Mining Giant BHP Sees Nickel Pain Lingering as Net Income Slumps
BHP Group Ltd.’s first-half net income slumped 86% from the year before, after oversupply in the nickel market forced the world’s biggest miner to write down…
Stay updated with breaking news from Stop Miner. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
BHP Group Ltd.’s first-half net income slumped 86% from the year before, after oversupply in the nickel market forced the world’s biggest miner to write down…
(Bloomberg) -- Glencore Plc-backed Horizonte Minerals Plc is warning that it needs a whole new financing package to restart a nickel project in northern Brazil after a review revealed the mine will cost 87% more than thought.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Amazon Deserves to Be Called Out for Swindling UsersA $6 Trillion Wall of Cash Is Holding Firm as Fed Delays CutsWall St
(Bloomberg) -- BHP Group, the world’s biggest miner, posted its highest ever full-year profit on record commodity prices, and will push ahead with growth…
Once BTC pushes higher, miners like Riot Blockchain are sure to follow. Near-term, I’d like to see RIOT challenge $46.28.