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41 articles

Australian shares slump to two-month low as miners fall

Australian stocks hit a two-month low as mining giants like BHP and Rio Tinto slumped on weaker copper and lithium prices. Rising oil costs and inflation fears further pressured the market amid expect

reuters · 2026-09-11 00:49

Albemarle names BHP executive Ragnar Udd as CEO

Albemarle appointed BHP executive Ragnar Udd as its new CEO effective February 1, 2027, replacing Kent Masters. The announcement caused shares to fall 2.3% as the world's largest lithium producer tran

reuters · 2026-09-03 05:16

Australia's BHP, unions fail to reach wage deal

BHP and unions failed to reach a wage agreement for workers at the Port Hedland iron ore hub, amid disputes over the miner's $13 billion profit. Although industrial action occurred earlier, the CEO st

reuters · 2026-08-17 21:42

BHP Heads Into Earnings With Fewest 'Buy' Ratings Ever

Ahead of full-year results, BHP faces record-low analyst buy ratings as copper production guidance weakens due to declining mine grades in South America. Despite the pessimism, shares have surged 35%

bloomberg · 2026-08-16 14:00

Strikes, Soaring Costs and M&A Await BHP's New CEO Craig

Newly appointed BHP CEO Brandon Craig faces immediate challenges including threatened iron ore strikes, $2.3 billion project overruns, and strategic decisions on uranium expansion and potential M&A am

reuters · 2026-06-24 23:20

Fortescue Faces Sexual Harassment Class Action Lawsuit

Fortescue faces a class action lawsuit alleging widespread sexual harassment at its Australian mining sites, following similar cases against Rio Tinto and BHP. The suit cites 45 testimonials regarding

reuters · 2026-06-24 19:37