BHP reviews production guidance after cyclone damage

2nd Apr 2019 07:07

(Sharecast News) - BHP is reviewing production and unit cost guidance after a cyclone caused flooding at its iron ore operations in Western Australia.

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Anglo American will rise as near-term risks ease, says Jefferies

1st Apr 2019 09:33

(Sharecast News) - Jefferies has reiterated its 'buy' rating on Anglo American, arguing the near-term risks are being overplayed and have left the blue chip miner looking increasing undervalued.

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SocGen downgrades Rio, BHP as it turns more cautious on miners

7th Mar 2019 11:36

(Sharecast News) - Rio Tinto and BHP were knocked lower on Thursday as Societe Generale downgraded its recommendation on both stocks as it moved to a more cautious stance on most of the metals and mining stocks it covers following year-to-date gains.

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Iron ore prices to rise even higher, JP Morgan reckons

4th Mar 2019 12:47

(Sharecast News) - JP Morgan Cazenove has raised its forecasts for iron ore prices, arguing that the reduction in Vale's output in the aftermath of the Feijao dam collapse is likely to be worse than initially forecast.

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BHP makes four additions to its executive leadership team

28th Feb 2019 10:58

(Sharecast News) - BHP announced a number of changes to its executive leadership team on Thursday, which it said reflected its recently-simplified portfolio and its transformation agenda.

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Wednesday broker round-up

20th Feb 2019 13:19

(Sharecast News) - Ocado: Peel Hunt downgrades to hold with a target price of 110p.

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BHP interims miss forecasts as profits fall 8%

19th Feb 2019 07:22

(Sharecast News) - Mining giant BHP on Tuesday reported an 8% fall in first-half profits on the back of lower copper earnings and production disruption.

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BHP approves $693m funding for Atlantis project

13th Feb 2019 07:41

(Sharecast News) - BHP on Wednesday approved $696m (£539m) in funding to develop its share of the Atlantis Phase 3 project in the US Gulf of Mexico.

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Goldman upgrades Rio, downgrades BHP as it reviews mining sector

12th Feb 2019 10:42

(Sharecast News) - Goldman Sachs upped its stance on Rio Tinto but downgraded its recommendation on BHP on Tuesday as it took a look at the metals and mining sector.

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BHP too 'expensive' for JP Morgan, rivals preferred

4th Feb 2019 11:45

(Sharecast News) - JP Morgan Cazenove downgraded its rating on BHP Billiton, arguing that the blue chip miner is too expensive compared to its peers.

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Iron ore prices jump as Vale plans production cuts

30th Jan 2019 11:30

(Sharecast News) - Shares in blue chip miners rallied on Wednesday after Brazil's Vale said it was temporarily reducing annual production of iron ore by around 10%.

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BHP says no deal reached on Samarco debt obligations

29th Jan 2019 07:21

(Sharecast News) - BHP on Tuesday said says no agreement had been reached over the financial obligations of its Samarco joint venture following the 2015 mine disaster that killed 19 people.

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Iron ore prices in focus as markets mulls possible global shortage

28th Jan 2019 11:39

(Sharecast News) - Iron ore prices have surged after traders predicted supply issues following the devastating dam collapse at a mine in Brazil.

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BHP Q2 iron ore production falls 6%; warns of $600m outage costs

22nd Jan 2019 07:05

(Sharecast News) - BHP on Tuesday said second quarter iron ore production fell 6% and reported a $600m hit due to production disruptions at copper and iron ore operations.

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Deutsche Bank downgrades BHP on challenging outlook

9th Jan 2019 13:06

(Sharecast News) - Deutsche Bank downgraded BHP to 'sell' from 'hold' on Wednesday and slashed the price target to 1,550p from 1,820p as it now sees a more challenging outlook this year.

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