BHP Group Ltd (LSE:BHP, ASX:BHP), the Aussie mining titan, is scheduled to report results on the evening of August 26 (Tuesday) with strategy to be a key theme predicts US bank Jefferies. Expect the failed bid for Anglo American to figure prominently in the post-numbers discussion, it says.
A new incentive regime for mining in Argentina is attracting major players such as BHP, who are starting to eye the South American country as the world's next frontier for copper, more than half a dozen mining industry officials told Reuters.
Mining giant BHP's quick fix to a recent six-day strike at its huge Escondida copper mine in Chile could set the tone for upcoming negotiations elsewhere, with workers emboldened by high copper prices to push for a larger share of the profits.
Cingulate Inc (NASDAQ: CING), a biopharmaceutical firm specializing in innovative ADHD treatments, experienced a remarkable surge in its stock price on Friday, with shares skyrocketing by 115%. This dramatic increase is attributed to the company's recent achievement of securing a European patent for CTx-1301, its flagship ADHD treatment.
The union at Chile's Escondida copper mine, the world's largest, signed a deal on Sunday with BHP , ending the risk of a further strike that could have threatened global supplies of the red metal.
Global mining giant BHP has reached an agreement with a striking union at its massive Escondida copper mine in Chile, the firm said on Friday, which will see the three-day strike called off and defuse fears about a hit to global supplies of the metal.
Australia's Whitehaven Coal will cut a total of 192 jobs at the Daunia and Blackwater coking coal mines it took over from global miner BHP Group , the firm's spokesperson said on Friday.
A strike at mining giant BHP's huge Escondida mine in Chile entered its third day on Thursday, bolstering global copper prices as an ongoing standoff between the company and workers starts to spread worries about supply of the red metal.
BHP, the world's biggest mining company, is facing a costs squeeze on both sides of the Pacific from organized labor at its mines in Australia and Chile.
Workers at BHP's Escondida copper mine in Chile will go on strike starting on Tuesday after failing to reach an agreement with the company, according to a statement from the union.
BHP Group , the world's top miner, is mulling a sale of Brazilian copper and gold assets it took over as part of the buyout of smaller peer Oz Minerals, Bloomberg News reported on Wednesday, according to people familiar with the matter.
Mining giants Rio Tinto, Anglo American and BHP Group were all downgraded after a gauge monitoring sector demand flashed a strong 'sell' signal. The 'restocking indicator' from broker Panmure Gordon reported its weakest signal since mid-2022, with a turnaround after a long bull run.