BHP - BHP Group
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 50.77 |
| Open | 51.15 |
| Bid | 0.00 x 1300 |
| Ask | 0.00 x 1200 |
| Day's Range | 51.09 - 52.52 |
| 52 Week Range | 29.78 - 58.88 |
| Volume | 2,436,186 |
| Avg. Volume | 2,197,007 |
| Market Cap | 134.01B |
| Beta (5Y Monthly) | 1.00 |
| PE Ratio (TTM) | 14.11 |
| EPS (TTM) | 3.71 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.60 (5.12%) |
| Ex-Dividend Date | Mar 05, 2020 |
| 1y Target Est | 49.65 |
- Reuters
RPT-BHP faces first step in $6.3 billion UK claim over Brazil dam failure
More than 200,000 Brazilian people and groups will next week kick off a 5 billion-pound ($6.3 billion) lawsuit against Anglo-Australian miner BHP in Britain over a 2015 dam failure that led to Brazil's worst environmental disaster. An initial, eight-day hearing will establish whether the case can be heard in Britain, although the judge is expected to reserve judgment until later in the year. BHP spokesman Neil Burrows said the claim did not belong in Britain because it duplicated proceedings in Brazil and the ongoing work of the Renova Foundation, an entity created by the miner and its partners to manage reparations and repairs.
- Reuters
Board of Canada's Cornerstone rejects BHP-backed SolGold's offer for 2nd time
The board of Cornerstone Capital Resources Inc on Tuesday rejected BHP-backed SolGold Plc's takeover offer for the second time, saying it undervalued the Canadian copper and gold miner. "For the second time, the Board is unanimous that SolGold's proposal substantially undervalues Cornerstone," Chairman Greg Chamandy, who has a 10% stake in the company, said in a statement. About 65% of Cornerstone shareholders have said they will not support SolGold's second offer.
- Reuters
BHP faces first step in $6.3 billion UK claim over Brazil dam failure
More than 200,000 Brazilian people and groups will next week kick off a 5 billion-pound ($6.3 billion) lawsuit against Anglo-Australian miner BHP in Britain over a 2015 dam failure that led to Brazil's worst environmental disaster. An initial, eight-day hearing will establish whether the case can be heard in Britain, although the judge is expected to reserve judgment until later in the year. BHP spokesman Neil Burrows said the claim did not belong in Britain because it duplicated proceedings in Brazil and the ongoing work of the Renova Foundation, an entity created by the miner and its partners to manage reparations and repairs.
- Reuters
Lundin defends early retirement package for Chile's Candelaria workers
Chile's Candelaria copper mine, run by the Canadian firm Lundin Mining Corp, on Tuesday rejected claims by the mine supervisors´ union that it is planning to lay off workers, saying the claim relates to the offer of an early retirement package for older workers. Candelaria said the measure was part of an "optimization programme" to ensure the sustainability of its operation in Chile's northern Atacama region. Copper production out of Chile has not yet been significantly impacted since the coronavirus outbreak started in March.
- Zacks
The Zacks Analyst Blog Highlights: Walmart, BHP, International Business Machines, Costco Wholesale and Morgan Stanley
The Zacks Analyst Blog Highlights: Walmart, BHP, International Business Machines, Costco Wholesale and Morgan Stanley
- Reuters
BHP´s Escondida mine in Chile offers early retirement package amid pandemic, union balks
Global miner BHP Group Ltd said on Wednesday its Escondida copper mine in Chile, the world's largest, had offered some workers the option for early retirement amid the coronavirus pandemic, a plan blasted by the company´s union as a scheme to oust the old and sick. Escondida said in a statement to Reuters the offer would provide an "improved" package of retirement benefits to workers who met its "requirements." Government mandates have already required the most vulnerable workers be sidelined to protect their health.
- Bloomberg
U.S. Cases Rise Most Since May 9; Texas Mask Order: Virus Update
(Bloomberg) -- U.S. cases jumped the most since May 9 and Florida’s new coronavirus infections rose by a record. Texas ordered residents to wear masks as the state reported its second-most daily infections of the outbreak.The coronavirus may be mutating in a way that may make it easier to spread, said Anthony Fauci, the top U.S. infectious disease researcher. Houston reported a 4.3% jump in intensive-care patients, and may need to tap extra beds in less than two weeks.New York City plans to reopen its public schools in September. The U.S. labor market rebound accelerated in June as broader reopenings spurred hiring, though recent virus pickups put the gains in jeopardy.Key Developments:Global Tracker: Cases pass 10.7 million; Deaths top 518,000Life, liberty and face masks: a virus preys on AmericaRights of American workers could change after virusAn unfestive July 4th as states call off the celebrationsDining out means plexiglass, planters, hand-washing stationsUnderstanding the virus and its unanswered questionsCovid-19 isn’t killing cash. People are hoarding more of itThe post-pandemic hotel looks a lot like a cruise shipSubscribe to a daily update on the virus from Bloomberg’s Prognosis team here. Click VRUS on the terminal for news and data on the coronavirus.Texas Cases Rise Tops 7-Day Average (5 p.m. NY)Texas recorded its second-worst day of the pandemic with 7,915 new cases, according to state health department data on Thursday. The 4.7% growth rate surpassed the seven-day average of 4.2%. That followed Wednesday’s record tally of 8,076 new diagnoses.Virus-related hospitalizations expanded by 6.9% to 7,382, the data showed, as medical facilities in Houston and elsewhere showing increasing signs of strain. Fatalities rose by 1.8% to 2,525. Texas Issues Mask Order (4:30 p.m. NY)Texas Governor Greg Abbott ordered residents to wear face coverings amid a spike in cases in the second-most populous U.S. state.In a reversal of his months-long opposition to such a mandate, Abbott on Thursday said the order applies to all counties with 20 or more virus cases. He also barred people from gathering in groups larger than 10.The Republican governor has been under growing pressure from Democratic mayors and county leaders to crack down or at least grant them authority to mandate masks and other restrictions.U.S. Cases Rise the Most Since May 9 (4 p.m. NY)Coronavirus cases in the U.S. rose by 56,800 from a day earlier to 2.72 million, according to data collected by Johns Hopkins University and Bloomberg News. The 2.1% increase was higher than the average daily increase of 1.7% over the past week and the biggest jump since May 9. Deaths rose 0.6% to 128,439.Florida reported 169,106 cases, up 6.4% from a day earlier, compared with an average increase of 5.6% in the previous seven days.Arizona reported 3,333 new cases, an increase of 4% to 87,425. Deaths increased by 37, to a total of 1,757.California cases rose 1.7% to 240,195 while deaths rose 1.2% to 6,163, according to the state’s website.N.J. Doubles Outdoor Gathering Limit (4 p.m. NY)New Jersey Governor Phil Murphy doubled the state’s outdoor gathering limit, to 500, starting Friday morning. Outdoor religious services and political activities, such as demonstrations, have no cap. Indoors, the crowd maximum remains 25% of a space’s capacity, with 100 people at most.Murphy this week indefinitely delayed lifting a ban on indoor dining, which was to restart on Thursday, citing “knucklehead” non-distancing behavior at New Jersey outdoor establishments and spiking cases nationally. New Jersey reported 13,251 dead who tested positive for the novel coronavirus and another 1,854 fatalities with a probable but untested link.Djokovic, Wife Test Negative (3:15 p.m. NY)Novak Djokovic and his wife tested negative for the coronavirus, his media team said Thursday, 10 days after announcing they had contracted the disease, the Associated Press said.The top-ranked player tested positive after playing in an exhibition series he organized in Serbia and Croatia. No social distancing was observed at the matches in Belgrade and Zadar, Croatia. Both were in self-isolation in the Serbian capital since testing positive, the statement said.Other players to come down with the virus after participating in the matches in Belgrade and Zadar were Grigor Dimitrov, Borna Coric and Viktor Troicki.Serbia Curbs Club, Cafe Hours as Cases Jump (3 p.m. NY)Serbia reported 359 new cases on Thursday, a level last seen in mid-April, with the biggest surge in the capital Belgrade. President Aleksandar Vucic said the government will limit hours for nightclubs and cafes, ordering them to close by 11 p.m. for the next two weeks, and shutting student campuses at universities.The authorities also will impose fines for those not wearing protective masks in closed spaces, and may tighten measures further if necessary, Vucic said.Covid-19 Mutation May Enable Spread (2:10 p.nm. NY)The novel coronavirus is showing some signs of mutating in a way that may make it easier to spread, according to Anthony Fauci, the director of the National Institute for Allergy and Infectious Diseases.Research currently underway suggests a single mutation is emerging that lets the virus replicate better and create a higher viral load, measures that could make it easier to transmit, Fauci said at an online event Thursday hosted by the Journal of the American Medical Association.There is some dispute about the findings and it’s not clear whether people who become infected with a newer variation of the pathogen fare worse than those with the original strain, he said. “It just seems that the virus replicates better and may be more transmissible,” he said. “This is still at the stage of trying to confirm that.”Moderna Sets Human Trial for Vaccine (1:40 p.m. NY)Drug-maker Moderna Inc. said a 30,000-patient trial of its Covid-19 vaccine candidate will start late this month, although a Stats News article earlier Thursday said the work had been expected to begin next week. Shares fell as much as 9.4% after the report. Company spokesman Ray Jordan confirmed to Bloomberg the trial should start in or by late July, which he said is consistent with the window previously communicated. The company is “working through finalizing of sites,” he said.Stats earlier said Moderna is making changes to the trial, which delayed the start date, and investigators told the news site that changes are common.Houston May Tap Surge ICU Beds (12:40 p.m. NY)Houston posted a 4.3% increase in Covid-19 patients in intensive care, and at the current rate of expansion the city’s hospitals will have to tap a second tranche of so-called surge beds on July 14, according to the Texas Medical Center.In the first phase of surge capacity, 5.4% of the 373 beds already are occupied after the normal ICU space was overwhelmed earlier this week, the medical center said on its website on Thursday. The second phase has 504 beds available. To be sure, 62% of the city’s ICU capacity is occupied by non-virus patients.Trump: Three Vaccine Candidates ‘Really Good’ (12:10 p.m. NY)Three vaccine candidates are “looking really, really good” in trials, President Donald Trump said Thursday at a White House event showcasing small businesses. Trump said three more vaccines will begin trials “shortly,” without elaborating.The military is standing by, ready to distribute the vaccines, Trump said. A vaccine will be out “soon,” the president said.GOP Lawmaker Urges End of Task Force (12:35 p.m. NY)An influential U.S. House Republican from Arizona, which is enduring one of the worst Covid-19 spikes, urged President Donald Trump to disband the White House coronavirus task force because he said it’s hindering the economic recovery.Scientists are causing an unnecessary “panic,” Representative Andy Biggs, who represents the suburbs east of Phoenix, said in a statement. “Dr. Anthony Fauci and Dr. Deborah Birx continue to contradict many of President Trump’s stated goals and actions for returning to normalcy as we know more about the Covid-19 outbreak,” said Biggs, chairman of the House Freedom Caucus, a group of conservatives whom Trump often consults.Italy Hospitals Cases Under 1,000 (12:05 p.m. NY)Italy’s hospitalized Covid-19 patients fell to 963 on Thursday, the first time its been under 1,000 since early March, according to the Health Ministry. Hospitalizations peaked at about 29,000 in early April; patients in intensive-care units fell to 82.The country, once the outbreak’s European epicenter, registered 201 new cases, in line with the previous 7-day average of 193, and 30 deaths, down from 21 on Wednesday. Total fatalities are 34,818.Arizona Cases Climb 4% (11:50 a.m. NY)Arizona reported 3,333 new cases Thursday, an increase of 4% to 87,425. The number of deaths increased by 37, to a total of 1,757, the Department of Health Services said.The state registered a record-high 4,878 daily infections and 88 new deaths Wednesday. Vice President Mike Pence visited Arizona the same day but didn’t mention the record figures. He said he was optimistic as the number of “fatalities are declining across the country.”NYC Schools Plan September Reopening (11:15 a.m. NY)New York City plans to reopen the nation’s largest public school system in September with social-distancing guidelines and the maximum number of students at the start, Mayor Bill de Blasio said Thursday.De Blasio said he anticipates some schools will have enough space for all their students, even with new guidelines. Those schools that can’t accommodate all students will operate on a staggered schedule, which will be announced “well in advance,” he said.Everyone will be required to wear face masks and facilities will undergo a deep cleaning each day.Houston Hospitals Tested (11:05 a.m. NY)In Houston and the nine counties surrounding it, virus patients in regular hospital beds outnumber intensive-care cases by almost 3-to-1, according to data from the SouthEast Texas Regional Advisory Council. The figures underscore the pressure on medical staff to care for patients not sick enough to require the most-invasive measures.There were 691 Covid-19 patients in ICU wards Wednesday night in the region including Houston, one of the hardest-hit cities in the U.S. Sunbelt’s accelerating outbreak, according to Setrac data Thursday. That population was dwarfed by the 1,948 virus cases in regular hospital care.Covid-19 patients of all types accounted for 26% of hospitalizations in the region, up from 7.6% at the end of May. Setrac doesn’t publish data on regional ICU or hospital capacity.Nashville Reverses on Reopening (10:45 a.m. NY)Tennessee’s Davidson County, which includes Nashville, reversed course after reporting a one-day record for new cases and will close socially driven businesses such as event and entertainment venues, Mayor John Cooper said in a statement.Restaurants can remain open but must cut capacity to 50% from 75%, he said, noting the rate of new cases fell while bars and eating places were at half capacity. The city -- a popular U.S. tourist attraction -- will operate under the rules for several weeks, he said.Denmark Allows More Travelers (10:40 a.m. NY)Denmark will allow leisure travel from Australia, Canada, Japan, New Zealand, South Korea and Thailand, the Ministry of Foreign Affairs said in a statement. Citizens from the six countries can enter if they have booked at least six nights of stay, the Danish ministry said.Florida Deaths Rise Most in Month (10:30 a.m. NY)Florida reported 169,106 Covid-19 cases on Thursday, up 6.4% from a day earlier, compared with an average increase of 5.6% in the previous seven days. Deaths among Florida residents reached 3,617, an increase of 67, the most in a month, according to a statement that includes data through Wednesday. Daily hospitalizations reached a record 325. The median age of cases increased to 37 from 36 a day earlierAirlines Get U.S. Loans (10:15 a.m. NY)The U.S. Treasury agreed on loan deals with American Airlines Group Inc. and four other carriers, further bolstering liquidity as the virus all-but killed travel demand. American confirmed it will borrow $4.75 billion to weather the travel crisis caused by the pandemic. Frontier Airlines, Hawaiian Airlines, SkyWest and Spirit Airlines also reached deals to borrow from the Treasury.Mnuchin Hints at School Aid in Stimulus (10:20 a.m. NY)Treasury Secretary Steven Mnuchin said the Trump administration is in contact with schools and universities on reopening, and officials are considering help in the next round of economic stimulus to “properly equip” schools for social distancing and to make other adjustments. “In most cases, schools will be able to open safely,” Mnuchin said at the White House.As Cases Surge, South Africa Hub Adds Beds (9:26 a.m. NY)South Africa’s Gauteng province, which includes Johannesburg and Pretoria, will add more than 2,000 hospital beds this month and is considering localized lockdowns and curbs on alcohol as the number of cases surges.The country’s commercial hub has recorded about 3,000 infections a day in the past two weeks, the most nationwide, and hospitalizations and the mortality rate have increased “dramatically,” David Makhura, the province’s premier, said Thursday. Currently 144 patients require ventilators in the region, up from just four a month ago.England’s Infection Rate Has Leveled Off: ONS (9:20 a.m. NY)An average of 0.04% of the community population, the equivalent of 25,000 people, had Covid-19 between June 14 and June 27, the Office for National Statistics estimated. The figure was 0.06% in the previous two-week period and more than 0.3% when the survey started in April. Estimates are based on tests performed on a sampling of people outside of hospitals, care homes and other institutional settings.U.S. June Jobs Rise Above-Forecast 4.8 Million (8:30 a.m. NY)The rebound in the U.S. labor market accelerated in June as broader reopenings spurred more hiring, though filings for unemployment benefits remained elevated last week as coronavirus cases picked up. Payrolls rose by 4.8 million in June after an upwardly revised 2.7 million gain in the prior month, according to a Labor Department report. The unemployment rate fell for a second month to 11.1%, still far above the pre-pandemic half-century low of 3.5%.Wells Fargo Hits Brakes on Student Loans (8:11 a.m. NY)Wells Fargo & Co. is pulling back from student lending as the U.S. surge in coronavirus cases threatens to further disrupt higher education and the broader U.S. economy.The firm, which has been reviewing businesses under new Chief Executive Officer Charlie Scharf, said student loans for the upcoming academic year will be granted only to people who submitted applications before July 1 or to customers who already have an outstanding balance on a prior student loan from the bank.England’s Schools to Reopen From September (7:48 a.m. NY)Restrictions on class sizes will be lifted to allow English schools, colleges and nurseries to fully reopen in September, at the start of the next academic year, Education Secretary Gavin Williamson said. Prime Minister Boris Johnson’s government is trying to persuade schools to return to normal, amid concerns that pupils are falling behind in their education and parents are unable to work effectively while educating their children.Botswana President Quarantines After Aide Tests Positive (7:18 a.m. NY))Botswana President Mokgweetsi Masisi started 14 days of quarantine after an “official closely serving him” tested positive for coronavirus, according to a statement emailed by the Office of the President.Airbnb Restricts Bookings for Some U.S. Guests Under 25 (7:12 a.m. NY)Airbnb Inc. will restrict guests under the age of 25 with less then three positive reviews from booking entire home listings that are close to where they live, the company said in a statement. The measure will support “safe and responsible” travel in the U.S. and follows a similar initiative in Canada that was implemented earlier this year.EU Seeks to Secure Remdesivir Doses (7:01 a.m. NY)The European Union is in negotiations with Gilead on the possibility of reserving a “sufficient number of doses” of remdesivir for the bloc’s member states, a European CommissionGerman Parliament Backs $246-Billion Debt Binge to Spur Growth (6:10 a.m. NY)Germany’s lower house of parliament approved additional borrowing that will raise new debt this year to 218 billion euros ($246 billion) to fund spending to put the economy back on track.The Bundestag also backed the government’s stimulus package designed to boost long-term competitiveness and help achieve climate targets, as the country seeks to emerge from its worst recession since World War II.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Reuters
EMERGING MARKETS-Latam stocks up; Mexican, Colombian pesos lead FX gains
* Mexican, Colombian pesos rise on oil prices * Chile's peso supported by copper gains * U.S. jobs report helps risk appetite * Rising COVID-19 cases still weigh (Adds comments, updates prices) By Shreyashi Sanyal July 2 (Reuters) - Latin American stocks and currencies rose on Thursday, led by oil- and metal-linked currencies, after record U.S. job gains boosted hopes for a swift recovery from the pandemic-triggered recession. Wall Street initially rallied on the news but tempered gains as Florida reported a record-shattering 10,000 new COVID-19 cases, fueling demand for the safe-haven dollar. Brazil's real and stocks gained after industrial production rose 7% in May, its second biggest monthly increase on record as economic activity started to pick up.
- Reuters
EMERGING MARKETS-Latam stocks rise; commodity-linked currencies lead gains
* Mexican, Colombian pesos rise on oil prices * Chile's peso supported by copper gains * U.S. jobs report helps risk appetite * Rising COVID-19 cases still weigh By Ambar Warrick July 2 (Reuters) - Latin American stocks and currencies rose on Thursday as strong U.S. jobs data pointed to a swift economic recovery from the coronavirus, with oil- and metal-linked currencies leading gains. Closer to home, Brazil's real and stocks gained after industrial production rose 7% in May, its second biggest monthly increase on record as economic activity started to pick up.
- Reuters
GLOBAL MARKETS-Stocks skip higher ahead of U.S. jobs data
World stocks rose for a fourth straight day on Thursday as encouraging coronavirus vaccine trials kept investors' spirits up ahead of what was expected to be a record rebound in U.S. jobs figures. Economists polled by Reuters expect a bumper 3 million U.S. jobs to have been added in June on top of the 2.5 million created in May, and some generally reassuring data from both Asia and Europe this week. Despite the ongoing rise in global virus cases, Asian equity markets saw their biggest daily climb in more than two weeks overnight, aided by news that a vaccine being trialled by Pfizer and Germany's BioNTech had been well tolerated in early-stage human tests.
- Reuters
GLOBAL MARKETS-Asian stocks near 4-month highs on vaccine hopes, eyes on U.S. payrolls
All eyes are on U.S. employment data, due later in the day, which are expected offer further cues into how the world's largest economy is coping with a rise in coronavirus cases in several states. In a sign the positive sentiment will extend elsewhere, E-minis for S&P500 rose 0.3% while futures for Euro Stoxx 50 rose 0.8% and those for Germany's DAX climbed 0.8%. Risk sentiment was whetted by a COVID-19 vaccine from Pfizer and Germany's BioNTech, which was found to be well tolerated in early-stage human trials.
- Reuters
GLOBAL MARKETS-Asian stocks rise on vaccine hopes, eyes on U.S. payrolls
Asian stocks tracked Wall Street higher on Thursday although sentiment was cautious ahead of U.S. employment data while copper prices jumped to more than six-month highs on a better global outlook and supply fears in top producer Chile. Japan's Nikkei rose 0.4%, China's blue-chip index added 0.6% while Hong Kong's Hang Seng index climbed 1.7%. U.S. employment figures due later in the day are expected to show if the world's largest economy can sustain its fragile recovery as new COVID-19 cases accelerate in several southern states.
- Reuters
BHP´s Cerro Colorado copper mine in Chile to scale down operations
Global miner BHP said on Wednesday it would begin to ramp down activity at its small Cerro Colorado copper mine in Chile amid the coronavirus pandemic which has thrown metals markets into disarray. Cerro Colorado produced 71,700 tonnes of copper in 2019, or approximately 1.2% of Chile´s total. "This measure is necessary to maintain a viable operation during the years that remain... which will be marked by high uncertainty and financial volatility," the company said in a statement.
- Zacks
Chevron Snaps Up Gas Sales Deal With BHP in Western Australia
Chevron (CVX)-run Gorgon and Wheatstone natural gas facilities are expected to churn out 500 terajoules of domestic gas daily for the Western Australian market.
- SmarterAnalyst
Chevron Clinches Australia Gas Deal With BHP Nickel West
U.S. energy giant Chevron Corp. (CVX) said it clinched a deal in Australia with BHP’s (BHP) Nickel West unit for the delivery of natural gas.Starting in July, Chevron will supply BHP Nickel West with a total of 22 petajoules of equity domestic gas from its Wheatstone facility over a 3.5 year term. Financial terms of the agreement weren’t disclosed.Chevron Australia Managing Director Al Williams said the agreement highlighted the important role of natural gas in powering critical industries, such as mining, across the state.“Chevron is committed to delivering natural gas supplies to Western Australian homes and businesses, helping to power local jobs, industry and communities,” Williams said. “As a reliable and cost-effective way to generate electricity, natural gas is a vital energy source for current and future energy needs of Western Australian industry.”At full capacity, the Chevron-operated Gorgon and Wheatstone natural gas facilities will produce 500 terajoules per day of domestic gas for the Western Australian market – enough to generate electricity for 4.3 million households.Chevron has been present in Australia for more than 60 years and operates the country’s largest onshore oilfield on Barrow Island and is a significant investor in exploration.Chevron stock, which fell sharply with the onset of the coronavirus pandemic, has gained back part of its losses over the past three months. However, shares are still down 27% for the year. They fell 4% to $87.77 in midday trading on Wednesday.Morgan Stanley analyst Devin McDermott this month reiterated a Buy rating on the stock with a $103 price target, citing the macro backdrop improvement, sustained higher prices needed to increase capex, and the focus on lower emissions and breakthrough technologies."CVX remains our preferred US integrated oil stock, offering peer-leading cash flow anchored by low-risk investments, a differentiated value proposition in the sector – particularly in the current uncertain macro backdrop,” McDermott wrote in a note to investors. “The strategy supports its ~6% dividend yield, all with a low corporate breakeven and strong balance sheet that make the strategy resilient through the cycle, while retaining attractive leverage to any potential oil price recovery."Wall Street analysts are cautiously optimistic on the stock. The Moderate Buy consensus breaks down into 9 Buy analyst ratings versus 5 Hold ratings and 1 Sell rating. The $101.15 average analyst price target indicates 15% upside potential from current levels over the next 12 months. (See Chevron stock analysis on TipRanks).Related News: Chevron to Make Sweeping Job Cuts as Oil Demand Plummets Plug Power Spikes 16% On Savvy Hydrogen Deals, Boosted Guidance Carnival’s Credit Rating Cut To Junk Status At S&P On Weak Demand Prospect More recent articles from Smarter Analyst: * Google Snaps Up Canadian Smart Glasses Startup North * AMC Delays Theatre Openings; Top Analyst Cuts Price Target * Inovio Presents ‘Positive’ Early Data For Covid-19 Vaccine Candidate; Shares Plunge 12% * Wells Fargo Plans To Cut Its Dividend In Q3; Top Analyst Lowers Price Target
- Insider Monkey
Is BHP Group (BHP) A Good Stock To Buy?
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- Reuters
Chile´s Codelco beefs up sanitary measures at its largest copper mine
Chile´s state-run Codelco said on Monday it would implement new measures at its El Teniente copper mine, the company´s largest deposit, to maintain operations amid increasing worker angst over the fast-spreading coronavirus. The world´s top copper producer said it would move to a 14-day on, 14-day off shift schedule at El Teniente, and that it would begin to test workers three times per shift for COVID-19. The "extraordinary measures" would allow it to "ensure the continuity of operations and the contribution of El Teniente to the country," the company said in a statement.
- Simply Wall St.
Do BHP Group's (ASX:BHP) Earnings Warrant Your Attention?
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...
- Reuters
CORRECTED-Lawyer asks UN to intervene with Cerrejon mine on behalf of indigenous Colombians
A British barrister is asking the United Nations Special Rapporteur to intervene with coal miner Cerrejon on behalf of Wayuu indigenous people in Colombia allegedly suffering damage to their health amid the coronavirus pandemic. Cerrejon, which is owned equally by BHP Group, Anglo American and Glencore, rejected the allegations, saying information in the claim was wrong. Cerrejon had initially reduced operations during Colombia's nationwide quarantine, but began normalizing its work last month.
- Insider Monkey
Hedge Funds Aren’t Crazy About BHP Group (BBL) Anymore
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- Reuters
Chile copper mine workers seek dialogue as coronavirus outbreak explodes
Unionized copper mine workers in Chile asked on Wednesday to be included in a dialogue between companies and the government to address the exploding coronavirus crisis in the world´s top producer of the red metal. The Chilean Mines Federation - which groups the workers at Chile's principal copper deposits - has softened its tone since demanding on Sunday that authorities strengthen enforcement of safety rules following an "alarming" increase in coronavirus cases among miners. "We want to request, as the largest mining organization in Chile, a three-way dialogue ... to prevent even more mine workers from becoming infected," the group said in a statement.
- Reuters
CORRECTED-Copper sustainable group expects more members following Rio Tinto's units
Copper Mark, a traceability system launched by the International Copper Association (ICA), expected more members this year after two units of mining giant Rio Tinto joined in May. Copper Mark was launched in April 2019 as part of ICA's effort to bring the whole copper supply chain in par with the rising standards and expectations for responsible copper production. It welcomed Oyu Tolgoi LLC in Mongolia and Kennecott Utah Copper LLC in the United States, both owned by Rio Tinto, and expected members of the ICA to be among the early adopters, said Michele Brulhart, its executive director.
