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BENGALURU: Rio Tinto has reported its best annual earnings since 2011 and declared a record final dividend as iron ore prices surged on strong demand from top consumer China’s aggressive investments in infrastructure.
MELBOURNE: BHP Group boosted its outlook for the global economy as the rollout of Covid-19 vaccines gathers pace, backing its optimism by rewarding investors with a record US$5.1bil first-half dividend payout and fueling expectations for a new commodities supercycle.
MELBOURNE: BHP Group on Tuesday reported its best first-half profit in seven years and declared a record interim dividend, as top metals user China's strong appetite for iron ore to support its infrastructure push kept prices elevated.
LONDON: Global shares rose for the 11th day in a row to reach a fresh peak on optimism about the rollout of COVID-19 vaccines and new fiscal aid from Washington, while tensions in the Middle East drove oil to a 13-month high
(Reuters) - Lawyers for about 200,000 Brazilian claimants, whose 5 billion pound ($6.82 billion) lawsuit against Anglo-Australian miner BHP over a 2015 dam collapse was struck out last November, are optimistic about going to the Court of Appeal.
LONDON: Copper and gold miner SolGold Plc has launched a process to replace chief executive Nick Mather after nearly half of shareholders, including BHP and Newcrest, opposed his reappointment to the board, said an industry source familiar with the matter.
SINGAPORE: Bonds nursed losses while stocks and commodities gained on Thursday in anticipation of a big borrowing and big spending Democrat administration driving growth, following runoff elections that gave the party control of U.S. Congress.