BHP Group Limited (BHP) Stock

Big Oil with BHP Billiton came big with a massive dividend. Canadian Imperial, one of the big 6 Canadian banks, sent a massive $210 dividend my way. There are a few less names now in 2024 than 2023, such as MDU Resources and Haleon.

BHP Group said it was waiting to formally receive the court ruling on the 2015 Fundão tailings dam collapse in Brazil after media reports said a lower court has ruled that its unit and other firms are not criminally liable for the disaster.

BHP Group Ltd (LSE:BHP, ASX:BHP) has quickly backtracked on comments yesterday from its chairman that it had ‘moved on' from its failed bid for Anglo American. Most sources reported this as meaning it was no longer interested in making another bid for its mining peer, but apparently this is not the case.

BHP said that comments made by its chairman at Wednesday's annual general meeting did not mean the company rules out a renewed offer for Anglo American , months after its failed bid in May.

Anglo American PLC (LSE:AAL) was one of the biggest fallers on the FTSE 100 on Wednesday after headlines dashed hopes among some investors about a return bid from BHP Group Ltd (LSE:BHP, ASX:BHP). Former suitor BHP, which was rebuffed in its £34 billion bid in the spring, says it has "moved on" to focus on other growth opportunities.

Vancouver, British Columbia--(Newsfile Corp. - October 30, 2024) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) ( www.mundoro.com ) ("Mundoro" or the "Company") is pleased to announce that its exploration campaign on the Trstenik project, in which BHP Exploration is earning an interest and providing sole funding, has advanced five prospective porphyry exploration targets. Mundoro has submitted permit applications for drill locations across the five target areas, which we anticipate will be granted in Q4 2024.

BHP Group Ltd (LSE:BHP, ASX:BHP)has agreed a final settlement with the Brazilian government over the Samarco dam disaster in 2015. Owners Vale, BHP and Samarco will pay totalling 170bn Real (Brl) across three lines: Brl37bn already paid, Brl100bn (US$18bn) to government bodies over 20 years and Brl32bn (US$6bn) in performance obligations over the next 1-2 years.

BHP Group is a global mining giant with strong financial performance, offering a 5% dividend yield, making it attractive for income-focused investors. Copper and iron ore are BHP's primary revenue drivers, benefiting from clean energy expansion, AI adoption, and China's economic stimulus measures. Despite challenges in coal and nickel, BHP's profitability remains robust, with copper and iron ore contributing over 95% of earnings.

A hearing in a lawsuit against BHP over Brazil's worst environmental disaster, the 2015 collapse of the Mariana dam, will begin at London's High Court on Monday, with claimants seeking up to 36 billion pounds ($47 billion) in damages.