Anglo-American rejects £31bn BHP offer

26th Apr 2024 07:04

(Sharecast News) - Anglo American on Friday rejected an "opportunistic" £31bn bid from rival miner BHP, saying it significantly undervalued the company.

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London close: Stocks finish mixed as US GDP growth slows

25th Apr 2024 15:14

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

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London close: Stocks finish lower on fresh China concerns

20th Feb 2024 15:29

(Sharecast News) - London's stock markets closed in negative territory on Tuesday, with concerns over China's economic prospects exerting pressure on mining shares.

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London midday: Stocks mixed after China makes bigger rate cut

20th Feb 2024 11:20

(Sharecast News) - London's stocks were in a mixed state at midday on Tuesday, as concerns around China's economic outlook continued to weigh on mining stocks.

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BHP readies £5.3bn for exceptional items in H1

15th Feb 2024 09:19

(Sharecast News) - Mining group BHP said on Thursday that it will be hit with two first-half exceptional items totalling £5.3bn.

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BHP reshuffles boardroom in major shake-up

7th Dec 2023 07:12

(Sharecast News) - Mining giant BHP Group has announced a major executive leadership team reshuffle, with four people stepping into new roles, including its chief financial officer (CFO).

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BHP to sell two Queensland coal mines for over $4bn

18th Oct 2023 07:47

(Sharecast News) - Commodities titan BHP is to sell two of its co-owned Queensland coal mines to Australian mining group Whitehaven Coal for $4.1bn.

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JP Morgan lifts targets for iron ore miners, upgrades Rio Tinto

14th Sep 2023 08:05

(Sharecast News) - JP Morgan has upgraded its rating for Rio Tinto and raised target prices across the iron ore sector after turning more positive on the outlook for iron ore prices.

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Director dealings: IQGeo director linked to purchase, BHP CEO covers tax bill

29th Aug 2023 14:41

(Sharecast News) - IQGeo Group was on the list of director buys on Tuesday, after it received notification on 26 August from Kestrel Partners that, on 25 August, it purchased on behalf of its discretionary clients an aggregate of 59,950 ordinary shares at an average price of 298p per share.

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BHP describes resilient operations as profits slip

22nd Aug 2023 08:48

(Sharecast News) - Australian mining giant BHP Group reported a decrease in a number of key financial metrics in its full-year results on Tuesday, while noting resilient operational performance in the face of challenging market conditions.

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Chinese export growth undershoots in June, but import volumes hold up

13th Jul 2023 06:47

(Sharecast News) - China's foreign trade surplus widened a tad last month, chiefly as a result of slower export growth, but the underlying picture was somewhat better, some economists judged.

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BHP admits to underpaying staff

1st Jun 2023 11:08

(Sharecast News) - BHP is facing a $280m bill after underpaying thousands of employees for more than a decade, the mining giant confirmed on Thursday.

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BHP gets court approval for OZ Minerals takeover

17th Apr 2023 09:19

(Sharecast News) - Australia's Federal Court has approved BHP's $6.4bn takeover of copper producer OZ Minerals, the mining giant said on Monday.

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UBS upgrades Glencore to 'buy' after recent selloff

20th Mar 2023 12:45

(Sharecast News) - UBS upgraded Glencore to 'buy' from 'neutral' on Monday as it said the risk/reward was now attractive after the recent selloff.

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Chinese stocks and commodities jump as Beijing eases some Covid-19 restrictions

11th Nov 2022 12:25

(Sharecast News) - Chinese stocks and the country's currency pushed higher after the Politburo Standing Committee issued new guidance aimed at better implementing its Zero-Covid policy.

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