BHP Billiton is close to resolving potential corruption action by US regulators stemming from the company's sponsorship of the 2008 Beijing Olympics.
BHP, the world's largest miner, said the group was currently close to finalising the bribery-related allegations.
"The issues relate primarily to matters in connection with previously terminated exploration and development efforts, as well as hospitality provided as part of the company's sponsorship of the 2008 Beijing Olympics," BHP said in its latest annual report.
"The group is currently discussing a potential resolution of the matter."
BHP spent millions of dollars on an olympics sponsorship deal and hospitality in the lead-up to 2008.
The company said an internal investigation has since uncovered possible violations of anti-corruption laws involving interactions with government officials.
The claims involved hospitality and gifts given to Chinese dignitaries, including steel company representatives, to woo them during the Games.
It is understood BHP's involvement in trying to secure the rights to develop a bauxite project in Cambodia in 2006 is among some mining projects being investigated by the regulators.
The Australian Federal Police were also involved in the investigation.
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