BHP: Mining giant hit by lower iron ore prices February 18, 2025 Mining giant BHP has reported a jump in profit for the half-year ended 31 December 2024, despite a drop in revenue due to lower iron ore prices. Attributable profit surged to $4.4bn (£3.5bn), up 376 per cent from $0.9bn in the previous half-year. Underlying attributable profit, however, fell 23 per cent to $5.1bn due to [...]
BHP: Mining giant which quit FTSE appoints former RBS chief as chair February 12, 2025 Mining group BHP has announced the appointment of former RBS chief Ross McEwan as chair, following the retirement of incumbent Ken Mackenzie at the end of March. Stepping into this role, McEwan will oversee the selection of the mining giant’s next chief executive, as reported by Reuters. He will also consider renewing the firm’s plans [...]
Ex-Brazil envoy slams London Mariana dam lawsuit as ‘undermining justice’ December 20, 2024 Brazil’s former Ambassador to the UK has condemned the ongoing legal battle over the BHP disaster in the London High Court
BHP nears £24bn settlement in Brazil for Samarco dam disaster October 21, 2024 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 October 21, 2024 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.
Analysts: A mining takeover boom could be around the corner July 12, 2024 Rising demand for raw materials coupled with a meagre new supply could spur a mining takeover boom, according to analysts.
BHP abandons £39bn pursuit of Anglo American May 29, 2024 BHP has abandoned its pursuit of Anglo American today after the London-listed firm refused to offload its South African iron ore business prior to a deal and declined to extend takeover talks.
Anglo American rejects BHP request to extend takeover talks May 29, 2024 Anglo American has rejected BHP's request to extend the deadline for a takeover.