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The Latest Breaking News from BHP

Labour turmoil sweeps Australia as inflation stirs 'spirit of anger'

After a decade of making up to A$200,000 a year (about US$135,000) on oil and gas rigs as a fitter and subsea equipment specialist in Western Australia, Adam Naylor had had enough.

Reuters

Tobacco companies can’t sponsor Australian arts. Should fossil fuel giants be banned too?

A 350.org database shows almost two dozen arts organisations are still reliant on mining money – but some are hunting for alternatives

The Guardian - AU

BHP set for $9.6b OZ Minerals acquisition

OZ Minerals will grant BHP due diligence for four weeks on an exclusive basis following a revised $9.6 billion takeover offer.

AAP

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Port land sale continues despite container bill passing

The NSW Department of Planning and Environment says the sale process for a key parcel of former BHP land at Mayfield is "independent" of container terminal legislation which passed through Parliament last week.

Newcastle Herald

This Is What Whales Are Betting On BHP Group

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

Dan Repacholi says 'no mining tax' but Anthony Albanese refers to 'extraordinary profits'

Labor looks to lift tax from coal, gas sectors

Newcastle Herald

BHP adapts to 'megatrends', sorry for harm

BHP is looking for assets at the right price as the world demands more minerals to build a net-zero economy, but doesn't see a future in green steelmaking.

AAP

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China's demand for Australian iron ore stalls, sending the price for our biggest earner spiralling

WA's iron ore miners are ramping up production with new mines, but with the commodity price falling, is it worth it?

ABC News

Remembering the life and work of playwright John O'Donoghue

Playwright John O'Donoghue certainly made his mark on the nation. He also left an unpublished work.

Newcastle Herald

Qld BHP workers launch industrial action

Workers at four BHP-Mitsubishi Alliance coal mines in central Queensland have launched industrial action in a dispute over job security.

AAP

Shofu Maru is cutting greenhouse gases. Last century, Swift Wings was just saving fuel

Wind Challenger had a predecessor

Newcastle Herald

Qld coal miners plan action over pay deal

Workers at four BHP-Mitsubishi Alliance coal mines in Queensland have voted to take industrial action over job security provisions in a fresh pay agreement.

AAP

All That Glitters: What 3 Global Mining Companies Offer High-Yield Dividends?

The iShares MSCI Global Select Metals & Mining Producers ETF (BATS: PICK) is down roughly 16.53% year-to-date. Despite being down, it was considerably better than the S&P 500 down nearly 21% year-to-date.

Benzinga

Former Hunter miner says state's commitment to ban open cut works at Dartbrook is small comfort in broader context

"I'm not saying that we should be shutting mines tomorrow and kicking people out of jobs," he said, "(But) there's a lot more work that needs to be done."

Newcastle Herald

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AAP

Iron ore railcars to be made in WA

More iron ore rail cars will be made in Western Australia rather than overseas in the latest manufacturing commitment in the state.

AAP

BHP 'well-positioned' for more uncertainty

Amid tricky global conditions, mining giant BHP is backing itself to win long-term from the mega-trends of decarbonisation and electrification.

The Guardian - AU

BHP proposal to extend Queensland coalmine until 2116 ‘delusional’, activists say

Proposed expansion would cover about 4,000 hectares and involve clearing of habitat for the koala, greater glider and other threatened species

Benzinga

Russia Fines TikTok, Amazon's Twitch, India Exported $1B iPhones, Sony Eyes Investment For PC & Mobile Push: Top Stories Tuesday, Oct. 04

Bloomberg

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ABC News

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.

AAP

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.

Newcastle Herald

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

Life in a telephone booth after the war

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

StockNews.com

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…

Newcastle Herald

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.

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