The Latest Breaking News from BHP

Platinum prices are rising due to tight supplies although the metal has fallen out of favour as miner Anglo American seeks to offload assets and fight a vast takeover bid from Australian rival BHP. The metal is used in the manufacture of catalytic converters for high-polluting petrol engines -- but…

Asian markets suffered a downturn Tuesday after racking up a series of gains as profit-takers stepped in, while traders were also spooked by a surge in commodity prices.

UK mining company reveals breakup plan in bid to avoid takeover by Australia-based BHP

After rejecting an improved takeover offer worth GBP34 billion ($43 billion) from BHP, which had hoped to create a copper titan, Anglo said it was accelerating plans to simplify the group and reward shareholders in a "radical" revamp.

Investors eagerly await a potential increase in BHP Group's offer for Anglo American, impacting the mining industry.

The ASX200 has dipped 0.3 per cent as traders wait to see if US inflation has cooled.

Treasurer Jim Chalmers is expected to forecast first back-to-back surplus since 2007; mining giant sees improved bid for Anglo rejected

Complex proposal will need to be backed by a bigger figure to put board under real pressure

Australian mining giant BHP revealed Monday that British rival Anglo American has rejected an "improved" takeover bid worth GBP34 billion ($43 billion) as it aims to create a copper titan.