$BHP Group Ltd (BHP.AU)$
BHP Group, the world's largest miner, is undergoing a significant global restructuring, impacting various aspects of its operations, from mine planning to sustainability efforts. The restructuring, led by CEO Mike Henry, aims to streamline operations and reduce costs. The company has already begun shedding jobs in Australia as part of these changes.
BHP stated that the restructuring aims to improve work alignment and fac...
BHP Group, the world's largest miner, is undergoing a significant global restructuring, impacting various aspects of its operations, from mine planning to sustainability efforts. The restructuring, led by CEO Mike Henry, aims to streamline operations and reduce costs. The company has already begun shedding jobs in Australia as part of these changes.
BHP stated that the restructuring aims to improve work alignment and fac...
$Rio Tinto Ltd (RIO.AU)$
Rio Tinto’s underlying profit for the financial year exceeded estimates, reaching $11.8 billion against the estimated $11.66 billion.
The final dividend per share stood at $2.58.
The underlying Ebitda also beat estimates, registering at $23.9 billion compared to the estimated $23.85 billion.
However, net income fell short of estimates, totalling $10.06 billion against the projected $11.15 b...
Rio Tinto’s underlying profit for the financial year exceeded estimates, reaching $11.8 billion against the estimated $11.66 billion.
The final dividend per share stood at $2.58.
The underlying Ebitda also beat estimates, registering at $23.9 billion compared to the estimated $23.85 billion.
However, net income fell short of estimates, totalling $10.06 billion against the projected $11.15 b...
$Lynas Rare Earths Ltd (LYC.AU)$ $Silver Lake Resources Ltd (SLR.AU)$ $Appen Ltd (APX.AU)$ $4DS Memory Ltd (4DS.AU)$ $Pilbara Minerals Ltd (PLS.AU)$ $BHP Group Ltd (BHP.AU)$ $National Australia Bank Limited Sponsored ADR (NABZY.US)$ $Bank of America (BAC.US)$
The Reserve Bank of Australia (RBA) is anticipated to maintain interest rates at a 12-year high, focusing on policy changes during its first meeting of the year.
Economists expect the RBA to keep the cas...
The Reserve Bank of Australia (RBA) is anticipated to maintain interest rates at a 12-year high, focusing on policy changes during its first meeting of the year.
Economists expect the RBA to keep the cas...
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$BHP Group Ltd (BHP.AU)$
Hundreds of train drivers at BHP’s lucrative iron ore operations in Western Australia will kick off the sector’s first industrial action in decades as workers revolt against “unpredictable” treatment of working conditions.
Hundreds of train drivers at BHP’s lucrative iron ore operations in Western Australia will kick off the sector’s first industrial action in decades as workers revolt against “unpredictable” treatment of working conditions.
$BHP Group Ltd (BHP.AU)$
BHP Group on Thursday (Jul 20) reported its highest-ever annual iron ore production, helped by the continued ramp-up at its South Flank operations in Western Australia but flagged it faces rising costs.
The world’s largest listed miner said unit costs at its Western Australia iron ore operations and Chilean copper mine Escondida are expected to be towards the upper end of forecast ranges but said capital and e...
BHP Group on Thursday (Jul 20) reported its highest-ever annual iron ore production, helped by the continued ramp-up at its South Flank operations in Western Australia but flagged it faces rising costs.
The world’s largest listed miner said unit costs at its Western Australia iron ore operations and Chilean copper mine Escondida are expected to be towards the upper end of forecast ranges but said capital and e...
With all the recent bank turmoil and bank runs, it's a good reminder to be cautious with our money. It's important to remember that the modern banking system is based on fractional banking, which means banks are heavily leveraged.
For example, let's say you deposit $100 into your bank account. The bank only needs to keep a fraction of that deposit (let's say 10%) in reserve, and can lend out the remaining $90 to other customers.
This is how banks make money, by charging interest on loans. But ...
For example, let's say you deposit $100 into your bank account. The bank only needs to keep a fraction of that deposit (let's say 10%) in reserve, and can lend out the remaining $90 to other customers.
This is how banks make money, by charging interest on loans. But ...
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Caspin Resources $Caspin Resources Ltd (CPN.AU)$ announced major rareearths discovery in Western Australia & shares popped 15%.
ut another winner down the road could be Lynas Rare Earths $Lynas Rare Earths Ltd (LYC.AU)$ which is building a large rare earths processing facility in Kalgoorlie to de-risk from potential Malaysian processing facility shutout.
China controls 85% of global rare earth processing capacity, which needs to change in order for Western nations to reduce dependence on these i...
ut another winner down the road could be Lynas Rare Earths $Lynas Rare Earths Ltd (LYC.AU)$ which is building a large rare earths processing facility in Kalgoorlie to de-risk from potential Malaysian processing facility shutout.
China controls 85% of global rare earth processing capacity, which needs to change in order for Western nations to reduce dependence on these i...
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$BHP Group Ltd (BHP.AU)$ $Harvey Norman Holdings Ltd (HVN.AU)$ $Pilbara Minerals Ltd (PLS.AU)$ $Qantas Airways Ltd (QAN.AU)$ $Victor Group Holdings Ltd (VIG.AU)$
An independent review of the Reserve Bank of Australia (RBA) has recommended creating a specialist board to manage monetary policy that would be chaired by the governor and have a dual mandate of price stability and full employment.
The central bank should keep its...
An independent review of the Reserve Bank of Australia (RBA) has recommended creating a specialist board to manage monetary policy that would be chaired by the governor and have a dual mandate of price stability and full employment.
The central bank should keep its...
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Seriously, what's up with the brokerage fee? I've been using Stake for a while and recommending it to my friends, but this news is really disappointing.
I get it, running a business is tough, but this just feels like a betrayal of trust. I hope they can come up with a more customer-friendly solution that doesn't make us feel like they're taking advantage of their customers.
$AGL Energy Ltd (AGL.AU)$ $Sayona Mining Ltd (SYA.AU)$ $BHP Group Ltd (BHP.AU)$
I get it, running a business is tough, but this just feels like a betrayal of trust. I hope they can come up with a more customer-friendly solution that doesn't make us feel like they're taking advantage of their customers.
$AGL Energy Ltd (AGL.AU)$ $Sayona Mining Ltd (SYA.AU)$ $BHP Group Ltd (BHP.AU)$
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$BHP Group Ltd (BHP.AU)$
Since the beginning of the year, the BHP share price has struggled to take off amid a challenging economic environment. Its share price is rebounding on Monday.
There are a couple of likely reasons why the BHP share price is heading north during midday trade despite no company announcements.
Firstly, the $SPDR® S&P/ASX 200 Resources ETF (OZR.AU)$ sector is the second-best performing index across the ASX today, with a 2.59% gai...
Since the beginning of the year, the BHP share price has struggled to take off amid a challenging economic environment. Its share price is rebounding on Monday.
There are a couple of likely reasons why the BHP share price is heading north during midday trade despite no company announcements.
Firstly, the $SPDR® S&P/ASX 200 Resources ETF (OZR.AU)$ sector is the second-best performing index across the ASX today, with a 2.59% gai...
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