Saul Kavonic of the investment bank says that without mergers and acquisitions, BHP will "remain a shadow of its former self with no real material growth catalyst."
President of Guyana Dr Mohammed Irfaan Ali has called on the country to realise its earning potential in his keynote address at the opening of the Guyanese Energy Conference and Expo on Tuesday. Ali said the oil and gas discoveries, and the resulting revenue from its content could generate the revenue to build the Guyana that its people have dreamed of for generations. “It gives us the opportunity with the resources to diversify our economy, building out through many new pillars so that we will be resilient and sustainable,” Ali said. “We never had the capital or the resources to build the diversified economy that we are talking about. We have always spoken about the dreams and aspirations of generations of the Guyanese. Today with hard work and humility, we have the ability to make that giant leap for Guyana and all of humanity.” He said Guyana, a world leader in climate change ecosystems and biodiversity, has 18.3 million hectares of standing forest, which covers about 87 per cent of its land area which stores 19.5 gigatons of carbon worth about US$195 billion.

BHP Group (BHP) Earnings Up Y/Y in First Half of Fiscal 2022

05:02pm, Tuesday, 15'th Feb 2022 Zacks Investment Research
BHP Group Limited's (BHP) earnings in the first half of fiscal 2022 gain on higher prices and near-record iron-ore production volumes.
Mining giants BHP and Glencore both reported earnings on Tuesday, both announcing billions of U.S. dollars of payback to shareholders as energy and metals commodities rally. Glencore reported a net income attributable to equity holders of $5.0 billion for 2021, compared to a loss of $1.9 billion for 2020, amid “multi-year or record high prices for many of our commodities” last year. The high income allowed Glencore to announce a total of $4.0 billion of shareholder returns, including a recommended $3.4 billion ($0.26 per…

Has Gold Fields (GFI) Outpaced Other Basic Materials Stocks This Year?

02:40pm, Tuesday, 15'th Feb 2022 Zacks Investment Research
Here is how Gold Fields (GFI) and BHP (BHP) have performed compared to their sector so far this year.
Companies benefit from soaring price of oil, gas and metals
Surging prices for iron, coal and oil have led to booming profits at Glencore and BHP .

Woodside unveils exec team to lead new company after BHP merger

09:00am, Tuesday, 15'th Feb 2022 Offshore Energy
Woodside has revealed a new executive team, which will lead the new company, following the completion of the proposed merger with BHP. The post Woodside unveils exec team to lead new company after BHP merger appeared first on Offshore Energy .

BHP and Glencore deliver investor cheer as earnings soar

08:51am, Tuesday, 15'th Feb 2022 Belfast Telegraph
Mining giants BHP Group and Glencore have revealed bumper shareholder payouts after soaring commodity prices boosted earnings.

BUSINESS LIVE: Inflation erodes Britons'' pay; BHP profits soar

07:58am, Tuesday, 15'th Feb 2022 Daily Mail Online
Workers in Britain saw their earnings shrink when adjusted for inflation in late 2021, data from the ONS shows, adding to signs of a growing squeeze on living standards in the country.

BHP delights but ASX weighed by Russia

07:51am, Tuesday, 15'th Feb 2022 Business Australian News
BHP pleased investors with first-half earnings, but Australian share market participants traded warily as Russia threatens the stability of Europe.

BHP execs enlisted for new Woodside team

07:49am, Tuesday, 15'th Feb 2022 Business Australian News
Woodside''s new leadership team will be split across Perth and Houston and include five BHP executives in line with the merged entity''s elevated global profile.
Mining giant BHP has achieved near record production in iron ore, despite being impacted by poor weather and labour restrictions on operations. In

BHP & Ansell half year results 15 Feb 22

05:24am, Tuesday, 15'th Feb 2022 Herald Sun Australia
Both BHP Group (BHP) and Ansell (ANN) handed down their half year results.
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