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BHP Group's first-half profit jumps 22%, topping estimates
Feb 17 (Reuters) - BHP Group BHP.AX reported a stronger-than-expected half-year underlying profit on Tuesday, driven by copper, which for the first time surpassed iron ore to contribute more than half of the miner's earnings.The world's largest listed miner reported first-half underlying att...Reuters
33 minutes ago
BHP Group signs silver streaming agreement with Wheaton Precious Metals
Feb 17 (Reuters) - BHP Group BHP.AX on Tuesday entered a long-term silver streaming agreement with a unit of Wheaton Precious Metals WPM.TO for an upfront payment of $4.3 billion at completion. BHP will deliver silver from its share of output at Peru's Antamina mine, where it has a 33.75% invest...Reuters
52 minutes ago
BHP Group signs silver streaming agreement with Wheaton Precious Metals
Feb 17 (Reuters) - BHP Group BHP.AX on Tuesday entered a silver streaming agreement with Wheaton Precious Metals WPM.TO for an upfront payment of $4.3 billion at completion. BHP will deliver silver from its share produced at the Antamina mine.Reuters
an hour ago
BHP Group Announces Silver Streaming Transaction
Feb 17 (Reuters) - BHP Group Ltd BHP.AX:ANNOUNCES SILVER STREAMING TRANSACTIONENTERED INTO A LONG-TERM STREAMING AGREEMENT WITH WHEATON PRECIOUS METALS INTERNATIONAL LTD.UNDER AGREEMENT, BHP WILL RECEIVE AN UPFRONT PAYMENT OF US$4.3 BILLION AT COMPLETIONBHP WILL DELIVER SILVER TO WHEATON CALCULATED ...Reuters
an hour ago
BHP's Vicuna unveils $18 billion mining investment in Argentina
BUENOS AIRES, Feb 16 (Reuters) - Miner Vicuna Corp, controlled by Australia's BHP BHP.AX and Canada's Lundin Mining LUN.TO, announced on Monday an $18 billion multi-year investment plan to develop copper, gold, and silver mining projects in northern Argentina. The initial investment in its J...Reuters
2 hours ago
Citi says geopolitics to support oil near term; peace deals seen lowering prices
Feb 16 (Reuters) - Oil prices could remain supported in the near term as U.S. President Donald Trump ramps up pressure for peace deals involving Russia and Iran, but a resolution later this year may ultimately push crude lower, Citi said on Monday.Brent crude has rallied from around $60 per barrel t...Reuters
2 hours ago
Cuba's Havana piles with trash as US chokehold halts garbage trucks
HAVANA, Feb 16 (Reuters) - Garbage has begun to pile up on street corners in the Cuban capital of Havana, attracting hordes of flies and reeking of rotten food, in one of the most visible impacts of the U.S. bid to prevent oil from reaching the Caribbean's largest island.State-run news outlet Cu...Reuters
2 hours ago
Trump slams energy deal between California and Britain, Politico reports
Feb 16 - President Donald Trump denounced a clean energy agreement between the United Kingdom and California Governor Gavin Newsom hours after it was signed on Monday, Politico reported.In an interview with the outlet, Trump said it was "inappropriate" for Britain to be dealing with the Demo...Reuters
3 hours ago
Pardee Resources Says Greenbrier Minerals Intends To Idle 7 Coal Mines, Lay Off 530 Employees
Feb 16 (Reuters) - Pardee Resources Co PDER.PK:PARDEE RESOURCES CO - GREENBRIER MINERALS ISSUES WARN NOTICEPARDEE RESOURCES CO - GREENBRIER, THROUGH VARIOUS UNITS INTENDS TO IDLE SEVEN COAL MINES, LAY OFF 530 EMPLOYEESPARDEE RESOURCES CO - ACTIONS LIKELY TO HAVE MATERIAL NEGATIVE IMPACT ON CO'S ...Reuters
3 hours ago
Oil prices rise 1% ahead of US-Iran nuclear talks
US, Iranian officials to meet in Geneva on TuesdayIran says energy, mining and aircraft deals on table in US talksOPEC+ leans toward resuming output hikes from April, sources sayUS holiday keeps trade mutedBy Nicole Jao NEW YORK, Feb 16 (Reuters) - Oil prices edged up on Monday as investors weigh...Reuters
3 hours ago
Gold slips below $5,000 as US Dollar rebounds in thin trade
Gold price dives nearly 1% on a thin liquidity trading session on Monday as US markets are closed in observance of Presidents' Day, while China’s new year celebration will keep the markets closed for over a week. At the time of writing, XAU/USD trades at $4,992 after reaching a daily high of $5,054.
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3 hours ago
India seizes three Iran-linked US-sanctioned tankers, source says
Seizures follow improvement in US trade ties Seized tankers frequently changed identities, source saysIndian Coast Guard deploys ships and aircraft for surveillance, source saysBy Saurabh Sharma NEW DELHI, Feb 16 (Reuters) - India has seized three U.S.-sanctioned oil tankers linked to Iran this ...Reuters
4 hours ago
Trump slams energy deal between California and Britain, Politico reports
Feb 16 - President Donald Trump denounced a clean energy agreement between the United Kingdom and California Governor Gavin Newsom hours after it was signed on Monday, Politico reported.In an interview with the outlet, Trump said it was "inappropriate" for Britain to be dealing with the Demo...Reuters
5 hours ago
MOL says it asked Hungary to release strategic oil reserves
BUDAPEST, Feb 16 (Reuters) - Hungarian refiner MOL MOLB.BU has asked the country's Energy Ministry to release strategic oil reserves as a result of supply through the Druzhba pipeline having stopped since January 27, it said on Monday.It also said that to make up for the shortfall it is starting...Reuters
6 hours ago
Musk's X back up after brief outage in US and UK, Downdetector shows
Feb 16 (Reuters) - Elon Musk's X was back up for thousands of users in the U.S. and UK after a short outage on Monday, according to tracking website Downdetector.com. At its peak, there were around 40,000 reports of issues with the social media platform in the U.S., according to Downdetecto...Reuters
6 hours ago
Ukrainian ex-minister accused of money laundering in major corruption case
Midas case involves $100-million kickback scheme at state atomic agencyGalushchenko's family received over $7 million in foreign accounts, prosecutors allegeCorruption probe linked to ouster of Zelenskiy's chief of staffBy Dan Peleschuk KYIV, Feb 16 (Reuters) - Ukraine's anti-corrupti...Reuters
6 hours ago
Westinghouse to increase headcount in Spain as it eyes growth in Europe
By Pietro Lombardi MADRID, Feb 16 (Reuters) - Westinghouse Electric Company plans to hire hundreds of additional workers at its Spanish operations by the end of the decade as it eyes new markets in Europe for its AP1000 nuclear reactors, two senior company officials said on Monday.European countr...Reuters
7 hours ago
Norwegian Cruise Line Holdings Enters Into Agreement With Fincantieri For Three New Cruise Ships
Feb 16 (Reuters) - Norwegian Cruise Line Holdings Ltd NCLH.N:NORWEGIAN CRUISE LINE HOLDINGS ENTERS INTO AGREEMENT WITH FINCANTIERI FOR THREE NEW CRUISE SHIPSNORWEGIAN CRUISE LINE - SHIPS TO BE BUILT IN ITALY, DELIVERED 2036-2037NORWEGIAN CRUISE LINE - EXPECTS TO UTILIZE EXPORT CREDIT AGENCY FINANCIN...Reuters
7 hours ago
Iran foreign minister met IAEA chief ahead of nuclear talks
Iran conducts drill in Strait of Hormuz in case of a military threatIran seeks sanctions relief in exchange for nuclear curbsUS deploys warships, prepares for possible military campaignIAEA demands Iran account for missing enriched uraniumBy Elwely Elwelly and Humeyra Pamuk DUBAI/BUDAPEST, Feb 16...Reuters
9 hours ago
