News
BHP
56.43
-1.36%
-0.78
UPDATE 3-BHP considering improved proposal for Anglo American after bid rejected, source says
BHP considering improved offer for Anglo American after bid rejected, source says. BHP's $39 billion takeover offer rejected by the miner on Friday. Source says BHP is in discussions on a revised bid to be made in coming weeks. Deal would create the world's biggest miner of copper.
Reuters · 1d ago
BHP considers improving Anglo American bid after rejection - Bloomberg
BHP Group's $39B takeover offer for Anglo American PLC was rejected by the miner on Friday. The Australian miner is considering making an improved offer for the British miner. BHP's board unanimously rejected the offer. Elliott Investment Management has built a $1B stake in Anglo American.
Seeking Alpha · 1d ago
Anglo American Rejects BHP Offer; Gatos Silver's Mineral Findings; IperionX Installs New Furnace And More: Friday's Top Mining Stories
Anglo American rejected the $39-billion all-share takeover bid from BHP Group. The board called the offer "highly unattractive" and undervalued. The offer included conditions like demerging Anglo American's stakes in Amplats and Kumba Iron Ore.
Benzinga · 2d ago
Elliott Management's $1B Anglo American Stake Ups Ante As Mining Megamerger Collapses
Activist investor Elliott Management has quietly built a $1 billion stake in Anglo American. The mining giant was the target of a $39 billion takeover bid from BHP Group. Anglo American's board rejected BHP's offer, deeming it unattractive. Elliott Management, led by billionaire Paul Singer, has amassed this holding over the last months.
Benzinga · 2d ago
BUZZ-Copper miners gain as red metal climbs to two-year high
Three-month copper up 0.9% at $9,950.50/metric ton on London Metal Exchange. Shares of copper miners rise, tracking prices of the red metal. BHP Group's BHP.AX $39 billion bid for Anglo American rejected.
Reuters · 2d ago
Anglo American and Other Copper Stocks Have Surged. Time to Sell.
Copper prices and shares of copper miners have run too high and look vulnerable to declines. Copper prices are up 28% from a low in mid-October. Copper miners are well above their 200-day moving average, making them vulnerable to a drop. A potential merger in the sector may be a sign for investors to sell.
Barron‘s · 2d ago
Anglo American Rejects BHP Offer. Stock Rises as Report Says Elliott Takes Big Stake.
Anglo American rejects BHP's all-share offer for the international miner. BHP is the world's largest miner. Anglo American is a major copper producer in South America. The company says the offer "significantly undervalues" the firm and its prospects. Elliott Investment Management has built a stake in Anglo American of about $1 billion.
Barron‘s · 2d ago
Reliance, Newmont Report Q1 Financial Results; BHP Proposes Acquisition Of Anglo American And More: Thursday's Top Mining Stories
Reliance (NYSE:RS) reported Q1 results with net sales of $3.64 billion and a 10.3% increase in tons sold. Newmont reported strong Q1 2024 results, producing 2.2 million gold equivalent ounces and generating $1.4 billion in operational cash.
Benzinga · 2d ago
Elliott builds $1B stake in takeover target Anglo American - Bloomberg
Activist hedge fund Elliott Investment Management builds $1B stake in takeover target Anglo American. The miner rejected BHP's £31.1B takeover approach. Elliott is one of the miner's 10 biggest shareholders. Anglo American shares rose more than 4% in London after the report.
Seeking Alpha · 2d ago
Anglo American Rejects BHP's 'Highly Unattractive' Bid, Sets Proposal Deadline For May 22
Anglo American rebuffed a $39-billion takeover proposal from BHP Group. The company's board of directors dismissed the offer as "highly unattractive" BHP's offer requires Anglo American to complete two demergers of its shareholdings in platinum and iron ore.
Benzinga · 2d ago
BHP Group Ltd (BHPLF) Gets a Hold from Berenberg Bank
TipRanks · 2d ago
UPDATE 2-Activist investor Elliott builds $1 bln stake in Anglo American
Activist investor Elliott builds $1 bln stake in Anglo American AAL.L. Elliott disclosed total interests of about 2.5% in the London-listed miner. The fund is one of the miner's top 10 shareholders. Anglo rejected rival BHP Group's 31.1 billion pound takeover proposal earlier on Friday.
Reuters · 2d ago
REFILE-UPDATE 1-Activist investor Elliott builds $1 bln stake in Anglo American, source says
Activist investor Elliott builds $1 bln stake in Anglo American, source says. Elliott's stake build-up will make it one of the miner's top 10 shareholders. The company rejected rival miner BHP Group's $39 billion takeover proposal on Friday. Anglo American declined to comment.
Reuters · 2d ago
'Activist Elliott Builds $1B Anglo American Stake; Anglo American Has Received Takeover Approach From BHP; Hedge Fund Has Been Amassing Stake Over Recent Months' - Bloomberg News
Activist hedge fund Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc. The UK-listed miner has received a takeover approach from Australia's BHP Group Ltd. The size of the stake puts Elliott among Anglo American's 10 biggest shareholders.
Benzinga · 2d ago
European Commodities: After Asian Supply Shock, What's Next for Nickel?
Nickel prices have bottomed out after a record jump in February 2022. China and Indonesia are cutting production in response to oversupply in the market. The industrial metal is showing "buy" signals for short, medium and long term. UK natural gas prices dropped more than expected this week. Milling wheat is one of the positive commodities this week in Europe.
Barchart · 2d ago
GLOBAL MARKETS-Stocks face worst month since September, yen swings after BOJ
Global stocks face worst month since September, yen swings after BOJ Global stocks down 3.4% for the month Google, Microsoft earnings signal Wall Street relief rally Japan's yet hits fresh 34-year low then rebounds sharply. Japan's yen was volatile after the Bank of Japan kept monetary policy loose.
Reuters · 2d ago
Copper charges past $10K/ton on market tightness, surging demand
Seeking Alpha · 2d ago
Investors in Anglo American Bet on Higher Takeover Bid for Miner
Anglo American rejected BHP's $39 billion takeover proposal. But investors appear to be betting on a deal eventually getting done. Investors could be hoping for a higher bid from BHP or an interloper. BHP stock is likely to be under pressure as a result of the deal.
The Wall Street Journal · 2d ago
METALS-Copper hits two-year high on fund buying
London copper prices test strong resistance at $10,000 a metric ton. London copper hits two-year high on fund buying after BHP Group's bid for Anglo American rejected. Shanghai copper hits record high and Shanghai prices hit a record high. BHP's $39 billion takeover of Anglo American puts supply concerns in focus.
Reuters · 2d ago
PRECIOUS-Gold prices climb ahead of US inflation data
Gold prices climb ahead of US inflation data PCE report due at 1230 GMT Gold up, but set to mark its biggest weekly drop since Dec. 8 Silver, platinum, palladium down for the week. Mixed U.S. Economic data and strength in China's gold demand drive up gold prices.
Reuters · 2d ago
More
Webull provides a variety of real-time BHP stock news. You can receive the latest news about Bhp Group Limited through multiple platforms. This information may help you make smarter investment decisions.
About BHP
BHP Group Limited is an Australia-based resources company. The Company is a producer of commodities, including iron ore, copper, nickel, potash and metallurgical (steelmaking) coal. It is focused on offering a range of resources, which provides copper for renewable energy; nickel for electric vehicles; potash for sustainable farming, and iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition. Its segments include Copper, Iron Ore, and Coal. Its Copper segment is engaged in mining of copper, silver, zinc, molybdenum, uranium, and gold. Its Iron Ore segment is engaged in mining of iron ore. Its Coal segment is engaged in mining of metallurgical coal and energy coal. The Company is also focused on operating Olympic Dam, Prominent Hill, and Carrapateena underground copper-gold mines in South Australia. Its operations are situated in Australia, Europe, China, Japan, India, South Korea, rest of Asia, North America, South America, and others.