Tag: BHP
Imugene reveals positive trial, Evolution Mining downgrades gold production forecast and BHP announces ‘nature positive’ pledge
Imugene’s (ASX: IMU) share price rocketed this week following the announcement its lead candidate HER-Vaxx increased the survival rate in patients with advanced gastric cancer.
The clinical stage i...
BHP to shut down NSW’s largest coal mine, Worley strikes deal with Chevron and Fortescue teams up with Liebherr
BHP Group (ASX: BHP) has announced it will shut down its Mt Arthur coal mine in New South Wales after no buyers were sought for the state’s largest coal mine, which has been operating since 2002.
T...
Lynas awarded Pentagon contract, Lendlease’s 100MW data centre in Japan and Commonwealth Bank offers discounted NBN
Lynas Rare Earths (ASX: LYC) has been awarded a contract worth US$120 million (A$174 million) by the United States Department of Defence to aid in building a commercial heavy rare earths separation fa...
Rusal takes legal action against Rio Tinto, Santos meets resistance over gas project and Crown on verge of Sydney launch
Russian company Rusal has taken legal action against Rio Tinto (ASX: RIO) to take back access to its share of alumina produced under a joint venture at a Queensland refinery.
Rio Tinto owns 80% of ...
ASX appoints first female CEO, Woodside and BHP Petroleum complete merger and NAB confirms $1.2bn acquisition
ASX Limited (ASX: ASX) has announced an internal candidate, Helen Lofthouse, is set to take over as the new chief executive officer following a four-month international search.
Ms Lofthouse will be...
Nationalisation of Chile’s mining sector scrapped after constitutional assembly votes against proposal
Under the Chilean Government led by Gabriel Boric, plans to nationalise parts of the country’s mining sector have fallen through after the constitutional assembly voted against the movement.
The ma...
Gas prices boom as Russia upends the energy market
Oil and gas might not be everyone’s favourite asset class, but when it’s the hottest ticket in town it’s hard to ignore – especially when potential profit-making anomalies emerge.
Geologists in par...
Ramsay Health Care receives takeover bid, Westpac fined again, iron ore giants miss production targets
Investors in Ramsay Health Care (ASX: RHC) are buoyant this week after news was released global private equity giant KKR & Co Inc have launched a $20 billion takeover of the institution.
Since ...
Zinc begins to shine again after a decade in the doghouse
Every dog has its day, even in the metals world where zinc has emerged from a decade in the doghouse to become the focus of a series of corporate deals followed by an all-time price high of US$4,507 a...
BHP and Woodside deal is smelling of roses
If you are looking for an early candidate for deal of the year, the BHP (ASX: BHP) plan to demerge its oil and gas assets into Woodside Petroleum (ASX: WPL) will be hard to beat.
When it was first ...
Bezos and Gates-backed KoBold Metals to drill for EV critical minerals in Greenland
Heavily supported by billionaires Jeff Bezos and Bill Gates, exploration company KoBold Metals will start drilling in western Greenland later this year for minerals critical to electric vehicles (EVs)...
Hot copper: what’s driving the latest charge?
Three potentially significant discoveries over the past week have returned copper to the radar screens of investors, with the bonus being that demand for the metal appears to be outstripping supply, w...
BHP and Woodside move higher, as the big banks digest recent gains
Earlier this week, BHP Group (ASX: BHP) along with Exxon Mobil Corp, announced they will pursue a gas output-boosting project from their Gippsland Basin Kipper field off southeast Australia, aiming to...
BHP, Rio Tinto and Woodside boosted by higher commodity prices, CBA sells 10% to Chinese bank for $1.8b
Earlier in the week, Australia’s two biggest mining firms BHP (ASX: BHP) and Rio Tinto (ASX: RIO) saw their stock prices buoyed by a global rise in the price of iron ore as a result of the conflict in...
Big changes coming to Australia’s top companies
It may only be the start of the year but already the top end of the Australian market is set for some very large changes.
One is that what used to be known as the Big Australian – mining giant BHP ...
Gina Rinehart puts oil and gas back in the investment frame
Follow the money is always good advice, as is invest like the rich, so when you combine money and an unfashionable investment by an ultra-rich person such as iron ore billionaire Gina Rinehart, you co...
Are Australian coal mining companies oversold?
There is a world of difference between a commitment to “phase-out” a commodity, and a proposal to “phase-down” a commodity, which is a reason for taking a fresh look at heavily oversold Australian coa...
The big money chasing nickel small caps
Follow the money is always sound investment advice and that’s certainly the case at the small end of the nickel sector where some of Australia’s richest people are building positions ahead of what’s e...
Manganese dubbed the next battery metal, but are ominous days ahead?
In theory, manganese is the next hot battery metal. In practice, it’s a commodity which ought to have a warning attached as a price slump threatens.
Interest in mining companies exposed to manganes...
Have iron ore miners been oversold or should investors ‘steel’ for more ferrous pain?
The pundits were right, for once: the laws of market gravity were always going to catch up with the price of iron ore, which in a matter of weeks has tumbled more than 50% from its nosebleed territory...
West coast gas sector heats up as companies rush North Perth Basin
Politically incorrect as it might be to invest in oil and gas there is a yawning value gap opening between share prices and a record international price for natural gas, with a bonus in the form of a ...
