Class action boom in UK is yet another disincentive to investing here Opinion As the country holds its collective breath ahead of next week’s Budget, it’s fair to say that business confidence in the UK is lower than the Treasury might like. Last week, the Institute of Chartered Accountants in England and Wales (ICAEW) reported that business confidence had fallen to a 12-month low, while the Institute of [...]
BHP nears £24bn settlement in Brazil for Samarco dam disaster mining Miners BHP and Vale are negotiating a possible settlement worth roughly $31.7bn (£24.32bn) with Brazilian authorities over a 2015 dam failure that is considered one of the country's worst environmental disasters.
BHP’s record-breaking Samarco dam trial kicks off at the High Court Legal The largest action of its kind hits the High Court today as mining giant BHP is faces a multi-billion pound lawsuit over a dam collapse in Brazil
BHP facing 620,000 claimants in London trial over Brazilian dam collapse October 13, 2024 A landmark trial will get under way at the High Court in London later this month against Anglo-Australian mining firm BHP. London-listed BHP will defend itself against allegations of negligence and look to avoid paying damages that could rise to as much as £33.6bn at a trial from 21 October relating to its role in [...]
BHP: World’s largest miner reports profit slump due to ‘uneven’ China recovery August 27, 2024 "In the near term, we expect volatility in global commodity markets," BHP said.
The fight for B Corp’s soul August 6, 2024 Last month, the French media giant Havas was stripped of its B Corp certifications after signing a global media buying contract with Shell. Ali Lyon explores what the decision means for the industry
Rio Tinto chief rejects calls to drop London Stock Exchange listing to focus on Australia July 31, 2024 The world's second biggest miner holds a dual-listing on the London and Sydney Stock Exchanges, but has faced calls from investors to prioritise Australia.
Top shareholder says Anglo should close ‘unfeasible’ Yorkshire mine July 28, 2024 One of Anglo America's top investors has called for the London-listed miner to mothball its flagship fertiliser mine in North Yorkshire because it won't provide a good enough return on investment.
Anglo American: Slowdown at Yorkshire site causes hefty write down July 25, 2024 A set back in one of its Yorkshire crop nutrients facilities dragged on Anglo American's first set of results since shrugging a off a takeover attempt from Australian rivazl BHP.
Amplats: will the precious metal miner bring touch of sparkle to City? July 24, 2024 Ever since shrugging off repeated bids from rival Australian miner BHP, Anglo American has been promising shareholders a major restructuring. The FTSE 100 mining giant pledged to deliver a “radically simplified” portfolio that would focus on its core mining divisions, copper, premium iron ore and crop nutrients. The sweeping restructuring, which was a condition of [...]