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BHP Group Ltd

Diamond industry ‘in trouble’ as lab-grown gemstones tank prices further

by Adrian Jhonsan
Diamond industry ‘in trouble’ as lab-grown gemstones tank prices further

A diamond necklace in a Harrods department store in London. Leon Neal | Afp | Getty Images “A diamond is forever,” but perhaps not for the increasing number of consumers …

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Categories World

Anglo American rejects third takeover bid from rival BHP Group

by Adrian Jhonsan
Anglo American rejects third takeover bid from rival BHP Group

The company logo adorns the side of the BHP gobal headquarters in Melbourne on February 21, 2023. – The Australian multinational, a leading producer of metallurgical coal, iron ore, nickel, …

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Categories World

Elliott builds Anglo American stake as miner faces takeover

by Adrian Jhonsan
Elliott builds Anglo American stake as miner faces takeover

Chris Ratcliffe | Bloomberg | Getty Images Elliott Management has built a roughly $1 billion stake in miner Anglo American in recent months, a person familiar with the matter told …

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Categories World

Anglo American shares pop 16% after BHP Group makes $39 billion bid

by Adrian Jhonsan
Anglo American shares pop 16% after BHP Group makes  billion bid

Miners carrying out operations. Graeme Williams | Gallo Images Roots Rf Collection | Getty Images Mining giant BHP Group on Thursday said it had made an all-share takeover offer for …

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Categories World

Shareholder payouts hit a record $1.7 trillion last year as bank profits surged

by Adrian Jhonsan
Shareholder payouts hit a record .7 trillion last year as bank profits surged

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024. Brendan Mcdermid | Reuters LONDON — Global dividend payouts to …

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Categories World

Bill Gates-backed startup confident it can unearth more battery metals

by Adrian Jhonsan
Bill Gates-backed startup confident it can unearth more battery metals

Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6, 2022. Bloomberg | Bloomberg | …

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Categories World

Australia oil and gas producers Woodside and Santos in merger talks

by Milton Acorn
Australia oil and gas producers Woodside and Santos in merger talks

Bloomberg/Contributor | Bloomberg | Getty Images Shares of Australia’s Santos jumped to a five-week high on Friday on news the company is in talks to merge with Woodside Energy. Santos …

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Categories Science

How Rio Tinto is poised to benefit from the EV boom

by Ev Richard
How Rio Tinto is poised to benefit from the EV boom

Copper mines like Rio Tinto’s Bingham Canyon mine on the outskirts of Salt Lake City are on the frontline of America’s transition to clean energy. Global demand for copper, a …

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Categories Technology

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