Mining giant BHP warns of continuing market volatility into 2023 July 19, 2022 Mining giant BHP has said it expects market volatility caused by inflationary pressures, labour shortages, and supply chain disruption to continue into 2023. In a trading update, the Australian firm said the war in Ukraine and the energy crisis in Europe will offset any positive economic impacts of China’s stimulus policies on global growth, as [...]
Woodside expands vision with new London listing and BHP merger June 6, 2022 Woodside has unveiled a secondary London listing, as it expands its business to new markets - with the firm backing gas through the transition.
BHP: Mining giant slashes production guidance for copper and nickel April 21, 2022 Australian metals firm BHP has announced it is reducing total copper and nickel production for the full year yet is on track with previous iron ore estimates. In a nine month trading update on the London Stock Exchange, BHP said its production guidance for the 2022 financial year remained unchanged for iron ore, metallurgical coal [...]
BHP announces record $9bn handout to investors as soaring coal prices fuel profits August 16, 2022 BHP is handing out record sums to shareholders, after the multinational miner delivered bumper profits fuelled by soaring coal prices.
BHP’s board approves plans to leave FTSE 100 and scrap dual-listed share structure December 2, 2021 BHP Group’s board has approved proposals to scrap its dual-listed share structure, and leave the FTSE 100 ahead of a shareholder vote next month.
FTSE 100 today: British blue-chip index set for subdued start amid cautious US Fed comments May 21, 2024 Asian markets dipped. Oil prices fell, gold stayed near highs, and Australia's BHP Group surged. Focus on Fedspeak and BOE's Andrew Bailey.
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.
Mining giant BHP fails in bid to throw record £5bn collapsed dam lawsuit out of court July 8, 2022 The UK’s Court of Appeals has said a £5bn claim against mining giant BHP over the 2015 collapse of the Fundao dam in Brazil should proceed in England’s courts. The claim, brought forward by more than 200,000 Brazilian citizens, hundreds of businesses, and 25 local municipalities, comes after the BHP and its joint-venture partner Vale’s [...]
Mining giant BHP to face £5bn lawsuit over Brazilian dam collapse disaster April 1, 2022 Mining giant BHP is set to face a £5bn lawsuit in London’s Court of Appeal next week, over the collapse of a Brazilian dam in 2015 which led to one of the country’s worst ever environmental disasters. The claim, brought forward by more than 200,000 Brazilians, follows the catastrophic collapse of the Fundão tailings dam [...]
BHP terminates support agreement with Normont after withdrawing takeover offer December 23, 2021 BHP has ripped up its support agreement with Noront Resources after pulling out of a deal to acquire the nickel miner last week.