UK oil and gas firms dish out £2.2bn dividends after bumper profits April 27, 2022 London-listed oil and gas firms dished out bumper dividends in the first quarter of the year as profits surged on the back of soaring commodity prices.
Shares in London-listed mining firms tumble amid production shortfalls April 21, 2022 Spiralling costs, supply chain woes, and rampant inflation have piled on the misery for London-listed mining firms.
Easing China economy slowdown fears sends miners to top of London’s FTSE 100 August 16, 2022 Easing fears over a slowdown in the Chinese economy boosted London’s premier FTSE 100 index today. The FTSE 100 jumped 0.36 per cent to 7,536.06 points, while the mid-cap domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, fell 0.23 per cent to 20,336.41 points. Figures published earlier this [...]
Moving markets: Five things shaping the FTSE 100 today January 16, 2024 Asian stocks decline, the greenback strengthens, and oil prices surge amidst rising Middle East tensions. Focus sharpens on the UK labor market data.
Miner BHP holds on to iron production guidance despite coronavirus April 21, 2020 Mining giant BHP has maintained its production guidance for iron, coal and petroleum for 2020 despite the ongoing economic shutdown caused by coronavirus. However, the firm said that it expected to see double-digit contraction outside of China could contract by a double-digit figure, and that capital spending could fall below the $8bn previously forecast. In [...]
Is the London Stock Exchange’s golden age of mining over? April 6, 2024 Glencore and Anglo American come immediately to mind when one considers the recent struggles for London miners.
BHP’s coal production slips due to Australian bushfires but guidance remains unchanged January 21, 2020 The ongoing bushfires in Australia knocked BHP’s production of thermal coal, the world’s largest miner announced today, but its 2020 guidance remains in line with forecasts. Mike Henry described his first set of results since taking over as chief executive from Andrew Mackenzie as “solid”, despite concerns about the situation in the company’s home country, [...]
Soter Analytics secures $12m to tackle workplace injuries with tech April 19, 2022 Soter Analytics, which seeks to prevent injuries from poor posture in the workplace, has snagged $12m (£9.2m) of new capital in its series A funding round. The firm aims to tackle work-related musculoskeletal disorders (MSD) with technology, as the issue impacts three out of every five workers, according to Europe’s work safety watchdog. The wearable technology tracks [...]
The Notebook: Has London revived its rave scene? May 2, 2024 Susannah Streeter takes the Notebook pen to have her say on the Tiktok ban, Shein's search for a float, and London's new rave scene.
RioTinto leaves lobby group amid environmental concerns April 14, 2022 Rio Tinto has left its state mining lobby group, after raising concerns that its coal expansion policy on did not align with the Paris agreement.