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The Latest Breaking News from Mike Henry

World’s largest mining group names new chief executive

Brandon Craig will succeed Mike Henry at the helm of BHP on July 1.

Evening Standard

Aussie shares climb on steady oil price, rate outlook

A temporary lull in energy price pressures has sparked cautious optimism in equities, despite no end in sight for the Iran conflict or its impact on oil supply.

AAP

Incoming BHP boss calls on Australia to mend its ways

Australia needs to adopt more business-friendly policies on energy and labour if it is to compete for capital, the new boss of mining giant BHP says.

AAP

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BHP copper pivot steps up but iron ore headwinds remain

The world's biggest miner has broken operating records across multiple resources in the recent half as it continues to expand its exposure to a key base metal.

AAP

BHP shares dip as overspend outweighs record production

Shares in the world's biggest mining company are down despite high commodity prices and multiple record production beats due to a multibillion-dollar blowout.

AAP

Mining giant flags more jobs at risk due to coal taxes

One of the world's biggest mining companies has hit out against Commonwealth and state taxes, arguing they must be competitive enough to attract investment.

AAP

Copper's Resurgence Prompts Domestic Asset Reactivation

Copper prices rebounded this week after U.S. Federal Reserve Chair Jerome Powell signaled another quarter-point rate cut. The comments sent copper up as much as 1.8%, rekindling optimism about a $12,000 a ton price point.

Benzinga

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BHP cops $5b value hit on talk of China trade blockade

Reports China is halting iron ore shipments from BHP have weighed on the world's biggest miner, but experts say any stoush over prices should be short-lived.

AAP

US President meets BHP and Rio Tinto chiefs over Arizona copper mine

Executives of two of the world’s biggest mining companies, BHP and Rio Tinto, have lobbied at the White House as part of their long-running bid to develop a vast copper mine in the US.

Euronews

Iron Drags BHP Earnings To A Five-Year Low

The leading global miner BHP Group (NYSE:BHP) posted its weakest annual result in five years, showing the pressure from lower iron ore prices and China’s softer steel demand. The firm reported underlying attributable profit of $10.16 billion, marking a 26% drop from the prior year.

Benzinga

BHP mulls mothballing coal mines over royalty regime

BHP has delivered record production across several metal groups, but sluggish commodity prices and one state's royalty regime have chiselled away at earnings.

AAP

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

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

Ron Ely, TV's 'Tarzan' in the 1960s, dies at 86

The tall, musclebound actor who played the title character in the 1960s NBC series “Tarzan,” Ron Ely's daughter says he died Sept. 29 in Los Alamos, California at age 86

The Independent UK

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AAP

BHP's climate transition 'more than window dressing'

Resources giant BHP has defended the carbon footprint of its mining operations even as demand for traditional commodities and future-facing products expands.

The Guardian - UK

Anglo American’s breakup is overdue. BHP must have seen it coming

Rejig is more radical than anything Anglo has tried in recent past but Australian miner could make fresh bid

International Business Times

Anglo American Rejects BHP's Improved Takeover Bid

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.

Evening Standard

BHP's miner-measuring contest

A whopping £31 billion-sized takeover offer for Anglo American got slapped on the table this week under BHP CEO Mike Henry’s plans to create the Biggest Miner In The World.

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Evening Standard

Mining mega-deal may add to multi-billion pound exodus from London Stock Exchange

Swoop for Anglo American from BHP values the FTSE 100 firm at £31 billion in what would be the biggest deal in years

AAP

BHP issues 'call to arms' for competitive mining future

Resources giant BHP says governments need to work harder to make sure Australia is in the race as global competition heats up for iron ore and battery minerals.

AAP

BHP asserts green credentials despite backlash

BHP says its investment in critical minerals shows it is bringing about the clean energy transition but critics denounce the environmental impact of its mines.

AAP

BHP reports strong copper production in first quarter

The Big Australian says it is on track to meet full-year production guidance across all assets and the integration of OZ Minerals' mines has gone well.

AAP

Summit tackles 'resource anxiety' over energy materials

Governments must do more to attract capital for critical minerals, and as quickly as possible, to win in the energy transition, BHP CEO Mike Henry warns.

AAP

BHP faces cost pressures, warns of economic volatility

BHP has posted a strong fourth quarter with annual production records at Western Australia iron ore, Olympic Dam and Spence, but warns of uncertain times.

AAP

Qld eyes critical minerals amid coal lobby backlash

The Queensland government has launched a $245 million strategy for critical minerals found in the state's northwest to spur manufacturing of renewables.

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