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Share Name Share Symbol Market Type Share ISIN Share Description
Bhp Group Limited LSE:BHP London Ordinary Share AU000000BHP4 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  5.00 0.19% 2,571.00 2,576.00 2,577.00 2,579.50 2,515.00 2,537.00 2,183,278 16:35:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 54,679.0 27,248.2 502.1 5.2 130,152

Bhp Share Discussion Threads

Showing 1726 to 1749 of 1750 messages
Chat Pages: 70  69  68  67  66  65  64  63  62  61  60  59  Older
DateSubjectAuthorDiscuss
04/12/2022
17:21
Just a thought.

The last time major miners started buying one another was the harbinger of a crash in mining stock.

But ........... there's always ......... This time it's different.

Who knows.

podgyted
28/11/2022
19:25
BHP is mentioned here: Https://youtu.be/LMv0ZJ07oow
1hughb
25/11/2022
15:23
Rio down BHP up. Weird.
spawny100
19/11/2022
09:18
OZ Minerals close to accepting BHP’s revised takeover offer of $6.4bn


By NS Energy Staff Writer  18 Nov 2022

According to BHP, the proposed transaction will enable the creation of a copper basin in South Australia which could tap potential operational synergies driven by the proximity that OZ Minerals’ Carrapateena and Prominent Hill operations have with its own existing Olympic Dam asset and Oak Dam development resource


OZ Minerals (OZL) said that its board intends to recommend a revised takeover proposal of A$28.25 ($18.95) per share in cash from BHP, which translates to an enterprise value of A$9.6bn ($6.44bn).

The Australian mining company said that the proposed consideration is the best and final that BHP is willing to offer.

OZ Minerals’ board has confirmed to BHP that it plans to recommend the revised proposal unanimously to the company’s shareholders as being in their best interests, in the absence of a superior proposal.

The recommendation is also subject to the two mining firms executing a binding scheme implementation agreement (SIA) after BHP completes a confirmatory due diligence and an independent expert finds the revised proposal to be in the best interests of OZ Minerals’ shareholders.

In August 2022, OZ Minerals rejected BHP’s takeover bid of A$25 ($16.8) per share in cash or A$8.34bn ($5.6bn) from BHP Group, citing that the proposed deal considerably undervalues its business.

OZ Minerals managing director and CEO Andrew Cole said: “BHP’s Revised Proposal is a clear reflection of OZ Minerals’ unique set of highly strategic, quality assets in quality jurisdictions and an enviable multigenerational growth pipeline of copper and nickel assets in strong demand due to global electrification.

“We look forward to working with BHP in a collaborative way to progress the Revised Proposal in the best interests of OZ Minerals’ and its stakeholders.”

OZ Minerals is engaged in developing a portfolio of long life, low-cost copper-focused assets. It has two operating assets, which are the Prominent Hill copper mine and the Carrapateena copper mine, both located in Australia.

The company and BHP have entered into a confidentiality and exclusivity deed with respect to the latter’s revised proposal.

According to BHP, the proposed deal will enable the creation of a copper basin in South Australia which could tap potential operational synergies driven by the proximity of the Carrapateena and Prominent Hill operations with its own existing Olympic Dam asset and Oak Dam development resource.

BHP CEO Mike Henry said: “BHP’s proposal represents a highly compelling offer for OZL shareholders, providing certainty at a time of macroeconomic uncertainty and market volatility, and increasing risks for the industry.

“The combination of BHP and OZL’s assets, skills and technical expertise provides a unique opportunity not available under separate ownership, with complementary resources including the Oak Dam exploration prospect and existing facilities within close proximity, backed by BHP’s strong balance sheet, capital discipline and commitment to sustainable development.”

la forge
18/11/2022
09:00
18 November 2022 - 09:30AM
Dow Jones News


BHP, World's Top Miner, Nears Biggest Acquisition in a Decade


Australia's OZ Minerals says it intends to recommend BHP's revised offer valuing its equity at $6.34 billion.

grupo guitarlumber
18/11/2022
08:13
TOP NEWS: BHP says Oz board backs raised offer of AUD28.25 per share

Fri, 18th Nov 2022 07:32
Alliance News

(Alliance News) - BHP Group Ltd said on Friday the board of Oz Minerals Ltd intends to recommend an improved takeover offer that values Oz at AUD9.6 billion.

Oz is a gold, copper and nickel miner. It owns and operates the Prominent Hill and Carrapateena mines in South Australia. It also has an interest in the Pedra Branca copper-gold mine in Brazil.

BHP, a Melbourne-based diversified miner, said it increased its non-binding indicative offer to AUD28.25 per Oz share in cash, representing a premium of 49% to Oz's closing price of AUD18.92 per share on August 5, when BHP tabled it initial offer.

Back in August, BHP offered AUD25.00 per share in cash for Sydney-listed Oz, but the Oz board rejected it at the time.

On Friday, Oz confirmed that its board intends to unanimously recommend BHP's revised offer to its shareholders. It said the takeover approach was in the best interest of its shareholders in the absence of a superior proposal.

The two companies said on Friday they had entered into a confidentiality and exclusivity deed in relation to the revised proposal. Under this accord, Oz has granted BHP four weeks to undertake exclusive confirmatory due diligence and negotiate a binding agreement.

The four-week period is expected to commence on or around Monday next week.

BHP said its latest Oz offer represented its the "best and final" price it is willing to pay.

Shares

in BHP closed up 0.3% at AUD43.94 in Sydney on Friday, giving it a market capitalisation of AUD222.59 billion, about USD149.21 billion.

Oz was up 4.0% to AUD27.34 in Australia, giving it a market capitalisation of AUD9.15 billion.

BHP said Oz might pay a franked dividend to Oz shareholders before the deal is implemented.

The revised proposal is subject to conditions including completion of due diligence, and shareholder and regulatory approvals.

"The cash consideration price under the revised proposal will be reduced by the cash component of any dividends or return of capital paid by OZL before the date of the implementation of the revised proposal," BHP said.

BHP Chair Ken MacKenzie said: "BHP's proposal would provide value to BHP shareholders by increasing exposure to future facing commodities, attractive synergies and adding to our pipeline of growth options."

Added BHP Chief Executive Mike Henry: "BHP's proposal represents a highly compelling offer for OZL shareholders, providing certainty at a time of macroeconomic uncertainty and market volatility, and increasing risks for the industry."

By Artwell Dlamini; artwelldlamini@alliancenews.com

waldron
10/11/2022
07:48
TOP NEWS: BHP warns of economic uncertainty, "repositioned" for future

Thu, 10th Nov 2022 06:52


(Alliance News) - BHP Group Ltd warned on Thursday that the geopolitical landscape continued to change and economic conditions remained uncertain in the short term.

Speaking ahead of the annual general meeting to be held in person on Thursday, BHP Chair Ken MacKenzie said the mining firm was "fundamentally repositioned" for the future, highlighting its foray into potash.

The Australian miner recognises that demand for potash will increase because the world will need more food. Potash is potassium-containing salts used as fertiliser.

BHP has said it was working to bring forward first production at its Jansen potash project in Canada to 2026. In 2021, it approved capital expenditure of USD5.7 billion for its Jansen stage 1 potash project.

"Potash is a new commodity for BHP which has the potential to deliver value for a century or more," MacKenzie will tell shareholders.

MacKenzie also noted the group has recently merged its petroleum business with Woodside Energy Group Ltd; simplified its coal portfolio to focus on higher-quality metallurgical coal used for steelmaking; and unified its corporate structure.

The chair will also tell shareholders that the short-term outlook was complex, with the geopolitical landscape continuing to change and economic conditions remaining uncertain.

There are ongoing labour and skills shortages, while countries are emerging from the impact of the global Covid-19 pandemic at different paces, he said.

Despite the challenging environment, the company delivered strong operational and financial results for the financial year to June 30.

Over this period, BHP posted record earnings before interest, taxes, depreciation and amortisation of USD40.6 billion, up 16%.

Revenue for the financial year ended June 30 rose 14% to USD65.10 billion from USD56.92 billion. Pretax profit was 36% higher at USD33.14 billion from USD24.29 billion.

BHP's full-year payout totalled 325.0 cents, up 8.0% from 301.0 cents the previous year. It also paid a special dividend

of 386.4 cents as a result of its merger with Woodside.

MacKenzie said the repositioning of the company will align it with the "megatrends" of decarbonisation, population growth and demand for higher standards of living.

The demand for copper, nickel and steel will grow to enable the infrastructure and products required for the energy transition, he said.

Chief Executive Mike Henry, addressing the AGM, will tell shareholders that the company continued its track record of transforming itself to meet the needs of the world.

By Artwell Dlamini; artwelldlamini@alliancenews.com

gibbs1
29/10/2022
07:22
Ps China restrictions may be lifted in February ie Chinese New year
action
29/10/2022
07:21
Traditionally weak months b4 January reporting. Goes up near exd time in February. I hope history repeat itself this time as well.
action
28/10/2022
14:51
ACTION - 50% of BHP revenues comes from Iron Ore.

The price of Iron Ore which is down some 47% since its peak this year and down 62% since its May 2021 peak.

As with my previous post to Monty, therefore less need for Iron Ore and with the continuing C restrictions in China there is no foreseeable uptick in the price of Iron Ore.

loganair
28/10/2022
14:46
monty - Steel production is down - circa 200mln Chinese are still under some form of C restriction of which 20mln are under full lock down.
loganair
28/10/2022
14:23
Down 5% plus
action
19/10/2022
17:23
Thermal coal production down 38% I suppose might be the same for Glencore, surely that would push up Newcastle thermal coal price.
montyhedge
19/10/2022
05:11
News Highlights: Top Company News of the Day
19 October 2022 - 05:30AM
Dow Jones News


BHP Iron-Ore, Copper Output Up, Coal Production Down


BHP Group reported higher iron ore, copper and nickel production in the first three months of its fiscal year, but said output of energy and steelmaking coal was weaker.

waldron
19/10/2022
05:09
BHP Group Ltd. on Wednesday reported higher iron ore, copper and nickel production in the first three months of its fiscal year, but said output of energy and steelmaking coal was weaker.

The world's largest miner by market value said it produced 65.1 million metric tons of iron ore, the key ingredient in steel, in the three months through September, up 3% on the year-earlier period. It cited a strong operational performance at its Western Australian mining operations, and reduced pandemic-related disruptions.

BHP said its output of copper was up by 9% over the same period to 410,100 tons, in big part because of a rebound in Olympic Dam production following significant smelter maintenance work a year ago. Its output of nickel was 16% higher at 20,700 tons, which was also a rebound from maintenance work in the year-earlier period.

The company produced 1% less metallurgical coal, used in steelmaking. Quarterly production of that commodity totaled 6.7 million tons, as BHP grappled with significant disruptions from wet weather.

Its thermal-coal production was down 38%, at 2.6 million tons, which the company also attributed to wet weather as well as labor shortages.



Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com



(END) Dow Jones Newswires

October 18, 2022 18:05 ET (22:05 GMT)

waldron
15/10/2022
20:30
Yesterday Friday went on an UKSA/sharesoc meeting with the Chairman of BHP and the general consensus wD that he gave a first class presentation.
I am happy with the small amount I have but given the situation in China will not be adding more at these prices.

cerrito
15/10/2022
12:41
Https://www.bhp.com/investor-centre/upcoming-events





19 October 2022, 8:30 AM Melbourne time (approximate)

BHP Operational Review
For the quarter ended 30 September 2022

ariane
15/10/2022
12:41
Here’s the BHP dividend forecast for 2022 to 2024

This mining giant has paid out some huge dividends recently. Here, Edward Sheldon looks at the BHP

Group dividend forecast for the years ahead.

Edward Sheldon, CFA❯

Published 15 October, 8:47 am BST



Mining powerhouse BHP Group (LSE: BHP) has been a bit of a cash cow for investors in recent years.

Last financial year, for example, it rewarded shareholders with total regular dividends of USD $3.25 per share, which translates to a yield of about 13% at the current share price.

Is the company set to continue paying out monster dividends going forward? Let’s take a look at the BHP dividend forecast for the years ahead.


BHP dividend forecasts

First, there are a couple of things to explain.

The first is that BHP’s financial year ends on 30 June. So, the year ending 30 June 2023 is ‘FY2023’. The following year is ‘FY2024’.




The second is that BHP reports its financials, and declares its dividends, in US dollars. So, all forecasts are in dollars. This is important to note because the GBP/USD exchange rate is quite volatile at the moment. In other words, the yield on offer today could be quite different to the yield when the dividends are actually paid if exchange rates fluctuate.

As for the forecasts, right now City analysts expect BHP to pay out $2.09 per share for FY2023 and $1.86 per share for FY2024.

These projected payouts are lower than the $3.25 paid last financial year. However, they still translate to very high yields.

At today’s share price and exchange rate, the projected payout for FY2023 equates to a prospective yield of 8.3% while the estimated payout for FY2024 translates to a prospective yield of 7.4%.

Assuming that these dividend forecasts are accurate (analysts’ estimates can be way off the mark at times), BHP looks set to continue being a cash cow for investors.


Are BHP shares worth buying for income?

Would I buy BHP shares for the big dividends on offer?

The answer to that question is actually no.

One reason I’d pass on BHP is that the stock is ‘cyclical̵7; (mining companies’ profits rise and fall depending on commodity prices) and, therefore, quite volatile. For example, between mid-2014 and early 2016, BHP’s share price fell from near 1,600p to near 500p.


I don’t see the point of collecting a 8% yield if the share price can potentially fall around 70% like it did here. I’d need many years of dividends to make up for that kind of capital loss.


I prefer dividend stocks that are a little more stable in nature.

Another issue for me is the fact that BHP tends to cut its dividend when business conditions are challenging.

This is not ideal from an income-investing perspective.

I prefer to invest in companies that consistently increase their dividend payouts year after year.

I can rely on these kinds of businesses to provide me with a certain level of income.

So, while the yield here does look very attractive, I won’t be buying the shares for my portfolio any time soon.




Ed Sheldon has no position in any of the shares mentioned. The Motley Fool UK

ariane
08/10/2022
18:29
https://m.dailyhunt.in/news/india/english/moneyco0581749434206-epaper-dh7a9fe6ff1e384d01b8c5d59183b9bde1/how+a+ban+on+russias+mining+giants+could+shake+the+metals+world-newsid-n429865802
j4ckthehat
04/10/2022
09:19
Fake offer to invest in BHP bonds

04 October 2022



BHP has become aware of fraudulent offers inviting members of the public to invest in BHP bonds.

Scammers are pretending to represent well-known financial services firms and banks to offer fake BHP bonds.

An example of a fake bond scam that has come to our attention involves falsified Citi comparison rate brochures offering long-term deposit interest rates of 6.50%. Below is an extract from the scammer's brochure.

Bond scam

Citi has confirmed that that it is in no way associated with the offering or issuing of these fake BHP bonds.

This is an incident involving the unauthorised use of BHP’s name and transactions designed to defraud members of the public.

Details of the BHP bonds that have been issued are outlined on our Debt Investors page. If you would like information about BHP’s authorised bonds, please contact Investor Relations.

If you believe you are a victim of this scam or you have received any calls or emails about a similar scam, please contact the Australian Securities and Investment Commission (ASIC) to help them identify those involved.

You can find more information about scams of this kind from the ASIC.

If you believe your personal identity or personal information has been compromised, stolen or misused, you can also contact IDCARE. IDCARE is able to assist Australian and New Zealand residents.

Last updated: 4 October 2022

florenceorbis
04/10/2022
09:08
The slide presentation on the Western Australia Iron ore operations, now available through the RNS or the website, is very interesting and impressive. Definitely worth a look.Xylos
a0469514
03/10/2022
20:58
Up over 3% in the US tonight
gateside
03/10/2022
06:22
Release Time IMMEDIATE
Date 3 October 2022
Number 32/22


2022 NOTICE OF MEETING

BHP Group Limited (BHP) will hold its 2022 Annual General Meeting (AGM) at the Perth Convention and Exhibition Centre, 21 Mounts Bay Road, Perth, Western Australia on Thursday 10 November 2022, starting at 10:00am (Perth time).

The Notice of Meeting and Proxy Form can be accessed via BHP's website at bhp.com/limitedagm.

The following documents have also been submitted to the FCA National Storage Mechanism and will shortly be available for inspection at: hxxps://data.fca.org.uk/#/nsm/nationalstoragemechanism

- BHP Notice of Meeting 2022
- BHP Proxy Form 2022 (Australia)
- BHP Proxy Form 2022 (South Africa)

In accordance with Regulation 7.11.37 of the Australian Corporations Regulations 2001 (Cth), persons who are registered holders of shares in BHP as at 4:00pm (Perth time) on Tuesday 8 November 2022 will be entitled to attend and vote at the AGM as a shareholder. Share transfers registered after that time will be disregarded in determining entitlements to attend and vote at the AGM.

Shareholders entitled to attend and vote at the meeting have the right to appoint a proxy to attend and vote for them. The proxy does not need to be a shareholder of BHP and can be an individual or a body corporate. To appoint a proxy, shareholders must submit their proxy form no later than 10:00am (Perth time) on Tuesday 8 November 2022. The Proxy Form (Australia) available on BHP's website is only for use by shareholders who hold their shares in BHP directly on the Australian Securities Exchange (ASX).

The way shareholders hold their BHP shares may have changed following the unification of BHP's dual listed company structure in January 2022. If shareholders hold BHP shares that are traded on an exchange other than the ASX, they can attend the meeting in person as a guest or watch the webcast online at bhp.com/limitedagm. Shareholders who hold BHP shares that are traded on an exchange other than the ASX and would like to vote on the resolutions that will be proposed at the AGM should do so in advance of the meeting by following the instructions set out in the Notice of Meeting.

If shareholders would like more information about their shareholdings or how to participate in the AGM, please contact BHP's registrar Computershare via www.investorcentre.com/contact or by phone on 1300 656 780 (within Australia) or +61 3 9415 4020 (outside Australia).

Authorised for lodgement by:

Stefanie Wilkinson

Group Company Secretary

maywillow
08/9/2022
09:09
2022 annual general meeting

BHP Group Limited (BHP) advises that its 2022 Annual General Meeting will be held on Thursday, 10 November 2022.

The closing date for receipt of nominations from persons wishing to be considered for election as a Director of the Board of BHP is Thursday, 15 September 2022.

gibbs1
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