BHP announces restart of some operations at Samarco

24th Dec 2020 07:44

(Sharecast News) - BHP said on Thursday that its Samarco Mineração joint venture with Vale had met the licensing requirements to restart operations at its Germano complex in Minas Gerais and its Ubu complex in Espírito Santo, Brazil, and had commenced iron ore pellet production.

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JP Morgan hikes targets for iron ore miners, says shares haven't kept up with Chinese demand

14th Dec 2020 14:51

(Sharecast News) - Analysts at JP Morgan hiked their target prices for several of the world's largest iron ore miners due to the confluence of strong demand and an unexpected supply shock which also saw them raise their price projections for iron ore.

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Monday broker round-up

14th Dec 2020 13:32

(Sharecast News) - Midwich Group: Berenberg reiterates buy with a target price of 550p.

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Wednesday broker round-up

21st Oct 2020 14:19

(Sharecast News) - Learning Technologies Group: Canaccord upgrades to buy with a target price of 150p.

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BHP Q1 iron ore output up 7%, warns of lower production

20th Oct 2020 07:26

(Sharecast News) - BHP on Tuesday reported a 7.2% rise in first-quarter iron ore production as demand from China stabilised, but warned of a slowdown in the current three month period.

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BHP shareholders pull motion on heritage sites after deal with landowners

13th Oct 2020 07:27

(Sharecast News) - A shareholder motion calling for mining giant BHP to stop activity that could desecrate or destroy Aboriginal cultural heritage sites has been withdrawn, the company said on Tuesday.

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BHP to buy out Hess share of Shenzi

6th Oct 2020 07:30

(Sharecast News) - BHP has signed an agreement with Hess Corporation to acquire an additional 28% working interest in the six-lease Gulf of Mexico development Shenzi, it announced on Tuesday.

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Friday broker round-up

11th Sep 2020 13:47

(Sharecast News) - Vistry: JP Morgan upgrades to neutral with a target price of 670.0p.

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BofA sees gold hitting $3,000/oz., silver at $50/oz.

5th Aug 2020 11:34

(Sharecast News) - Strategists at Bank of America hiked their 18-month target for gold futures from $2,000/oz. to $3,000/oz. as governments continue to act to mend the damage from Covid-19, backstopped by central banks.

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Wednesday broker round-up

22nd Jul 2020 13:45

(Sharecast News) - Resolute Mining: Berenberg reiterates buy with a target price of 90.0p.

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Tuesday broker round-up

21st Jul 2020 12:58

(Sharecast News) - Premier Oil: Peel Hunt upgrades to buy with a target price of 50.0p.

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BHP iron ore shipments rise on China demand

21st Jul 2020 06:59

(Sharecast News) - BHP Group reported a 7% rise in fourth-quarter iron ore output, but warned the resurgence of coronavirus outbreaks threatened the short-term demand outlook for its main commodities.

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Norges Bank takes stake in BHP past 5%

20th Jul 2020 09:21

(Sharecast News) - Norway's sovereign wealth fund took its stake in Australia's BHP past 5% despite recently airing its reservations about the group's activities in coal.

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JPMorgan downgrades Ferrexpo but lifts price target

15th Jul 2020 13:05

(Sharecast News) - JPMorgan Cazenove downgraded its stance on shares of iron ore company Ferrexpo to 'underweight' from 'neutral' on Wednesday following the recent rise in the share price, as it took a look at the metals and mining sector.

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BHP hires David Lamont as CFO from CSL

17th Jun 2020 08:24

(Sharecast News) - BHP has hired David Lamont as its next chief financial officer from Australian biotechnology group CSL, replacing Peter Beaven who is stepping down after 17 years at the mining group.

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