|Bid||1,631.60 x 126000|
|Ask||1,632.40 x 50000|
|Day's Range||1,624.00 - 1,649.61|
|52 Week Range||1,292.50 - 1,803.60|
|PE Ratio (TTM)||18.52|
|Earnings Date||Aug 20, 2018|
|Forward Dividend & Yield||0.72 (4.36%)|
|1y Target Est||24.52|
By Kit Rees LONDON (Reuters) - The UK's top share index edged higher on Thursday, led by a strong rise across beaten-down mining stocks while a still-depressed pound propped up shares in international ...
Aug 16 (Reuters) - Britain's FTSE 100 index is seen opening up 20 points at 7,518 on Thursday, according to financial bookmakers. * RANK GROUP: British bingo and casino operator Rank Group's full-year ...
BP ’s blockbuster $10.5bn deal for a portfolio of shale oil assets from BHP Billiton was not only its biggest acquisition in almost 20 years, it signalled the company’s big comeback into the US following ...
Management at the world's largest copper mine, Chile's Escondida, said it struck a deal on Wednesday on a new labor contract with the union representing most of its workers. Union officials could not be reached for immediate comment on the agreement, which could signal labor peace after last year's historic 44-day strike at Escondida. "We are pleased to have taken this step," Patricio Vilaplana, Escondida's vice president for corporate affairs, said in a statement.
By Kit Rees and Helen Reid LONDON (Reuters) - Britain's top share index sank on Wednesday as emerging markets stress and a sharp selloff in commodities drove down stocks across Europe, with investors running ...
Copper prices fell to a fresh 13-month low Tuesday after data showed fixed-asset investment in China slowed to a nearly two-decade low in the first seven months of the year. Front-month copper for August delivery slumped 1.7% to $2.6765 a pound on the Comex division of the New York Mercantile Exchange—its lowest close since July 13, 2017. Prices are down 19% from their June four-year highs, hurt by worries that trade tensions between the U.S. and China will accelerate a Chinese economic slowdown, weakening demand for materials used in construction and manufacturing.
The union for Chile's Escondida mine, the world's largest copper mine, said on Tuesday it was closer to a contract agreement and would extend talks another day with the company in hopes of averting a planned strike, though health benefits and some other sticking points must be ironed out before a deal can be reached. The company has also given a positive sign of progress, we are closer," said Carlos Allendes, spokesman for Escondida's Union 1. Despite the extension, Allendes stressed that key issues for workers, including health benefits, remain in dispute, risking the chance of an agreement.
The announcement early on Tuesday comes amid fears of a repeat of last year's strike at Escondida, which jolted markets and dampened economic growth in Chile as it dragged on for 44 days. The extension follows five days of closely-watched talks over pay at the mine that have been mediated by the government of Chilean President Sebastian Pinera. Anglo-Australian mining giant BHP (BLT.L) (BHP.AX) also said in a statement that it had agreed to extend talks with the union through Tuesday.
The union at the world's largest copper mine, Escondida in Chile, has called off a strike planned to start on Tuesday after agreeing to extend talks with operator BHP for another day. The announcement early on Tuesday comes amid fears of a repeat of last year's strike at Escondida, which jolted markets and dampened economic growth in Chile as it dragged on for 44 days. The extension follows five days of closely-watched talks over pay at the mine that have been mediated by the government of Chilean President Sebastian Pinera.
Chile's copper industry on Monday braced for the announcement of a potential strike at the world's biggest copper mine, Escondida, as government-led mediation is expected to close by day's end. Escondida's union and the mine's owner, Anglo-Australian firm BHP , have until Monday evening to agree to a contract deal in tense negotiations that have been closely watched by other miners and international markets. The negotiations have been held under tight wraps, but a union source told Reuters that "all will be known today" about negotiations at Escondida, which last year produced 925,400 tonnes of copper, almost 17 percent of the country's total.
The main union at Chile's Caserones copper mine said on Sunday that 98.5 percent of its workers had voted to reject a final offer from mine operator Lumina Copper during mediation. It said it would first meet Lumina, which is controlled by a partnership of JX Holding and Mitsui Mining, for a final period of compulsory mediation starting on Monday at 1030am. Lumina's human resources vice-president Claudio Raffo said the company had offered the most competitive package it could to workers, given that it had failed to meet its production targets, and had to ensure the company and its workers had a "sustainable future".
Insurance, pension and investment group Legal & General , under evangelical boss Nigel Wilson, prides itself on its social purpose. In the past few weeks alone, it has: appointed a boss for its new Affordable ...
The company said it had separately agreed to pay $50 million as part of a settlement for a class action complaint filed by American depositary receipt holders over the disaster. Samarco (SAMNE.UL) and parent companies Vale SA (VALE5.SA) and BHP had signed a deal with Brazilian authorities in June regarding the 2015 dam failure.
BHP Billiton has agreed to pay a group of shareholders $50m to settle a class action related to the 2015 Samarco dam disaster, as the mining giant continues to negotiate a $41bn civil claim in Brazil. ...
The first time Karen Requena entered the cafeteria at BHP Billiton’s massive Escondida mining operation in northern Chile, she couldn’t help feeling countless eyes fixed on her body as she walked across the vast hall. Then as Requena looked for a place to sit, the noise started. It was 2012, and Requena was working 10-day shifts as an Escondida safety officer for BHP Billiton contractor Villatol.
RIO DE JANEIRO (Reuters) - Iron miner Samarco, a joint venture of Brazil's Vale SA (VALE3.SA) and Australia's BHP Billiton Ltd (BHP.AX), expects to obtain next year all licenses needed to resume operations ...
By Danilo Masoni MILAN (Reuters) - Britain's top share index rose on Tuesday as miners and oil stocks tracked rising commodity prices, although some disappointing updates including from Intertek and Hargreaves ...
BHP Billiton has requested five days of government-mediated talks as it seeks to end a pay dispute with the main union at Escondida, the world’s biggest copper mine. If there is no agreement, a strike will begin on 14 August, although negotiations could be extended by another five days if both parties agree. “In response to the call made last week by the Regional Governor, the company has formally requested the obligatory mediation of the Antofagasta Labour Inspection Service,” the company said in a statement.
Miner BHP said on Monday that it had formally requested a period of government mediation with the union at its Escondida copper mine in Chile, the world's largest, just hours before workers threatened to begin a strike. The union had earlier asked the company to negotiate by 10:00 a.m. local time (1400 GMT), but said in a statement later on Monday that it had begun preparing for a strike. "We have asked authorities for obligatory mediation because we want to reach an agreement and because we know that no one wants a strike," said Patricio Vilaplana, BHP vice president for corporate affairs, in a statement.
Chile increased its copper production to 2.83 million tonnes in the first six months of this year, a 12.3 percent gain on the same period the previous year, Chilean copper commission Cochilco said on Monday. State-owned Codelco produced 875,300 tonnes of copper from January to June, a 2.9 percent year on year gain, while mining company Escondida, controlled by BHP, produced 647,300 tonnes, a 97.4 percent on the same period last year which saw output hampered by a lengthy strike.
Miner BHP said on Monday that it had formally requested a period of government mediation with the union at its Escondida copper mine in Chile, the world's largest, hours before the union threatened to ...