM)”

Cut-off Disclosedpositive

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

Why it applies: A break-even economic cut-off of ≥0.35% Cu was applied to the Block Cave Mineral Resource, and variable cut-offs between 1.0% and 1.7% Cu for UG Sulphide and ≥0.6% Cu for Low grade were applied to Ore Reserves.

Evidence · text

“A break-even economic cut-off of ≥0.35% Cu was applied”

Inferred Resourcenegative

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

Why it applies: The Block Cave Mineral Resource includes a significant Inferred component of 2,600 Mt.

Evidence · table

“2,600”

Context: UG Sulphide (Block Cave)

Production Decreasenegative · Story-specific tag

No canonical definition is currently available.

Why it applies: Copper production was lower in the first quarter, reflecting planned grade declines and operational disruptions.

Evidence · text

“Copper production was lower in the first quarter, reflecting planned grade declines and scheduled maintenance, alongside temporary disruptions from severe weather in Chile, stops for safety and the conveyor failure at Carrapateena.”

Stale Data Re-releasenegative · Story-specific tag

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The UG Sulphide (SLOS) Mineral Resource and Olympic Dam Ore Reserves are unchanged from those reported in the FY26 Annual Report.

Evidence · text

“The UG Sulphide (SLOS) Mineral Resource is unchanged from that reported in BHP's FY26 Annual Report”

Extracted facts

Stored fact records: 36. Some facts used in scoring do not have a stored record.

Resource Estimates (36)

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
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

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This is a new Measured resource for the Block Cave, contributing significantly to the overall resource base with a good copper grade for an underground bulk mining scenario.

Positive factors

  • Maiden Resource
  • Measured Resource
  • JORC Compliant
  • QP/CP Signed
  • Cut-off Disclosed

Evidence · table

“4,000”

Context: 0.61

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
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

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This is a new Measured resource for the Block Cave, providing a significant uranium byproduct credit.

Positive factors

  • Maiden Resource
  • Measured Resource
  • 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
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

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This is a new Measured resource for the Block Cave, providing a gold byproduct credit.

Positive factors

  • Maiden Resource
  • Measured Resource
  • 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
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

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This is a new Measured resource for the Block Cave, providing a silver byproduct credit.

Positive factors

  • Maiden Resource
  • Measured Resource
  • 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
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

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This is a new Indicated resource for the Block Cave, contributing significantly to the overall resource base with a good copper grade for an underground bulk mining scenario.

Positive factors

  • Maiden Resource
  • Indicated Resource
  • JORC Compliant
  • QP/CP Signed
  • Cut-off Disclosed

Evidence · table

“4,130”

Context: 0.57

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
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

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This is a new Indicated resource for the Block Cave, providing a significant uranium byproduct credit.

Positive factors

  • Maiden 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
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

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This is a new Indicated resource for the Block Cave, providing a gold byproduct credit.

Positive factors

  • Maiden 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
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

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This is a new Indicated resource for the Block Cave, providing a silver byproduct credit.

Positive factors

  • Maiden 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
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

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This is a new Inferred resource for the Block Cave, contributing to the overall resource base but with lower geological confidence.

Positive factors

  • Maiden Resource
  • JORC Compliant
  • QP/CP Signed
  • Cut-off Disclosed

Negative factors

  • Inferred Resource

Evidence · table

“2,600”

Context: 0.60

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
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

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This is a new Inferred resource for the Block Cave, providing a uranium byproduct credit but with lower geological confidence.

Positive factors

  • Maiden 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
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

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This is a new Inferred resource for the Block Cave, providing a gold byproduct credit but with lower geological confidence.

Positive factors

  • Maiden 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
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

Location

Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This is a new Inferred resource for the Block Cave, providing a silver byproduct credit but with lower geological confidence.

Positive factors

  • Maiden 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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Measured resource for SLOS is unchanged from the prior report, indicating no new information but maintaining high confidence.

Positive factors

  • Measured Resource
  • JORC Compliant
  • QP/CP Signed
  • Cut-off Disclosed

Negative factors

  • Stale Data Re-release

Evidence · table

“840”

Context: 1.59

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Measured resource for SLOS is unchanged from the prior report, indicating no new information but maintaining high confidence for uranium byproduct.

Positive factors

  • Measured Resource
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Measured resource for SLOS is unchanged from the prior report, indicating no new information but maintaining high confidence for gold byproduct.

Positive factors

  • Measured Resource
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Measured resource for SLOS is unchanged from the prior report, indicating no new information but maintaining high confidence for silver byproduct.

Positive factors

  • Measured Resource
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Indicated resource for SLOS is unchanged from the prior report, indicating no new information but maintaining good confidence.

Positive factors

  • Indicated Resource
  • JORC Compliant
  • QP/CP Signed
  • Cut-off Disclosed

Negative factors

  • Stale Data Re-release

Evidence · table

“540”

Context: 1.56

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Indicated resource for SLOS is unchanged from the prior report, indicating no new information but maintaining good confidence for uranium byproduct.

Positive factors

  • Indicated Resource
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Indicated resource for SLOS is unchanged from the prior report, indicating no new information but maintaining good confidence for gold byproduct.

Positive factors

  • Indicated Resource
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Indicated resource for SLOS is unchanged from the prior report, indicating no new information but maintaining good confidence for silver byproduct.

Positive factors

  • Indicated Resource
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Inferred resource for SLOS is unchanged from the prior report, indicating no new information and lower geological confidence.

Positive factors

  • JORC Compliant
  • QP/CP Signed
  • Cut-off Disclosed

Negative factors

  • Inferred Resource
  • Stale Data Re-release

Evidence · table

“210”

Context: 1.44

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Inferred resource for SLOS is unchanged from the prior report, indicating no new information and lower geological confidence for uranium byproduct.

Positive factors

  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource
  • Stale Data Re-release

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Inferred resource for SLOS is unchanged from the prior report, indicating no new information and lower geological confidence for gold byproduct.

Positive factors

  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource
  • Stale Data Re-release

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Inferred resource for SLOS is unchanged from the prior report, indicating no new information and lower geological confidence for silver byproduct.

Positive factors

  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource
  • Stale Data Re-release

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Proven Reserve for UG Sulphide is unchanged from the prior report, indicating no new information but maintaining high confidence.

Positive factors

  • Proven Reserve
  • JORC Compliant
  • QP/CP Signed
  • Cut-off Disclosed

Negative factors

  • Stale Data Re-release

Evidence · table

“355”

Context: 1.89

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Proven Reserve for UG Sulphide is unchanged from the prior report, indicating no new information but maintaining high confidence for uranium byproduct.

Positive factors

  • Proven Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Proven Reserve for UG Sulphide is unchanged from the prior report, indicating no new information but maintaining high confidence for gold byproduct.

Positive factors

  • Proven Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release

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
Naveen S Kinthada
Resource group id
resource:ac17dc47af2e4776c30f
Deposit or zone
UG Sulphide
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Proven Reserve for UG Sulphide is unchanged from the prior report, indicating no new information but maintaining high confidence for silver byproduct.

Positive factors

  • Proven Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Probable Reserve for UG Sulphide is unchanged from the prior report, indicating no new information but maintaining good confidence.

Positive factors

  • Probable Reserve
  • JORC Compliant
  • QP/CP Signed
  • Cut-off Disclosed

Negative factors

  • Stale Data Re-release

Evidence · table

“254”

Context: 1.68

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Probable Reserve for UG Sulphide is unchanged from the prior report, indicating no new information but maintaining good confidence for uranium byproduct.

Positive factors

  • Probable Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Probable Reserve for UG Sulphide is unchanged from the prior report, indicating no new information but maintaining good confidence for gold byproduct.

Positive factors

  • Probable Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Probable Reserve for UG Sulphide is unchanged from the prior report, indicating no new information but maintaining good confidence for silver byproduct.

Positive factors

  • Probable Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Probable Reserve for Low grade material is unchanged from the prior report, indicating no new information but maintaining good confidence.

Positive factors

  • Probable Reserve
  • JORC Compliant
  • QP/CP Signed
  • Cut-off Disclosed

Negative factors

  • Stale Data Re-release

Evidence · table

“44”

Context: 0.83

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Probable Reserve for Low grade material is unchanged from the prior report, indicating no new information but maintaining good confidence for uranium byproduct.

Positive factors

  • Probable Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Probable Reserve for Low grade material is unchanged from the prior report, indicating no new information but maintaining good confidence for gold byproduct.

Positive factors

  • Probable Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release

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
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

Location

Loc. Confidence
medium

Review

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

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: This Probable Reserve for Low grade material is unchanged from the prior report, indicating no new information but maintaining good confidence for silver byproduct.

Positive factors

  • Probable Reserve
  • JORC Compliant
  • QP/CP Signed

Negative factors

  • Stale Data Re-release

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

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.