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BHP falls short of expected profit, warns of slowing growth outside China
BHP Group on Tuesday said it expects most major world economies except China to bear the brunt of a coronavirus-led downturn this year, reporting a 4% drop in annual profit that missed analysts’ estimates. While miners have seen green shoots emerge from an economic...
Overview Market Close – August 17, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 27,844.91 -86.11 -0.31% S&P 500 INDEX 3,381.99 +9.14 +0.27% NASDAQ COMPOSITE INDEX 11,129.73 +110.43 +1.00% NYSE COMPOSITE INDEX 12,936.11 0.00 0.00% S&P/TSX COMPOSITE INDEX 16,656.12 +141.51 +0.86%...
Indigenous groups in Chile’s Atacama push to shut down SQM
Indigenous groups in Chile’s lithium-rich Atacama salt flat, fresh off a resounding legal victory earlier this week, said on Friday they will push to see top lithium miner SQM’s environmental permits revoked and its operations shut down. The Atacama Indigenous Council...
Vale to move forward with Serra Sul iron ore expansion
Brazil’s Vale has received board approval for a long-sought expansion of the already massive S11D iron ore mine, in the northern state of Pará. The $1.5 billion Serra Sul 120 project aims to increase the S11D mine-plant capacity by 20 million tonnes to 120 million...