Australia-based BHP Group said the deal would see Anglo American's ordinary shareholders receive 0.7097 BHP shares per Anglo American share.The company confirmed it had received an "unsolicited, non-binding and highly conditional combination proposal."Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American , valuing the company at £31.1 billion ($38.9 billion).The proposal would entail separate demergers by Anglo American of its shareholdings in Anglo America ...

BHP Group (BHP) announced that its iron ore production rose 3% year over year to 61.5 Mt in the third quarter of fiscal 2024 (ended Mar 31, 2024). This was attributed to a 3% rise in iron ore output at Western Australia Iron Ore (WAIO).In the first nine-month period of 2024, iron ore production was recorded at 191 Mt, down 1% year over year. This decline can be attributed to heavy rainfall in the third quarter of fiscal 2024,  the continued tie-in activity for the Rail Technology Program, the impacts of the ...

Key PointsTwo stocks will play an undeniably important role in the EV race in the coming years, regardless of who wins. The speculation, and highest reward, may come from projecting who the real winner will be: Tesla vs BYD.Fundamental cycles are about to pivot, and the Fed is set to help this time, giving investors the necessary timing.5 stocks we like better than BHP GroupOf the few significant trends driving investor—and Wall Street—interest today is the race for electric vehicle (E.V.) domination. Like ...

Gold stocks to buy benefit from both a near term and long-term approach. In the immediate framework, the yellow metal has been a stout performer. Further, recent developments, such as a strong jobs report in March continue to fan the flames of inflation.Looking over the horizon, gold stocks to buy may benefit from the fear trade. After all, investors have much to be worried about. From geopolitical flashpoints extending across multiple regions in the world to broader global economic uncertainties, there are ...

With the Federal Reserve having seemingly engineered a viable pathway to a soft economic landing, the topic of stocks to buy on rate cut have enjoyed significant momentum. Of course, as with anything involving high finance these days, the matter got more complicated.Yes, the central bank previously expressed measured optimism that inflation was generally moving in the right direction. However, with the latest jobs report showing continued robustness in the labor market, the reality is difficult to ignore: m ...

Vladimir Zapletin/iStock via Getty ImagesLast week I bought BHP Group Limited (NYSE:BHP) stock expecting a reasonable total return for a 2-3 year holding period. I used some of the proceeds from selling Nucor (NUE) stock the prior week to buy BHP. While I am monitoring iron ore, copper, metallurgical coal prices and AUD/USD exchange rates, I am also watching the continued political debates in Australia over franking. BHP is a "buy" at current levels for those seeking a reasonable total return over the n ...

5 Very Large Cap Blue Chip Stocks With 5% and Higher Dividends Teerachai Jampanak / Shutterstock.com Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contributed 68%. Therefore, sustainable dividend income and capital appreciation potential are essential for total return expectations.A recent study from the Hartford Funds, in collaboration with Ned Davis Research, found that dividend stocks delivered an annualized return of 9.18 ...

SASKATOON, Saskatchewan, March 19, 2024 (GLOBE NEWSWIRE) -- BHP and the Saskatoon Food Bank and Learning Centre (SFBLC) are pleased to announce a $500,000 donation from BHP to SFBLC's Plant Possibility Campaign. The donation will support a new food warehouse and learning campus, as the SFBLC expands to meet the city's increasing need for safe, affordable and nutritious food. Poverty and hunger are overwhelming realities for the people turning to the SFBLC each month. In the last ten years, Saskatoon's food ...

With the Federal Reserve aggressively targeting inflation via elevating the benchmark interest rate, gold stocks to buy represented a questionable venture to say the least. Gold typically does well under rising prices as an inflation hedge. Like other commodities, it doesn’t perform up to snuff during disinflationary cycles.However, as The Wall Street Journal pointed out not too long ago, consumer prices have been rising faster than expected. Stated differently, inflation is sticky; that is, prices are not ...

The crash in prices for nickel and lithium, two key battery metals, could be a precursor to something more significant, a collapse in the price of iron ore which underpins the profits of some of the world’s biggest mining companies.Predictions of a steep fall in the iron ore price have been routine over the past two years, primarily because of concern about declining demand from China, the world’s biggest consumer of the commodity which is used to make steel.BHP's Port Hedland Iron Ore processing plant. Fai ...