Rio Tinto faces shareholder revolt over chief exec’s 70 per cent pay hike April 2, 2023 Rio Tinto is reportedly set to face down a shareholder revolt at the mining giant’s annual general meeting this Thursday after the firm raised it’s chief executive’s pay by 70 per cent. Danish chief executive, Jakob Stausholm, took home £4.8 million in 2022, up from £2.8 million in 2021. According to a report in the Mail [...]
Rio Tinto rocked by weaker commodity prices as it reports steep downturn in profits February 22, 2023 Higher energy costs, inflation, and downward pressure on commodity prices has weighed on profits at multinational miner Rio Tinto.
BHP profits dive £2.6bn as world’s largest miner falls victim to China’s pandemic restrictions February 21, 2023 BHP has suffered a heavy decline in profits, following pandemic restrictions in China and reduced demand for iron ore.
Woodside Energy books £3.6bn depreciation expense February 14, 2023 Australia's Woodside Energy Group will book a nearly £3.6bn expense this year, after changes in its asset depreciation calculation.
Why the Twisted Defender is the Land Rover we really need January 8, 2023 In 2016, after 67 continuous years of production, Land Rover ceased production of its iconic Defender causing CAMRA members to wail into their beer as though they’d lost a childhood pet. Men with beards and rubber shoes will tell you the car’s likeness should have gone straight onto a banknote. Land Rover recently launched a [...]
The West faces copper crisis as China dominates key markets November 7, 2022 The West has fallen behind rivals such as China in the race to secure copper supplies, warns a leading expert.
Booming oil and gas prices power Woodside Energy to record revenues October 20, 2022 Woodside is revelling in record revenues, powered by firmer energy prices and its merger with BHP Group's petroleum assets.
Miner success: BHP and Antofagasta post bullish trading updates October 19, 2022 Two FTSE 100 mining groups groups have posted bullish production updates, despite challenging headwinds.
BHP trumps rivals with robust iron ore production October 19, 2022 BHP has reported a robust increase in production across the board, navigating the challenging headwinds of Chinese lockdowns.
Woodside hands out £1.79bn to shareholders after five-fold rise in profits August 30, 2022 Woodside has handed out over $2bn to shareholders following a five-fold increase in profits for the first six months of trading this year.