BHP ends talks with rival as Noront bidding war heats up December 13, 2021 Talks between Australian mining companies BHP and rival Wyloo have ended today as the companies compete to purchase Noront.
Miner BHP leaves annual production outlook unchanged October 19, 2021 Mining giant BHP has left its annual production outlook unchanged despite its iron ore production being hit by labour shortages. The FTSE 100 firm reported on Tuesday that total iron production dropped four per cent to 63.3m tonnes for the quarter ended September 30. This was a decline from 66.04m tonnes in the previous year. [...]
Woodside Energy posts huge profits amid looming threat of strikes August 22, 2023 Woodside Energy has posted record half-year net profits of $1.7bn, fuelled by high production levels from the oil and gas assets it snapped off BHP.
Analysts: BHP merger with Woodside will boost firm’s energy transition plans November 22, 2021 BHP's merger with Woodside is a positive move that helps the group transition away from the oil and gas industry, argues Hargreaves Lansdown.
BHP braces for backlash by investors over climate plan September 28, 2021 Shareholders in mining giant BHP have been advised to vote against the company’s carbon emission plans, ahead of its annual general meeting in London next month, according to reports. In a report shared with investors Glass Lewis, the influential proxy adviser, questioned the scientific basis of BHP’s Climate Transition Action Plan and said there was [...]
FTSE 100 loses one of its biggest components as mining giant BHP bows out January 31, 2022 The FTSE 100 lost one of its biggest components on Monday as miner BHP was removed from the index, after deciding to unify its dual-listed structure into one entity in Sydney. The business’s size was only eclipsed by AstraZeneca and Shell among its peers in London. Its primary listing moved to Australia, ending a decades-long [...]
Miner BHP hits near record iron ore production despite ‘Covid related labour constraints’ February 15, 2022 Mining giant BHP has achieved near record production in iron ore, despite being impacted by poor weather and labour restrictions on operations. In half-year results ended 31 December 2021, the metals and petroleum firm reported it remained “fatality free” at its operated assets for the third consecutive year. It has also reported rebounding profits from [...]
BHP backs Kabanga nickel mine development with $50m investment to boost ESG plans January 10, 2022 BHP has invested $50m to develop a nickel sulphide deposit in Tanzania, as it looks to continue its transition away from fossil fuels.
KPMG UK audit chair to join board of BHP September 2, 2021 KPMG’s UK chair of audit, Michelle Hinchliffe, will join the board of BHP as a non-executive director next year, the mining company has announced today. Hinchliffe will retire from KPMG UK in February after 30 years in the accounting giant’s financial services division. She will also become a member of BHP’s risk and audit committee [...]
Booming oil and gas prices power Woodside Energy to record revenues October 20, 2022 Woodside is revelling in record revenues, powered by firmer energy prices and its merger with BHP Group's petroleum assets.