BHP Group's pathway to net zero will not be linear and it requires significant effort to overcome organic growth and technology challenges, the company's vice president for climate said on Thursday.
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Mining giant BHP and the union representing workers at its Spence copper mine in Chile have agreed to extend contract negotiations, said BHP on Wednesday, for now putting off the risk of a strike.
Rio Tinto and BHP are leading mining companies with strong balance sheets and attractive dividend yields. We compare them side-by-side. We share which one we think is a Buy and which one is not.
Mining giant BHP and the union representing workers at its Spence copper mine in Chile will kick off on Wednesday government-mediated talks aimed at averting a strike, both parties said.
Although seemingly most of the celebrated ideas on financial publications center on high-growth plays, investors should spare some thought toward high-yield dividend stocks. In particular, I'm referring to stable or relevant enterprises that offer considerable passive income.
Anglo American PLC (LSE:AAL) must now deliver its 'bold simplification' of the business in the wake of BHP Ltd's £39bn bid approach for its rival, according to Deutsche Bank. Anglo claimed its plan is lower-risk and quicker to implement than BHP's.
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
BHP Group (BHP) resolves not to make any further offer for Anglo American, thus walking away from a deal that would have been the biggest mining deal in a decade.
BHP's takeover proposal was rejected, and Anglo American presented a new plan to unlock shareholder value. The company has a solid asset base with a downside cycle in PGM and De Beers. However, in a disposal situation, we estimate further upside. After BHP offers, we update our valuation on a sum-of-the-part methodology, increasing our target price.
BHP Group's $49 billion bid for Anglo American may have failed but the move highlights how companies have been leading a charge to snap up UK assets as they seek growth in a relatively undervalued market, bankers and analysts said.
BHP Group thought it could buy its way to becoming the world's top copper producer. Now, it may need to expand or build its own mines to get there.