Bhp Share Discussion Threads

[waldron] 28/4/2020 17:09

Iron Ore 83.88-0.08(-0.10%)
Gold COMEX 1,722.30 -0.09%
Silver COMEX 15.29 -0.33%
Platinum NYMEX 793.40 +2.11%
Copper COMEX 2.35 +0.26%
Brent Crude Oil NYMEX 22.76 -1.34%
Gasoline NYMEX 0.70 +1.62%
Natural Gas NYMEX 1.94 +1.25%
WTI 12.557 USD +1.89%


FTSE 100
5,958.5 +1.91%
Dow Jones
24,099.27 -0.14%
CAC 40
4,569.79 +1.43%
SBF 120
3,601.73 +1.42%
Euro STOXX 50
2,932.06 +1.91%
DAX
10,795.63 +1.27%
Ftse Mib
17,680.89 +1.73%



Rio Tinto
3,772 +0.31%



Bhp
1,333.6 +1.28%



Anglo American
1,450.6 +4.71%


Glencore
145.56 +3.99%

[waldron] 28/4/2020 15:42

www.proactiveinvestors.co.uk/companies/news/918320/royal-dutch-shell-toppled-as-london-s-most-highly-valued-company-918320.html

[waldron] 27/4/2020 17:14

Iron Ore 83.96-0.02(-0.02%)
Gold COMEX 1,722.20 -0.77%
Silver COMEX 15.27 +0.01%
Platinum NYMEX 777.50 +0.48%
Copper COMEX 2.35 +0.49%
Brent Crude Oil NYMEX 22.80 -8.10%
Gasoline NYMEX 0.69 -0.74%
Natural Gas NYMEX 1.85 -2.43%
WTI 12.32 USD -26.02%


FTSE 100
5,846.79 +1.64%
Dow Jones
24,077.1 +1.27%
CAC 40
4,505.26 +2.55%
SBF 120
3,551.45 +2.51%
Euro STOXX 50
2,882.09 +2.62%
DAX
10,659.99 +3.13%
Ftse Mib
17,324.88 +2.76%



Rio Tinto
3,760.5 +0.28%



Bhp
1,316.8 +2.30%



Anglo American
1,385.4 -0.89%


Glencore
139.98 +0.50%

[adrian j boris] 27/4/2020 09:59

Jefferies International Hold up from 1,200.00 to 1,350.00 Reiterates

[waldron] 24/4/2020 17:08

Iron Ore 83.98 -0.06(-0.07%
Gold COMEX 1,729.50 -0.91%
Silver COMEX 15.13 -1.63%
Platinum NYMEX 767.90 -2.55%
Copper COMEX 2.32 +0.37%
Brent Crude Oil NYMEX 21.47 +0.66%
Gasoline NYMEX 0.69 +0.82%
Natural Gas NYMEX 1.88 -3.49%
WTI 17.271 USD +0.27%

FTSE 100
5,752.23 -1.28%
Dow Jones
23,469.51 -0.19%
CAC 40
4,393.32 -1.30%
SBF 120
3,464.55 -1.22%
Euro STOXX 50
2,808.6 -1.80%
DAX
10,336.09 -1.69%
Ftse Mib
16,891.03 -0.71%


Rio Tinto
3,750 -0.87%



Bhp
1,287.2 -1.29%



Anglo American
1,397.8 -0.65%



Glencore
139.28 -2.90%

[waldron] 23/4/2020 17:22

Iron Ore 84.04 -0.09(-0.11%)
Gold COMEX 1,751.20 +0.74%
Silver COMEX 15.44 +0.65%
Platinum NYMEX 798.90 +4.39%
Copper COMEX 2.32 +1.29%
Brent Crude Oil NYMEX 22.31 +9.52%
Gasoline NYMEX 0.73 +5.85%
Natural Gas NYMEX 1.98 -3.65%
WTI 18.149 USD +24.92%

FTSE 100
5,826.61 +0.97%
Dow Jones
23,752.31 +1.18%
CAC 40
4,451 +0.89%
SBF 120
3,507.49 +1.05%
Euro STOXX 50
2,852.46 +0.61%
DAX
10,513.79 +0.95%
Ftse Mib
17,006.46 +1.44%


Rio Tinto
3,783 +0.41%



Bhp
1,304 +3.21%


Anglo American
1,407 +3.52%



Glencore
143.44 +2.88%

[adrian j boris] 23/4/2020 09:23

Societe Generale Buy down from 1,680.00 to 1,580.00 Upgrades

[waldron] 22/4/2020 17:24

Iron Ore 84.13+ 0.21(0.25%)
Gold COMEX 1,731.40 +2.58%
Silver COMEX 15.17 +1.37%
Platinum NYMEX 762.00 +0.47%
Copper COMEX 2.29 +2.58%
Brent Crude Oil NYMEX 20.74 +7.29%
Gasoline NYMEX 0.70 +22.39%
Natural Gas NYMEX 2.03 +2.62%
WTI 14.596 USD+4.37%



Rio Tinto
3,767.5 +3.69%



Bhp
1,263.4 +3.05%


Anglo American
1,359.2 +2.26%



Glencore
139.42 +4.37%

[waldron] 21/4/2020 17:08

Iron Ore 83.9 2-0.51(-0.61%)
Gold COMEX 1,694.70 -0.96%
Silver COMEX 14.88 -4.73%
Platinum NYMEX 746.70 -6.19%
Copper COMEX 2.24 -3.62%
Brent Crude Oil NYMEX 19.04 -25.54%
Gasoline NYMEX 0.60 -17.01%
Natural Gas NYMEX 2.06 +0.73%
WTI 13.13 USD +145 788.89%

FTSE 100
5,641.03 -2.96%
Dow Jones
22,946.27 -2.98%
CAC 40
4,357.46 -3.77%
SBF 120
3,430.03 -3.58%
Euro STOXX 50
2,793.63 -3.73%
DAX
10,249.85 -3.99%
Ftse Mib
16,515.23 -3.22%


Rio Tinto
3,633.5 -5.19%


Bhp
1,226 -6.44%



Anglo American
1,329.2 -5.45%


Glencore
133.58 -6.63%

[grupo guitarlumber] 21/4/2020 08:18

SYDNEY--BHP Group Ltd. is reviewing spending plans for the 2021 fiscal year as the coronavirus pandemic disrupts operations producing commodities from copper to coal.

BHP said capital and exploration expenditure in fiscal 2021, which begins in July, would be lower than the US$8 billion that management had originally signalled. A year-long delay to the Scarborough natural gas development offshore Australia has already been announced, and BHP said there was another US$200 million in non-committed spending on petroleum projects that could be deferred.

Like many global resources companies, BHP is facing the twin threat of weakening demand for commodities as global economic activity slows with changes to the way it operates mine sites across the world. In response to the coronavirus pandemic, BHP has reduced the number of people on site at its mines, including halving its contractor workforce in Chile where it runs the Escondida and Spence copper pits.

"While demand in China has strengthened in recent weeks, we expect other major economies, including the U.S., Europe and India, to contract sharply in the June 2020 quarter," Chief Executive Mike Henry said. "The situation remains fluid, however, with our strong financial position and low-cost operations, our business is resilient, with capacity to generate solid cash flow through his period and emerge well placed as the global economy recovers."

BHP said it produced 60 million metric tons of iron ore in the three months through March, up 7% on the same period a year ago. Volumes were kept high despite a tropical cyclone that tore through Western Australia and travel restrictions that disrupted its use of fly in-fly out workers.

On Tuesday, management stuck with annual guidance for between 242 million tons and 253 million tons from its Pilbara operations. BHP's Australian iron-ore shipments account for almost one-fifth of seaborne trade in the commodity. It is the world's third-largest iron-ore exporter, behind Vale SA and Rio Tinto PLC.

However, BHP said annual production guidance for some other divisions is under review. In copper, BHP said it is assessing the impact of the temporary suspension of its Antamina operation in Peru as a result of coronavirus restrictions. Energy coal output guidance is also being reviewed after the Cerrejón mine was placed on temporary care and maintenance due to the pandemic.

BHP said third-quarter output of petroleum products fell by 13% on-year to 25 million barrels of oil equivalent. That reflected the impact of Tropical Cyclone Damien on the North West Shelf gas-export facility in Australia in early February, which led management to signal that annual petroleum output would be at the lower end of fiscal 2020 guidance of between 110 million barrels and 116 million barrels.

"Potential impacts from Covid-19, including weakness in customer demand, in the June 2020 quarter represent possible downside risk to full year guidance," BHP said on Tuesday.

Quarterly copper output totaled 425,000 tons. BHP said first production from an expansion of its Spence copper mine could be pushed back by a few months after fewer workers were allowed on site.



Write to David Winning at [e-mail]



(END) Dow Jones Newswires

April 20, 2020 19:17 ET (23:17 GMT)

[grupo guitarlumber] 21/4/2020 08:01

Frank Prenesti
Sharecast News
21 Apr, 2020 07:49
BHP holds iron ore forecasts despite Covid-19

BHP Group warned global steel production excluding China could fall by double digits in percentage terms as the Covid-19 pandemic forced shutdowns, but maintained annual forecasts .

Capital spending for 2021 would be lower than BHP's current outlook of $8bn, BHP added on Tuesday.

Annual iron ore production guidance was unchanged at 273m - 286m tonnes but the company warned petroleum output would hit the bottom end of previous guidance of 110m – 116m barrels of oil equivalent as demand slumped.

The statement was released as oil prices slumped below zero and producers were paying buyers to take the commodity due to a lack of storage capacity, forcing traders to abandon positions ahead of the expiry of the May futures contract later Tuesday.

“Notwithstanding the 9 April 2020 agreement by OPEC Plus to cut output by 10m bpd, with possibly more to come from G-20 producers, such is the scale of the demand loss that global storage capacity is expected to be tested over coming weeks and months,” BHP said.

“It is possible that differentials for inland crudes that are disadvantaged with respect to storage availability will remain historically wide over this phase of market adjustment.”

Metallurgical coal forecasts were cut to the lower end of forecasts after heavy rains in the Australian state of Queensland while energy coal and copper production guidance was placed under review due to temporary shutdowns the Cerrejon coal mine in Columbia and Antamina copper mine in Peru.

BHP produced a record 68m tonnes of iron ore in the quarter to March 31, up 7% on the same period a year earlier which was disrupted by cyclones.

The company also deferred smaller petroleum projects and delayed $200m in exploration and development spending for the sector equivalent to 30% of its normal budget.

[grupo guitarlumber] 21/4/2020 07:57

TOP NEWS: BHP To Cut 2021 Budget And Expects Europe, US Demand Hit

Tue, 21st Apr 2020 05:55
Alliance News

(Alliance News) - BHP Group PLC on Tuesday reported a rise quarterly iron ore and copper output despite the Covid-19 disruption, but the miner said it will cut its capital and exploration expenditure for the next financial year.

In the nine months ended March 31, iron production was 3% higher in the year to date at 181 million tonnes, rising 7% annually in the third quarter alone. BHP reported "record" production at Western Australia Iron Ore.

Quarterly copper production edged 1% higher annually to 425,000 tonnes, helping year-to-date production rise 5% to 1.3 million tonnes.

BHP said that its timeline at the Spence copper mine in Chile is under review, with first production now expected in the 2021 financial year, following delays due to social distancing measures being imposed.

Elsewhere, metallurgical coal output was 3% lower year-on-year in the nine month period, falling 7% annually in the third quarter alone. Energy coal production slumped 14% in the year to date and 13% in the third quarter.

There were double-digit falls in petroleum production too, dropping by 10% in the year to date and 13% annually in the third quarter.

Nickel output was mixed, climbing 9% year-on-year in the third quarter but down 4% during the nine months.

BHP Chief Executive Officer Mike Henry said, "We have operated safely for the quarter and have achieved another strong operational performance.

"We have delivered strong performance across the portfolio despite the impacts of planned maintenance, natural field decline and wet weather in Australia. Western Australia Iron Ore achieved record year-to-date production, while Escondida production also increased supported by record concentrator throughput. While demand in China has strengthened in recent weeks, we expect other major economies, including the US, Europe and India, to contract sharply in the June 2020 quarter."

For the full-year, iron production guidance is unchanged, copper is under review and nickel has been lowered. At the Queensland Coal mine, part of BHP metallurgical coal operations, output is now expected to be at the lower end of its range. Petroleum output is also tipped at the lower end of the guidance range.

"We have flexibility in our capital and exploration expenditure. We are reviewing our guidance for the 2021 financial year and it will be lower than the current guidance of around USD8 billion. We will provide updated guidance with our full year results," BHP added.

BHP shares were 2.2% lower in Sydney at AUD30.14, about USD18.99, each in late trade.

By Eric Cunha; [e-mail]

[waldron] 20/4/2020 17:25

21 April 2020

08:30 AM Melbourne time (approximate)

BHP Operational Review for the nine months ended March 2020

[waldron] 20/4/2020 17:05

Iron Ore 84.43+ 0.26(0.31%)
Gold COMEX 1,712.40 +0.80%
Silver COMEX 15.63 +2.16%
Platinum NYMEX 800.30 +1.91%
Copper COMEX 2.32 -1.09%
Brent Crude Oil NYMEX 26.71 -4.88%
Gasoline NYMEX 0.77 +0.64%
Natural Gas NYMEX 1.95 +2.36%
WTI 10.22 USD -40.62%


FTSE 100
5,812.83 +0.45%
Dow Jones
24,076.16 -0.69%
CAC 40
4,528.3 +0.65%
SBF 120
3,557.39 +0.54%
Euro STOXX 50
2,909.5 +1.02%
DAX
10,675.9 +0.47%
Ftse Mib
17,033.52 -0.13%


Rio Tinto
3,832.5 +0.42%


Bhp
1,310.4 -0.41%



Anglo American
1,405.8 -1.17%



Glencore
143.06 +1.26%

[maywillow] 19/4/2020 10:25

21 April 2020

08:30 AM Melbourne time (approximate)

BHP Operational Review for the nine months ended March 2020

[waldron] 17/4/2020 17:18

Iron Ore 84.17 +0.13(0.15%)
Gold COMEX 1,705.50 -1.51%
Silver COMEX 15.33 -1.87%
Platinum NYMEX 788.60 -0.59%
Copper COMEX 2.34 +2.25%
Brent Crude Oil NYMEX 28.46 +2.30%
Gasoline NYMEX 0.76 +0.91%
Natural Gas NYMEX 1.91 +3.52%
WTI 18.351 USD -8.41%

FTSE 100
5,786.96 +2.82%
Dow Jones
23,944.65 +1.73%
CAC 40
4,499.01 +3.42%
SBF 120
3,538.15 +3.53%
Euro STOXX 50
2,888.3 +2.37%
DAX
10,625.78 +3.15%
Ftse Mib
16,992.27 +1.34%


Rio Tinto
3,816.5 +3.32%



Bhp
1,315.8 +4.02%



Anglo American
1,422.4 +5.86%



Glencore
141.28 +7.32%

[waldron] 16/4/2020 17:12

Iron Ore 84.04-0.18(-0.21%)
Gold COMEX 1,744.90 +0.27%
Silver COMEX 15.67 +1.03%
Platinum NYMEX 805.10 +0.06%
Copper COMEX 2.31 +0.65%
Brent Crude Oil NYMEX 27.54 -0.54%
Gasoline NYMEX 0.79 +2.72%
Natural Gas NYMEX 1.74 -0.57%
WTI 20.127 USD -1.36%


FTSE 100
5,628.43 +0.55%
Dow Jones
23,423.01 -0.35%
CAC 40
4,350.16 -0.08%
SBF 120
3,417.56 -0.21%
Euro STOXX 50
2,821.46 +0.56%
DAX
10,301.54 +0.21%
Ftse Mib
16,843.94 +0.75%



Rio Tinto
3,694 +0.70%



Bhp
1,265 +1.35%



Anglo American
1,343.6 -0.81%


Glencore
131.64 -2.08%

[waldron] 15/4/2020 19:13

Iron Ore 84.22 -0.03(-0.04%)
Gold COMEX 1,743.80 -1.42%
Silver COMEX 15.54 -3.69%
Platinum NYMEX 804.50 -1.85%
Copper COMEX 2.30 -1.35%
Brent Crude Oil NYMEX 28.06 -5.20%
Gasoline NYMEX 0.78 -0.31%
Natural Gas NYMEX 1.75 -3.94%
WTI 20.227 USD -2.89%


FTSE 100
5,597.65 -3.34%
Dow Jones
23,447.07 -2.10%
CAC 40
4,353.72 -3.76%
SBF 120
3,424.67 -3.87%
Euro STOXX 50
2,808.2 -3.84%
DAX
10,279.76 -3.90%
Ftse Mib
16,766.84 -4.51%



Rio Tinto
3,668.5 -4.04%



Bhp
1,248.2 -4.91%



Anglo American
1,354.6 -5.85%


Glencore
134.44 -6.08%

[waldron] 14/4/2020 17:12

Iron Ore 84.25+ 0.41(0.49%)
Gold COMEX 1,767.60 +0.35%
Silver COMEX 16.06 +3.33%
Platinum NYMEX 815.00 +8.70%
Copper COMEX 2.32 +0.69%
Brent Crude Oil NYMEX 29.96 -5.61%
Gasoline NYMEX 0.78 +2.19%
Natural Gas NYMEX 1.86 -1.01%
WTI 21.34 USD -6.42%


FTSE 100
5,791.31 -0.88%
Dow Jones
23,804.24 +1.77%
CAC 40
4,523.91 +0.38%
SBF 120
3,562.63 +0.14%
Euro STOXX 50
2,920.49 +1.01%
DAX
10,696.56 +1.25%
Ftse Mib
17,535.2 -0.49%


Rio Tinto
3,823 -0.78%


Bhp
1,312.6 -0.11%



Anglo American
1,438.8 -1.63%



Glencore
143.14 -1.12%

[waldron] 09/4/2020 17:18

Iron Ore 83.35 +0.48(0.58%)
Gold COMEX 1,739.80 +3.30%
Silver COMEX 15.79 +3.81%
Platinum NYMEX 743.70 +1.38%
Copper COMEX 2.26 -0.15%
Brent Crude Oil NYMEX 33.48 +1.95%
Gasoline NYMEX 0.71 +4.87%
Natural Gas NYMEX 1.85 -2.43%
WTI 25.665 USD -2.60%


FTSE 100
5,842.66 +2.90%
Dow Jones
23,850.2 +1.78%
CAC 40
4,506.85 +1.44%
SBF 120
3,557.79 +1.67%
Euro STOXX 50
2,892.79 +1.72%
DAX
10,564.74 +2.24%
Ftse Mib
17,586.64 +1.18



Rio Tinto
3,853 +4.22%



Bhp
1,314 +2.91%



Anglo American
1,462.6 +2.44%



Glencore
144.76 +5.43%