BHP profits dip as it warns of contraction outside of China August 18, 2020 The world’s biggest mining group BHP has reported a dip in profits as it warns that major world economies outside of China will bear the brunt of the downturn. The figures BHP reported attributable profit of $8bn for the year ended 30 June, down four per cent on the previous year. Profit from operations dipped [...]
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Miner issues: Fortescue Metals chief steps down after three-year low in profits August 28, 2023 The boss of Fortescue Metals has resigned just six months after taking the top job, with the iron ore miner posting a steep decline in profits.
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BHP hits iron ore, coal and copper guidance despite coronavirus July 21, 2020 Mining giant BHP today said that it had hit its guidance for production of iron ore, coal and copper despite the disruption caused by the coronavirus crisis. However, it warned that so-called second waves of the new disease could hit short-term demand for its commodities, prompting it to broaden the range of its output forecasts [...]