Anglo American boss sees future in London despite HQ move October 9, 2025 Anglo American has no plans to move its primary listing away from London once its megamerger with Canadian rival Teck is completed, its boss has said, despite the firm recently choosing to move its headquarters to Vancouver. Duncan Wanblad, who will eventually head up the future ‘Anglo Teck’ entity should the deal be green lit [...]
Funding fears and departures rock law firm behind £36bn BHP lawsuit September 11, 2025 The firm behind the multi-billion-pound lawsuit against mining giant BHP is currently experiencing an exodus of key lawyers, as fallout within the law firm continues to unfold. City-based law firm Pogust Goodhead, originally known as PGMBM before rebrand, is acting on one of the “most significant” group actions at the English High Court, representing over [...]
BHP profit hits five-year low amid weaker iron ore prices August 19, 2025 Profit at BHP has slumped to a five-year low as lower iron ore prices and economic turbulence have hit the mining giant. The firm posted underlying attributable profit of $10.2bn (£7.6bn) in the year to June, a decline of 26 per cent compared to last year and the lowest since the start of the pandemic [...]
Rio Tinto hunts for dealmaking chief July 8, 2025 The news that Rio Tinto is seeking a dealmaking specialist as its new chief executive has reignited speculation about its deal-making abilities as it tries to draw a line under past mistakes in the mining industry. Chair Dominic Barton is reportedly seeking someone capable of delivering large-scale acquisitions while cutting costs and increasing productivity —a rare [...]
Valterra Platinum: Shares rise on London debut after Anglo American demerger June 2, 2025 Shares in Valterra Platinum rose on Monday in a positive start to the mining company’s London debut following its $11bn demerger from Anglo American. The secondary London listing, in which shares nudged up 1.8 per cent at the end of the first day’s trading, follows an earlier primary listing in Johannesburg. Valterra’s London-listed shares have [...]
Rio Tinto shareholders reject move to ditch primary London listing May 1, 2025 Rio Tinto will keep its primary London listing after the mining giant’s shareholders voted comprehensively to reject an activist investor’s push for the firm to abandon its current dual-listed structure. More than eight in 10 shareholders voted against the motion proposed by London-based Palliser Capital, which called for a review into whether the miner should [...]
BHP: Mining giant hit by lower iron ore prices February 18, 2025 Mining giant BHP has reported a jump in profit for the half-year ended 31 December 2024, despite a drop in revenue due to lower iron ore prices. Attributable profit surged to $4.4bn (£3.5bn), up 376 per cent from $0.9bn in the previous half-year. Underlying attributable profit, however, fell 23 per cent to $5.1bn due to [...]
BHP: Mining giant which quit FTSE appoints former RBS chief as chair February 12, 2025 Mining group BHP has announced the appointment of former RBS chief Ross McEwan as chair, following the retirement of incumbent Ken Mackenzie at the end of March. Stepping into this role, McEwan will oversee the selection of the mining giant’s next chief executive, as reported by Reuters. He will also consider renewing the firm’s plans [...]
Ex-Brazil envoy slams London Mariana dam lawsuit as ‘undermining justice’ December 20, 2024 Brazil’s former Ambassador to the UK has condemned the ongoing legal battle over the BHP disaster in the London High Court
BHP nears £24bn settlement in Brazil for Samarco dam disaster October 21, 2024 Miners BHP and Vale are negotiating a possible settlement worth roughly $31.7bn (£24.32bn) with Brazilian authorities over a 2015 dam failure that is considered one of the country's worst environmental disasters.