Showing 1 to 8 of 8 results
Queensland Coalmine Closures Due to Economic Factors, Not Just Royalties
New analysis reveals that recent closures of Queensland coalmines, blamed by mining companies on the state's royalty regime, are primarily due to the mines' uneconomical nature, cyclical profitability tied to coal price fluctuations, and rising operational costs.
Queensland Coalmine Closures Due to Economic Factors, Not Just Royalties
New analysis reveals that recent closures of Queensland coalmines, blamed by mining companies on the state's royalty regime, are primarily due to the mines' uneconomical nature, cyclical profitability tied to coal price fluctuations, and rising operational costs.
Progress
16% Bias Score
BHP Profit Falls 26%, But Share Price Rises on Positive Outlook
BHP, the world's largest mining company, reported a 26% fall in annual profit to $10.2 billion for the year to June 30, but its share price rose 1.5% to A$42 due to a better-than-expected dividend and lower-than-expected costs. Iron ore profits were down 23.8% to $14.4 billion but copper profits sur...
BHP Profit Falls 26%, But Share Price Rises on Positive Outlook
BHP, the world's largest mining company, reported a 26% fall in annual profit to $10.2 billion for the year to June 30, but its share price rose 1.5% to A$42 due to a better-than-expected dividend and lower-than-expected costs. Iron ore profits were down 23.8% to $14.4 billion but copper profits sur...
Progress
44% Bias Score
BHP CEO Succession: Challenges and Candidates
BHP Group anticipates replacing CEO Mike Henry by early 2026, with internal candidates Geraldine Slattery, Vandita Pant, and Ragnar Udd competing, alongside external applicants, to lead the world's largest mining company through economic challenges and ambitious growth projects.
BHP CEO Succession: Challenges and Candidates
BHP Group anticipates replacing CEO Mike Henry by early 2026, with internal candidates Geraldine Slattery, Vandita Pant, and Ragnar Udd competing, alongside external applicants, to lead the world's largest mining company through economic challenges and ambitious growth projects.
Progress
48% Bias Score
Anglo American Devalues De Beers by $2.9 Billion Amidst Industry Downturn
Anglo American is devaluing its diamond subsidiary De Beers by $2.9 billion, adding to a previous $1.6 billion devaluation, due to decreased Chinese demand and competition from lab-grown diamonds; the company plans to exit De Beers by year's end, resulting in a $3.1 billion loss in 2024.
Anglo American Devalues De Beers by $2.9 Billion Amidst Industry Downturn
Anglo American is devaluing its diamond subsidiary De Beers by $2.9 billion, adding to a previous $1.6 billion devaluation, due to decreased Chinese demand and competition from lab-grown diamonds; the company plans to exit De Beers by year's end, resulting in a $3.1 billion loss in 2024.
Progress
48% Bias Score
Queensland Premier Defends Coal Royalty Policy Amidst Job Cuts
Queensland Premier David Crisafulli has rejected calls to change the state's coal royalty regime, despite recent job cuts in the mining industry and pressure from within his own party.
Queensland Premier Defends Coal Royalty Policy Amidst Job Cuts
Queensland Premier David Crisafulli has rejected calls to change the state's coal royalty regime, despite recent job cuts in the mining industry and pressure from within his own party.
Progress
32% Bias Score
Mega-Mining Mergers Driven by Copper Demand
Rio Tinto and Glencore, and BHP and Anglo American are nearing mega-mergers driven by the increasing global demand for copper, potentially creating two mining giants worth $315 billion in total; however, multiple governmental approvals are required.
Mega-Mining Mergers Driven by Copper Demand
Rio Tinto and Glencore, and BHP and Anglo American are nearing mega-mergers driven by the increasing global demand for copper, potentially creating two mining giants worth $315 billion in total; however, multiple governmental approvals are required.
Progress
48% Bias Score
BHP Faces £36 Billion Lawsuit Over Brazil Dam Collapse
A London court is hearing a 36 billion pound class-action lawsuit against BHP Group for its alleged role in the 2015 Samarco dam collapse in Brazil, which killed 19 people, devastated villages, and polluted 660 kilometers of the Doce River. The claimants, representing 600,000 Brazilians, argue BHP f...
BHP Faces £36 Billion Lawsuit Over Brazil Dam Collapse
A London court is hearing a 36 billion pound class-action lawsuit against BHP Group for its alleged role in the 2015 Samarco dam collapse in Brazil, which killed 19 people, devastated villages, and polluted 660 kilometers of the Doce River. The claimants, representing 600,000 Brazilians, argue BHP f...
Progress
40% Bias Score
Activist Investor Targets Rio Tinto's Dual-Listed Structure
Palliser Capital is urging Rio Tinto to dissolve its dual-listed structure, citing a \$78 billion cost and \$37.5 billion valuation gap, while acknowledging key differences between Rio Tinto and BHP's successful restructuring.
Activist Investor Targets Rio Tinto's Dual-Listed Structure
Palliser Capital is urging Rio Tinto to dissolve its dual-listed structure, citing a \$78 billion cost and \$37.5 billion valuation gap, while acknowledging key differences between Rio Tinto and BHP's successful restructuring.
Progress
40% Bias Score
Showing 1 to 8 of 8 results