FWC overturns BHP vaccination mandate

07:36am, Friday, 03'rd Dec 2021 Business Australian News
The Fair Work Commission has ruled against a COVID vaccination mandate applying to coal mine workers in NSW but the ruling is unlikely to have any impact in Western Australia.

BHP vaccine mandate unlawful

07:33am, Friday, 03'rd Dec 2021 Business Australian News
A mandatory COVID-19 vaccination policy introduced by BHP has been deemed unlawful by the full bench of the Fair Work Commission.
The national industrial tribunal ruled BHP had not consulted with its workers properly in a ruling that shows other vaccine mandates may be open to challenge.

BHP''s vaccine mandate unlawful

05:43am, Friday, 03'rd Dec 2021 Australian Broadcasting Corporation
The full bench of the Fair Work Commission has found a decision by mining giant BHP to make vaccinations at a Hunter Valley mine mandatory was not lawful or reasonable.

BHP (ASX:BHP) share price lifts as single listing gets green light

12:15am, Friday, 03'rd Dec 2021 The Motley Fool Australia
BHP hopes to switch from a dual-listed corporate structure to a single ASX listing by January 31. The post BHP (ASX:BHP) share price lifts as single listing gets green light appeared first on The Motley Fool Australia .
03 Dec 2021 - US stocks rebound as S&P 500 shakes off 2-day woes. OPEC+ sticks to output for January. Back home, ASX 200 dipped on tech tumble. BHP (ASX: BHP) confirmed their plans to proceed with its unification.

Morning Report 3 Dec 21: Wall Street resurgence paves the way for ASX gains

11:05pm, Thursday, 02'nd Dec 2021 Herald Sun Australia
US sharemarkets rebounded on Thursday, following a sharp sell-off in the previous session. Boeing shares jumped by 7.5% after China cleared the 737 Max aircraft to fly. Delta Air Lines shares gained 9.3%. Shares of payments processors Visa (+4.3%), Mastercard (+4.5%) and American Express (+4.5%) all climbed. Retailer Kroger (+11%) raised its full-year sales and profit forecasts. But Apple shares fell by 0.6% on reports of a slowing in iPhone 13 demand. The Dow Jones index closed higher by 618 points or 1.8%. The S&P 500 index lifted by 1.4%. And the Nasdaq index added 127 points or 0.8%. European sharemarkets shed more than 1% on Thursday as countries ramped up restrictions to curb the spread of the Omicron virus variant. The pan-European STOXX 600 index fell by 1.2% with travel and leisure stocks down 2.6%. The German Dax index lost 1.4% and the UK FTSE index dipped 0.6%. In London trade, shares in Rio Tinto rose by 0.6% and BHP shares lifted 1.2%.

UK Value: Glencore - Commodities of the Future

07:34pm, Thursday, 02'nd Dec 2021 GuruFocus
Thoughts on today''s annual investor update Check out David Herro Stock Picks » Download GuruFolio Report of David Herro (Updated on 12/01/2021) Related Stocks: LSE:GLEN , XPAR:BN , BHP , LSE:BHP , RIO , LSE:RIO , LSE:AAL , BP , LSE:BP. ,

BHP board approves new company structure

11:24am, Thursday, 02'nd Dec 2021 The Australian Mercury
The BHP board has approved the collapse of the companys dual structure, with the mining giant to become one entity listed on the ASX in 2022.
BHPs Chilean operations Escondida and Spence, and Olympic Dam in Australia, have been awarded the Copper Mark, recognising responsible production practices after an independent assurance process, the miner says. The Copper Mark is an assurance framework specific to the copper industry, developed to ensure value chain participants demonstrate best practice in responsible production and contribute[] The post Escondida, Spence and Olympic Dam production practices recognised with Copper Mark appeared first on International Mining .
Australian shares edged lower on Wednesday, as the first confirmed community case of the Omicron coronavirus variant stoked fears of reimposition of restrictions and delay an economic recovery, ahead of third quarter GDP data. The S&P/ASX 200 index lost 0.35% at 7,230.7 by 2351 GMT. The benchmark gained 0.22% on Tuesday. Australian authorities confirmed a person with COVID-19 had the new Omicron variant after disclosing that the person had been active in the community on Tuesday. Fears were also exacerbated by vaccine maker Moderna''s chief executive officer saying vaccines are likely to be less effective against the new variant, further fuelling a global selloff. Energy stocks tumbled as much as 1.25%, tracking a 6.2% drop in US crude futures overnight. Woodside Petroleum and Santos shed as much as 1.6% and 1.7%, respectively. The country''s fourth largest lender Australia and New Zealand Banking Group shed as much as 0.9% after it revealed a class action proceeding had been filed against it, relating to some "unfair" credit card contracts.

Mining tech business SensOre prices IPO

01:20am, Wednesday, 01'st Dec 2021 The Australian Financial Review
Mining technology business SensOre, which counts BHP as a client and BHP Ventures as a small shareholder, has set the terms of its $10 million initial public offering.

Vale (VALE) Trims Iron Ore Production Guidance for 2021

03:33pm, Tuesday, 30'th Nov 2021 Zacks Investment Research
Vale S.A (VALE) lowers the top end of its 2021 iron ore production guidance to 320 million tons from 335 million tons, while maintaining the lower end at 315 million tons.
Australian shares closed higher on Tuesday as concerns about the Omicron coronavirus variant eased further, although the benchmark index posted a third straight monthly loss. The S&P/ASX 200 index ended 0.22% higher at 7,256, after climbing 1% in early trade - the biggest since early-October?. For the month, the benchmark shed 0.9%. Travel stocks rebounded after two days of heavy selling, as hopes that the new variant might be milder than initially feared boosted investor sentiment. Airline operator Qantas Airways climbed 4.1% to mark its best day in over three weeks, while online travel websites Flight Centre Travel Group and Webjet jumped 6.7% and 6.2%, respectively. "Investors have kept aside concerns over the impact of the new coronavirus variant on the economic recovery and are cautiously optimistic while waiting for more details on Omicron," said Kunal Sawhney, CEO of Kalkine Group said. The country''s economy also showed signs of strength, with Australia''s current account surplus increasing A$1 billion in the September quarter to a record A$23.9 billion ($16.98 billion), thanks to iron ore and coal prices. "Robust prices for exports of coal and other mineral fuels helped the nation observe a record surplus, however, the road ahead to economic revival seems bumpy as the new variant heightens concerns around global growth," said Sawhney.

Lighter Hercules for BHP

06:45am, Tuesday, 30'th Nov 2021 Mining Monthly
Schlam to supply Hercules dump bodies to BHP.
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