BHP's Third-Quarter Copper Production Rises, Iron Ore Output Flat
The world's No. 1 miner by market value reported a 10% rise in third-quarter copper output due to higher volumes from the giant Escondida mine, and flat iron-ore output.
Copper's Surge: 3 Top Trades Before the Market Catches On
When it comes to connecting the dots across the financial markets, investors need to remember that price action in one area typically connects to the rest of the broader machine, where watching unusual moves in different asset classes can present some of the best opportunities elsewhere. Today, that is where the new all-time high price set by copper in the commodity markets will bring a big profit potential in the coming months for copper mining stocks.
BHP Group Is Better Than Vale If You Really Want Mining Exposure
Vale's stock has declined significantly since my last writing and trades at a P/E ratio of only ~5x. Yet, I still maintain a bearish outlook and want to caution you against bottom-fishing attempts. Key commodity prices have fallen significantly, and I foresee the price pressure to persist given the increased competition from China and other miners.
BHP Group: Long-Standing Preference For Rio Tinto, Neutral Rating Confirmed
We maintain a neutral rating on BHP Group due to balanced risk-reward, materialized Samarco settlement risks, and preference for Rio Tinto's cheaper valuation and organic growth. BHP's H1 2025 results showed a $2 billion sales decline, an 11% drop in EBITDA, and unchanged production guidance despite strong operational performance and lower unit costs. BHP's net debt is expected to rise to $15 billion, and its dividend payout will be trimmed by 50%. This is due to CAPEX plans and settlement costs.
BHP raises $3 billion through bond issuance in US
BHP Group , the world's largest listed miner, on Wednesday said it raised $3 billion through an issue of senior unsecured bonds in the United States.
BHP Reports 23% Decline in Earnings in First Half of FY25
BHP witnesses a year-over-year decline in revenues in the first half of fiscal 2025 due to lower iron, somewhat offset by higher copper prices.
BHP fails to shake ‘sell' rating as analysts flag growing debt
BHP Group Ltd did little to impress as it cut its dividend on lower first half profits, leaving Panmure Liberum analysts reiterating a ‘sell' rating for the miner. Though expected, according to Panmure, BHP had slashed its interim dividend by US$0.22 to US$0.50 to reflect an eight-year low on Tuesday.
BHP CEO: China's commodity intensive sectors are performing 'strongly'
Mike Henry, CEO of BHP, says the miner is well positioned for opportunities in the copper sector, and adds that it is positive on the outlook for China's commodity-intensive sectors.
BHP slides as weak iron ore prices eat into profit, dividend slashed
BHP Group Ltd shares headed lower on Tuesday after the miner unveiled a slump in profit and cut its dividend on the back of weak iron ore prices. Underlying attributable profit sank 23% to US$5.1 billion (£4.0 billion) in the six months to December 31 on an 8% drop in revenue to US$25.2 billion, BHP reported on Tuesday.
BHP CEO: Well-Placed for Heightened Uncertainty
BHP's first-half profit fell 23% due to China's faltering economy prompting the world's biggest public miner to cut its interim dividend to an eight-year low. But CEO Mike Henry struck a positive tone saying that he's "starting to see green shoots" in China's property sector and that demand for BHP's products remains strong despite global economic and trade uncertainties.
Anglo American: BHP Might Circle Back After Low-Hanging Fruit Harvested
Anglo American is shedding De Beers and PGM businesses to focus on copper and iron ore, making it more attractive for a potential BHP bid. The company is also divesting its Nickel and metallurgical coal businesses, with significant cost savings and operational efficiencies expected from all these moves. De Beers, in particular, looks unattractive due to secular issues and its exposure to luxury markets, which are weighed down by China's deleveraging, even as signs of recovery emerge in the luxury sector.
Anglo American tumbles as BHP holds off on bids
Anglo American PLC fell nearly 6% on Monday following reports rival BHP Group Ltd was holding off from making another bid for the miner. According to the Financial Times, a 40% rise in Anglo's share price over the past year had deterred the Australian group.
