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Share Name Share Symbol Market Type Share ISIN Share Description
Bhp Group Plc LSE:BHP London Ordinary Share GB00BH0P3Z91 ORD $0.50
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -11.40 -0.68% 1,668.60 1,668.40 1,669.40 1,687.60 1,652.60 1,668.40 2,597,981 14:54:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 34,886.2 11,854.3 126.3 13.1 35,242

Bhp Share Discussion Threads

Showing 151 to 172 of 800 messages
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DateSubjectAuthorDiscuss
08/5/2019
15:56
4 INTEREST In his six years at the helm of mining giant BHP Group Ltd., Andrew Mackenzie has tangled with an activist investor, faced a fatal mining disaster and made moves aimed at streamlining the company's business. The result, he says, is a more transparent, less bureaucratic BHP. The company's operations range from vast iron-ore pits in Western Australia to copper mines in Chile and offshore oil fields in the Gulf of Mexico. While his predecessors chased deals, Mr. Mackenzie, a geochemist who speaks five languages, has spun off assets, cut spending and dealt with an environmental crisis. Last year, BHP sold the majority of its U.S. onshore oil-and-gas unit to BP PLC for $10.5 billion, ending a costly bet on U.S. shale. Activist hedge fund Elliott Management Corp. had lobbied BHP to sell the business after building up a stake of more than 5% in its U.K.-listed shares. The company also has worked through the fallout from a November 2015 dam collapse at an iron-ore joint venture in southeast Brazil that BHP owns with Brazilian mining company Vale SA. The collapse killed 19 people and polluted hundreds of miles of rivers. The Brazilian government later sought billions in damages, and BHP and Vale agreed to settle some claims. Now, Mr. Mackenzie sees other changes ahead. He wants to add technology to more of the company's processes and says employees' jobs are bound to evolve, among the reasons BHP recently appointed a chief transformation officer. He recently sat down with The Wall Street Journal. Here are edited excerpts: The Wall Street Journal: How has automation changed mining, and how do you see it evolving? Mr. Mackenzie: I would say the changes have so far been quite small, but I think they're going to get a lot bigger. The whole future of work is one of our top challenges to figure out, because clearly there are opportunities for us to make our operations more productive or environmentally friendly and safer through embracing all of those things. WSJ: What roles go away, and what does the workforce look like a decade from now? Mr. Mackenzie: I think we'll have some of our more basic tasks like driving trucks, operating drills and some back-office work done more automatically, using bots or fully autonomous machines, and therefore it'd be a lot safer. We'll be much better at planning, and planners probably would have a bigger role. But the big change that will happen in my view, in a decade's time, is that we will be approaching a 50-50 male and female [workforce]. We've set this as a target, as a company. We really believe in gender balance, and we've worked at it very hard. It's tough. There's a lot we have to do to get there. We have to make ourselves accessible to a wider group of people. WSJ: Mining is a male-dominated industry. Are new technologies changing that? Mr. Mackenzie: It's not just automation that's allowing that. We've had to really shift our culture. You can't get away from the fact that there are a lot of unconscious biases, I would say in the world, but particularly in an industry that has been so male-dominated, where all the rules had been written by predominantly males, and predominantly white males. A lot of things we've had to change. You don't realize until you tackle a tiger like 50-50 [gender representation] as to how much discrimination exists and how much naysaying there is and how much you have to tackle head on. WSJ: Tell me about a specific role and how it might be different a decade from now because of technology. Mr. Mackenzie: We employ a lot of people as truck drivers. You'll have some truck drivers who have so much more information that they'll be much more flexible and creative, and their trucks will be maintained in a way that they will operate for a much higher level of uptime. For the more routine jobs of just shuttling back between the mine face and where the ore is processed, that will increasingly be done by fully autonomous trucks. Some of the people who are driving these trucks might find that they actually end up controlling those trucks from a remote location. WSJ: As a leader, how do you explain to employees that roles will change going forward without freaking them out? Mr. Mackenzie: It's hard to completely calm individuals down if they like a particular role and don't want it to change. How we communicate is that we say a number of these jobs will just allow you to be much more effective at what a human does, and therefore you will have a more enjoyable job. You'll have machines to do the things machines do better. In some cases where we have a lot of manual labor, we're likely to make the work easier. So you can do that work later in your career. You don't get timed out by age as much. It's much more accessible, for example, for women to do jobs. WSJ: When you became CEO, I don't think you had a lot of experience with activist investors. How have they changed your management style? Mr. Mackenzie: I do feel there were aspects of having an activist shareholder coming to me that I didn't fully appreciate. They're a big shareholder, they've got some good ideas. So, I said: Let's bring them on board and listen to them. We did listen to them hard. The challenge for me was that much of what they were telling me I knew, and we were doing things about. So the big learning I got was that in this modern world, we just have to be super transparent, and we have to accept that the world demands that. Write to Chip Cutter at chip.cutter@wsj.com (END) Dow Jones Newswires (END) Dow Jones Newswires
waldron
08/5/2019
08:41
1771.10 GBp +0.36% seems to be holding up despite negative vibrations
grupo
08/5/2019
08:30
Http://investing.thisismoney.co.uk/broker-views/index/date/08-05-2019 Barclays Capital Overweight 2,150.00 - Reiterates
grupo
07/5/2019
23:31
Yikes BHP faces $5bn lawsuit in UK over 2015 Brazil dam disaster hTTps://www.ft.com/content/6202187e-70ea-11e9-bbfb-5c68069fbd15 “Samarco’s iron ore production was repeatedly ramped up at the (instance) of BHP and Vale, with funding provided by them, to maintain profits in the face of a falling price of iron ore on the world market,” the lawsuit says. “This in turn meant that the capacity of the dam had to be repeatedly increased, by raising its height. Insistence surely.. Instance? FT clearly not the paper it used to be.
gordogecks
07/5/2019
23:30
Yikes BHP faces $5bn lawsuit in UK over 2015 Brazil dam disaster hTTps://www.ft.com/content/6202187e-70ea-11e9-bbfb-5c68069fbd15 “Samarco’s iron ore production was repeatedly ramped up at the (instance) of BHP and Vale, with funding provided by them, to maintain profits in the face of a falling price of iron ore on the world market,” the lawsuit says. “This in turn meant that the capacity of the dam had to be repeatedly increased, by raising its height. Insistence surely.. Instance? FT clearly not the paper it used to be.
gordogecks
07/5/2019
15:51
BHP is facing the largest claim in U.K. legal history for negligence in connection with the collapse of the Fundao dam in Brazil --The group action on behalf of 235,000 Brazilian individuals and organizations is suing the mining company for $5 billion --BHP said it will defend itself in the proceedings, which are being brought in the city of Liverpool By Oliver Griffin Anglo-Australian miner BHP Group PLC (BHP.LN) is facing the largest claim in U.K. legal history for being "woefully negligent" in its duty to prevent the catastrophic collapse of the Fundao dam in Brazil, in 2015, which killed 19 people. A group action lawsuit filed in Liverpool, England on Tuesday on behalf of 235,000 Brazilian individuals and organizations--including municipal governments, utility companies, indigenous tribes and the Catholic church--is represented by law firm SPG Law. The suit against BHP--the world's biggest mining company by market value--claims $5 billion in damages caused by the collapse of the dam. Tom Goodhead, a partner at SPG Law said: "BHP was woefully negligent in its duty of care and the damages sought are entirely commensurate with the devastation the company has wrought upon the people of Minas Gerais, Espirito Santo and Brazil." Neil Burrows, a spokesman for the mining company, said BHP intends to defend itself in the proceedings. BHP--a UK-registered company--is one of the two parent companies of dam operator Samarco Mineracao SA. While the claim is being brought in England, it will be heard under Brazilian law, which Mr. Goodhead said provides for a number of ways to hold parent companies liable for the acts and omissions of their subsidiaries. Mr. Goodhead said speed was a factor in bringing the case against BHP to England, explaining that lawsuits concerning environmental damages in Brazil can take considerably more time. The suit alleges that BHP was aware of escalating safety concerns about the dam's integrity and were knowingly responsible for decision-making around its operation and maintenance. Claimants also allege that BHP failed to heed and act on repeated warnings and consistently increased industrial output of iron ore, leading to water levels growing, despite safety concerns. Shares at 1335 GMT were down 0.3% at 1,773 pence. Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin (END) Dow Jones Newswires May 07, 2019 10:32 ET (14:32 GMT)
maywillow
07/5/2019
15:50
BHP is facing the largest claim in U.K. legal history for negligence in connection with the collapse of the Fundao dam in Brazil --The group action on behalf of 235,000 Brazilian individuals and organizations is suing the mining company for $5 billion --BHP said it will defend itself in the proceedings, which are being brought in the city of Liverpool By Oliver Griffin Anglo-Australian miner BHP Group PLC (BHP.LN) is facing the largest claim in U.K. legal history for being "woefully negligent" in its duty to prevent the catastrophic collapse of the Fundao dam in Brazil, in 2015, which killed 19 people. A group action lawsuit filed in Liverpool, England on Tuesday on behalf of 235,000 Brazilian individuals and organizations--including municipal governments, utility companies, indigenous tribes and the Catholic church--is represented by law firm SPG Law. The suit against BHP--the world's biggest mining company by market value--claims $5 billion in damages caused by the collapse of the dam. Tom Goodhead, a partner at SPG Law said: "BHP was woefully negligent in its duty of care and the damages sought are entirely commensurate with the devastation the company has wrought upon the people of Minas Gerais, Espirito Santo and Brazil." Neil Burrows, a spokesman for the mining company, said BHP intends to defend itself in the proceedings. BHP--a UK-registered company--is one of the two parent companies of dam operator Samarco Mineracao SA. While the claim is being brought in England, it will be heard under Brazilian law, which Mr. Goodhead said provides for a number of ways to hold parent companies liable for the acts and omissions of their subsidiaries. Mr. Goodhead said speed was a factor in bringing the case against BHP to England, explaining that lawsuits concerning environmental damages in Brazil can take considerably more time. The suit alleges that BHP was aware of escalating safety concerns about the dam's integrity and were knowingly responsible for decision-making around its operation and maintenance. Claimants also allege that BHP failed to heed and act on repeated warnings and consistently increased industrial output of iron ore, leading to water levels growing, despite safety concerns. Shares at 1335 GMT were down 0.3% at 1,773 pence. Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin (END) Dow Jones Newswires May 07, 2019 10:32 ET (14:32 GMT)
maywillow
07/5/2019
14:47
BHP Group PLC (BHP.LN) is facing a $5 billion lawsuit for being "woefully negligent" in relation to the 2015 collapse of the Fundao dam in Brazil, which killed 19 people. The Anglo-Australian miner is facing a group action lawsuit on behalf of 235,000 Brazilian individuals and organizations, who are represented by U.K. law firm SPG Law. The groups include municipal governments, utility companies, indigenous tribes and the Catholic church, SPG Law said. The suit has been served on BHP as one of the two parent companies of dam operator Samarco Mineracao SA. It alleges that BHP was aware of escalating safety concerns about the dam's integrity and were knowingly responsible for decision-making around its operation and maintenance. Claimants also allege that BHP failed to heed and act on repeated warnings and consistently increased industrial output of iron ore, leading to water levels growing, despite the safety concerns. Tom Goodhead, a partner at SPG Law said: "BHP was woefully negligent in its duty of care and the damages sought are entirely commensurate with the devastation the company has wrought upon the people of Minas Gerais, Espirito Santo and Brazil." A spokesman for BHP was not immediately available to comment. Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin (END) Dow Jones Newswires May 07, 2019 09:23 ET (13:23 GMT)
maywillow
07/5/2019
14:46
BHP Group PLC (BHP.LN) is facing a $5 billion lawsuit for being "woefully negligent" in relation to the 2015 collapse of the Fundao dam in Brazil, which killed 19 people. The Anglo-Australian miner is facing a group action lawsuit on behalf of 235,000 Brazilian individuals and organizations, who are represented by U.K. law firm SPG Law. The groups include municipal governments, utility companies, indigenous tribes and the Catholic church, SPG Law said. The suit has been served on BHP as one of the two parent companies of dam operator Samarco Mineracao SA. It alleges that BHP was aware of escalating safety concerns about the dam's integrity and were knowingly responsible for decision-making around its operation and maintenance. Claimants also allege that BHP failed to heed and act on repeated warnings and consistently increased industrial output of iron ore, leading to water levels growing, despite the safety concerns. Tom Goodhead, a partner at SPG Law said: "BHP was woefully negligent in its duty of care and the damages sought are entirely commensurate with the devastation the company has wrought upon the people of Minas Gerais, Espirito Santo and Brazil." A spokesman for BHP was not immediately available to comment. Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin (END) Dow Jones Newswires May 07, 2019 09:23 ET (13:23 GMT)
maywillow
02/5/2019
16:08
As per a recent World Bank report on Commodities, iron ore prices registered a sharp increase of 16.2 per cent in January-March of 2019, primarily because of supply disruptions in Brazil and Australia. Following the Brumadinho dam rupture, all of Vale’s upstream tailings dams in Brazil have been decommissioned and operations at several mines have been temporarily suspended. In Australia, BHP and Rio Tinto’s production were impacted by tropical cyclone Veronica, and ore shipments have been disrupted due to a fire at the latter’s export terminal. These supply disruptions amount to about six per cent of the global iron ore seaborne market. China's latest fiscal stimulus is also expected to prop up iron ore demand and hence support prices. China will sway iron ore prices since it accounts for a half of the world's steel and three-fifths of the world's iron ore consumption.
loganair
02/5/2019
10:25
Citigroup Buy 1,900.00 Reiterates Http://investing.thisismoney.co.uk/broker-views/index/date/02-05-2019
the grumpy old men
25/4/2019
07:55
4interest Https://www.smh.com.au/business/companies/oil-puzzle-bhp-and-us-oil-giants-see-shale-through-different-lenses-20190424-p51gxh.html
waldron
24/4/2019
16:53
Rio Tinto 4,554 -1.79% Anglo American 2,083 -3.79% Glencore 333.5 -1.08% (BHP) - 04/24 04:29:59 pm 1842.4 GBp -1.55% Gold COMEX 1,279.20 +0.47% Silver COMEX 15.02 +1.04% Copper COMEX 2.91 +0.52% Brent Crude Oil NYMEX 74.43 -0.11% Gasoline NYMEX 2.07 -0.68% Natural Gas NYMEX 2.50 +0.12%
waldron
24/4/2019
15:15
24/04/2019 | 4:00 p.m. Dassault Systèmes and the Anglo-Australian BHP Commodity Group announce a long-term strategic partnership to take advantage of the application of digital technologies to the mining sector. By combining the experience and resources of each company, the ambition is to generate value by applying proven technologies in other industries to the fundamental mineral bases of geoscience and resource engineering. "The partnership aims to create a new level of understanding of the potential for resources and operations, underpinned by the two companies' commitment to safety and sustainability," adds the French software publisher.
grupo guitarlumber
23/4/2019
12:09
RBC Capital Markets Sector Performer 1,600.00 Reiterates Http://investing.thisismoney.co.uk/broker-views/index/date/23-04-2019
the grumpy old men
23/4/2019
10:30
23/04/2019 | 11:09 UBS downgrades its recommendation on BHP from 'buy' to 'neutral', its target price unchanged at 1900 pence implying a potential growth of only 2% for the action of the Anglo-Australian mining group. "After a strong performance of the stock market and risks on prices of iron ore and metallurgical coal down, we believe that the risk-return is more balanced," says the broker in his note.
grupo
22/4/2019
16:15
7/17/19 FY 2019 Sales and Revenue Release
grupo
19/4/2019
09:48
BHP Chief Executive Officer, Andrew Mackenzie, said: "During the March 2019 quarter, we had a strong operational performance despite weather impacts across Australia and Chile. We approved Atlantis Phase 3 and now have five major projects under development. Those projects, our work on transformation, technology and culture, and our successful petroleum and copper exploration and appraisal programs will grow value and returns for years to come."
grupo guitarlumber
18/4/2019
16:56
Rio Tinto 4,600 +1.17% Anglo American 2,169.5 +0.37% Glencore 338.2 -0.62% (BHP) - 04/18 04:30:00 pm 1865.3 GBp +0.23% Gold COMEX 1,275.90 -0.07% Silver COMEX 15.03 +0.08% Copper COMEX 2.93 -1.30% Brent Crude Oil NYMEX 71.73 +0.15% Gasoline NYMEX 2.02 +0.48% Natural Gas NYMEX 2.51 -0.44%
waldron
18/4/2019
11:21
HSBC Hold 1,875.00 Reiterates JP Morgan Cazenove Underweight 2,060.00 Unchanged Http://investing.thisismoney.co.uk/broker-views/index/date/18-04-2019
maywillow
18/4/2019
08:54
17 July 2019 08:30 AM Melbourne time (approximate) BHP Operational Review for the year ended 30 June 2019 20 August 2019 08:30 AM Melbourne time (approximate) BHP Results for the year ended 30 June 2019 17 October 2019 08:30 AM Melbourne time (approximate) BHP Operational Review for the quarter ended 30 September 2019
grupo guitarlumber
18/4/2019
08:47
RBC Capital Markets Sector Performer 1,625.00 Reiterates
grupo guitarlumber
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