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The Latest Breaking News from BHP

PNG minister, police hit out at Australia over extradition request for alleged fraudster and Cairns resident Samson Jubi

A Papua New Guinea government minister and top justice officials have revealed "extreme" frustrations with Australia, accusing it of harbouring a Cairns resident wanted for one of the biggest alleged frauds in the country's legal history.

ABC News

Rio Tinto joins 'first movers' carbon club

Rio Tinto has caught up with iron ore peers BHP and Fortescue Metals Group as the latest to join a global coalition of top companies looking to cut emissions.

AAP

Top BHP man lived a full life: 'We knew him as the people's manager'

John Risby - a former Newcastle BHP steelworks general manager - rose through the ranks at BHP and became a 'people's manager'.

Newcastle Herald

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Life in a telephone booth after the war

'I asked him if he knew where my parents were.'

Newcastle Herald

Good Stocks to Invest in Right Now? 1 Copper Stock to Hold and 2 to Buy

Increasing investments in green infrastructure are boosting copper demand. However, the recessionary environment could hamper the industry’s near-term prospects. While it might be best to wait for a better entry point in Freeport-McMoRan (FCX), two copper stocks, BHP Group (BHP) and Vale S.A. (VALE), could be worth adding to your…

StockNews.com

2 Industrial Stocks to Buy Right Now That Are Better Than 3M

Despite the ongoing supply chain disruptions, the industrial sector has witnessed growth in factory production. Additionally, accelerating the adoption of advanced technology should boost the industry’s prospects. The industrial conglomerate 3M Company (MMM) has recently announced layoffs, and its overhanging legal woes look concerning. Thus, we think fundamentally strong industrial…

StockNews.com

Digging deep: big jump in Mt Arthur's coal royalty bill revealed

BHP's Mt Arthur coal mine paid $264 million to the state government in coal royalties last financial year on the back of a massive spike in coal prices, the company's annual report has revealed.

Newcastle Herald

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Corporate Australia just received a glowing profit report card, but the outlook is not as rosy

Reading between the spreadsheet lines, the annual earnings season gave a few hints of what is to come for corporate Australia and the broader economy over the next year.

ABC News

Looking At BHP Group's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on BHP Group (NYSE:BHP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

BHP 'contributed $79bn to Aust economy'

BHP says it paid $18.5 billion directly to governments in Australia in 2021/22, with a total economic contribution of $79.3 billion to the country.

AAP

Market Wrap: Tough talk from the US and a BHP stock shock dominate this week’s markets

US markets tumbled this week after the Federal Reserve chair made a hawkish rates speech, while BHP shares dragged down the ASX

The New Daily

Huge profits for fossil-fuel giants Woodside and Santos stoke calls for windfall tax

Senator David Pocock and Bob Carr among those urging Albanese government to claw back massive mining profits

The Guardian - AU

Woodside profit quadruples amid gas crisis

Australia's largest oil and gas company Woodside Energy has quadrupled profits on soaring prices amid a global energy crisis, boosted by assets bought from BHP.

AAP

Company profits lift but caution prevails

A majority of Australian companies have lifted profits in the August earnings season but concerns over costs and a slowing economy weigh on the outlook.

AAP

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ABC News

As EVs drive a mining revolution, will Australia become a battery minerals superpower?

A cocktail of minerals is needed to make EV batteries and Australia has them in abundance. But will the country capitalise on its natural resources advantage?

The Guardian - AU

Pay up: mining and gambling companies told not to expect sympathy over Queensland tax hikes

Campaigns against changes to coal royalties and betting taxes given short shrift by government and advocates

The Conversation

Unfair dismissal rulings show personal circumstances matter in vaccine refusals

While legal challenges against federal and state vaccine mandates have come to nothing, in recent months two Australian workers have won unfair dismissal cases after being sacked for not complying with their employer’s vaccination orders.

Newcastle Herald

Running the lines around Dyke Point

They may not be in boats that are as large and as imposing as the tugs, but the linesmen are an integral part of Newcastle harbour life, helping tie up and release more than 2000 ships each year - and that is just one activity that is part of the…

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news in one place.

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The New Daily

Australian stock exchange continues rebound despite messy jobs data and inflation fears

There was no stopping the ASX200 this week as it traded to a 10-week high supported by better-than-expected earnings, including a thumping result from BHP.

ABC News

BHP pauses coal investments in Qld over royalty rises, future of Blackwater South mine in doubt

The decision means investment into the new Blackwater South coal mine in central Queensland is now paused.

Evening Standard

BHP to make record dividend payment after coal recovery lights up its annual earnings

World’s biggest miner expects demand from China to be a ‘source of stability’ in the year ahead

AAP

BHP surges on record FY, coy on OZ Min bid

The stellar result for BHP and shareholders comes after record iron ore sales from WA operations, and with a bid for OZ Minerals' copper and nickel in play.

ABC News

About 50kg of nickel goes into each Tesla battery but the world isn't producing enough to keep up with demand

Nickel is a critical metal in batteries, and the world's miners are struggling to keep up with booming demand as consumers switch to renewables.

The New Daily

Week of gains as markets rally and unemployment hits record low

What to watch in markets this week: The ASX200 closed higher for a fourth straight week, and it is now 10 per cent above its June lows.

StockNews.com

The 3 Best Dividend Stocks to Buy for Retirement

Sky high inflation, the Fed’s rate hikes, and a slowing economy have worried investors and led to massive pressure on the stock market. In such uncertain times, dividend-paying stocks Broadcom (AVGO), BHP Group (BHP), and Insperity (NSP) could be ideal investments for your retirement portfolio, given their fundamental strength. Read…

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