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The Latest Breaking News from BHP

ASX plumbs new low for the year in third straight fall

Australian shares have continued their downward trajectory as US protectionism escalates global tensions and drives market uncertainty.

AAP

Anglo American writes down value of diamond firm De Beers by $2.9bn

Sale of the miner, which is now valued at $4bn, may be delayed following ‘really, really difficult’ market

The Guardian - UK

Aussie shares plunge to five-week low on weak earnings

The ASX200 finished down 1.2 per cent on its biggest day of earnings season, with heavy losses for the big four banks, Fortescue and Goodman Group.

AAP

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With Whyalla steelworks forced into administration, Australia has crucial decisions to make on the future of its steel industry

Whyalla is a proud steel town. The steelworks physically dominates the townscape, and most jobs in the town are either directly at the steelworks or heavily reliant on it.

The Conversation

BHP trims dividend to 8-year low amid weak China demand

BHP will pay shareholders an interim dividend of $A78 cents per share, down from $A1.13 per share a year ago, after a 23 per cent profit drop.

AAP

Cyclone Zelia makes landfall in Western Australia as residents told its ‘too late to evacuate’

Rapidly intensifying to the highest Category 5 level, Zelia packed wind speeds of up to 290kmph

The Independent UK

3 Copper Stocks Gaining from the EV and Renewable Energy Boom

The clean energy revolution fuels an insatiable demand for copper, a metal critical to EVs, renewable power, and modern infrastructure. With prices on the rise and supply tightening, top copper miners like BHP Group Ltd. (BHP), Rio Tinto (RIO), and Southern Copper Corp. (SCCO) are poised for strong gains. Continue…

StockNews.com

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3 Mining Companies Extracting Profits From Green Metals

As the global economy transitions toward sustainability, the demand for green metals is expected to surge. Thus, investors might consider adding three green metal mining companies, Southern Copper (SCCO), Rio Tinto Group (RIO), and BHP Group (BHP), for the clean energy revolution and growth prospects. Read on….

StockNews.com

Should non-disclosure agreements be restricted in cases of workplace sexual harassment? Here’s what reforms need to get right

Non-disclosure agreements (NDAs) are again in the spotlight – mostly because of how they can affect the way companies deal with sexual harassment allegations.

The Conversation

Mining giants sued over alleged sexual harassment

Hundreds of women who worked at BHP and Rio Tinto will be contacted as part of a lawsuit over alleged harassment at mining sites.

AAP

Milestone for renewable energy to power iron ore port

An energy project combining cyclone-busting solar panels and a big battery has been built in the Pilbara region to decarbonise iron ore port operations.

AAP

1 Mining Stock to Buy as M&A Speculation Ramps Back Up

The six-month hold on BHP trying to take over Anglo American again has passed. The fundamentals of the copper market long-term suggest BHP - desperate to add more copper assets to its portfolio - will make another bid for Anglo American. However, the bid may not come until Anglo makes…

Barchart

Anglo American agrees £3bn deal to sell remaining coal operations

The sale comes amid turnaround efforts at Anglo American after it fended off a £39 billion takeover proposal by rival BHP earlier this year.

Evening Standard

Premier flags tax stability for multinational miners

A mining boss has labelled Queensland's coal royalty scheme a 'sugar hit' as the premier looks to incentivise business with fewer taxes and regulation.

AAP

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The Conversation

Traditional owners and scientists worked together on ‘coral IVF’ projects. Here’s what we found

The Great Barrier Reef, which supports an estimated 64,000 jobs and has a social and economic value of around A$6.4 billion, is under threat due to human-induced climate change.

Newcastle Herald

Expect more earthquakes as latest Muswellbrook event linked to August 'swarm'

The quake has caused power outages across the region.

Newcastle Herald

Take away Lidia Thorpe's right to protest at your peril, armchair critics

Letters: 'Anyone would think she committed murder.'

AAP

Sceptics question BHP pursuit of 'risky' carbon capture

BHP says it is "unapologetically" looking at carbon capture and storage as sceptics question the mining giant's pursuit of the technology over other solutions.

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The Guardian - UK

Mining firm BHP says it has ‘moved on’ from failed Anglo American bid

Chair suggests company will not make fourth takeover offer and will instead focus on other growth opportunities

AAP

BHP digs in over coal royalties and labour hire stance

Multinational BHP says it will continue to work with the Queensland government over coal royalties after protesters demonstrated outside their AGM.

AAP

Australia to test drive a battery electric dual-cab ute

An electric ute prototype from Toyota will be put the test in Australia during the next year but there is no word on when it might be released for sale.

AAP

Australian shares in quiet start ahead of two big weeks

The ASX200 finished 0.1 per cent higher, with far more volatility expected later amid interest rate decisions, inflation readouts and a US election.

Top News

Brazil Reaches Billion Settlement With Mining Companies

Brazil settles with mining companies over 2015 dam collapse, victims seek justice and reparations.

International Business Times

BHP, Vale Agree To Pay $30bn Damages For Brazil Dam Disaster

Mining giants BHP and Vale on Friday signed a deal with Brazil's government to pay nearly $30 billion in damages for a 2015 dam collapse that triggered the country's worst environmental disaster.

The Guardian - UK

Victims of Brazil’s worst environmental disaster to pursue claim in UK despite $31bn settlement

Case continuing in high court despite deal agreed with miner BHP to compensate those affected by dam collapse in 2015

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