Anglo American falls as BHP says 'we have moved on'
Anglo American PLC (LSE:AAL) was one of the biggest fallers on the FTSE 100 on Wednesday after headlines dashed hopes among some investors about a return bid from BHP Group Ltd (LSE:BHP, ASX:BHP). Former suitor BHP, which was rebuffed in its £34 billion bid in the spring, says it has "moved on" to focus on other growth opportunities.
BHP has moved on from Anglo American, company chairman says
BHP has moved on to focus on other growth opportunities after shareholders of Anglo American voted against its takeover approach earlier this year, the company chairman said on Wednesday.
BHP signs off Samarco Dam settlement nine years after the event
BHP Group Ltd (LSE:BHP, ASX:BHP)has agreed a final settlement with the Brazilian government over the Samarco dam disaster in 2015. Owners Vale, BHP and Samarco will pay totalling 170bn Real (Brl) across three lines: Brl37bn already paid, Brl100bn (US$18bn) to government bodies over 20 years and Brl32bn (US$6bn) in performance obligations over the next 1-2 years.
Miners BHP, Vale Sign $32 Billion Settlement for Deadly 2015 Dam Collapse
The settlement between the two miners and the Brazilian government is the result of years of litigation after the dam collapse that killed 19 people and polluted more than 400 miles of river.
BHP reaches $30 bln settlement for reparation of Brazil dam failure
Miner BHP Group said on Friday it has reached a R$170 billion ($29.93 billion) final settlement with Public Authorities in Brazil for reparation of Samarco's Fundão dam failure.
BHP Group: Dividend Play With Long-Term Upside
BHP Group is a global mining giant with strong financial performance, offering a 5% dividend yield, making it attractive for income-focused investors. Copper and iron ore are BHP's primary revenue drivers, benefiting from clean energy expansion, AI adoption, and China's economic stimulus measures. Despite challenges in coal and nickel, BHP's profitability remains robust, with copper and iron ore contributing over 95% of earnings.
BHP says claim it put safety over profit 'unjustified' in Brazilian dam collapse case
BHP said on Wednesday that allegations a pursuit of profit over safety contributed to Brazil's worst environmental disaster were "far-fetched and unjustified", as the miner opened its defence to a mammoth lawsuit at London's High Court.
BHP faces $47 billion UK lawsuit over Brazilian dam collapse
A hearing in a lawsuit against BHP over Brazil's worst environmental disaster, the 2015 collapse of the Mariana dam, will begin at London's High Court on Monday, with claimants seeking up to 36 billion pounds ($47 billion) in damages.
BHP Q1 Iron Ore Production Rises 2% Y/Y, Copper Increases 4%
BHP reports iron ore production of around 65 Mt in the first quarter of fiscal 2025. The miner expects production in fiscal 2025 to be between 255 Mt and 265.5 Mt.
Endeavour Mining poaches new exploration head from BHP
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) has appointed senior BHP executive Sonia Scarselli as its new Executive VP of Exploration from the start of December. Scarselli is VP at both BHP Exploration and BHP Xplor, leading its global exploration programme and the exploration Accelerator Programme respectively.
BHP to Test CAT's Groundbreaking Energy Transfer System at Its Mines
BHP announces plans to trial Caterpillar's Dynamic Energy Transfer system on battery electric and diesel-electric mining trucks at its sites.
BHP to test Caterpillar's new energy transfer system on its mining trucks
BHP Group said on Thursday it plans to test U.S.-based equipment manufacturer Caterpillar's new technology, which transfers energy to diesel-electric and battery-electric large mining trucks while they are working on a mine site.
