BHP Group Limited (BHP) Company Overview

Anglo American is selling off its De Beers and PGM businesses to concentrate on copper and iron ore, which could make it more appealing for a possible bid from BHP. The company is also getting rid of its Nickel and metallurgical coal operations, anticipating major cost savings and improved efficiency from these changes. De Beers seems less appealing because of ongoing challenges and its ties to luxury markets, which are struggling due to China's financial adjustments, despite some signs of recovery in the luxury industry.

The report offers information about the company's technology efforts, such as its strategies for digital transformation, innovation programs, and various technology projects. It highlights the company's activities in these areas. Overall, it gives a clear view of how the company is advancing in technology.

On Monday, Anglo American PLC's shares dropped by almost 6% after news that BHP Group Ltd decided not to make another offer for the mining company. The Financial Times reported that a 40% increase in Anglo's share price over the last year made the Australian company hesitant.

BHP has announced that it produced about 131 million tons of iron ore in the first half of 2025. The company anticipates that its total production for the fiscal year 2025 will be between 255 million tons and 265.5 million tons.

A new Typhoon™ unit designed for the Exploration Alliance is starting its first survey in Phoenix, Arizona. Ivanhoe Electric's Executive Chairman Robert Friedland and CEO Taylor Melvin shared updates on the BHP Exploration Alliance's work in the Southwest U.S. Friedland noted that the Basin and Range area is still a very promising region for porphyry exploration.

Orogen Royalties Inc. has been chosen to take part in BHP's 2025 Xplor program for exploration in western North America. Out of many applicants, Orogen is one of eight companies selected, which will allow them to explore new areas and benefit from BHP's expertise and connections. The partnership includes a grant of about US$500,000 and support from BHP, helping both companies to develop geological ideas and enhance exploration efforts.

Bryn Talkington, the managing partner at Requisite Capital Management, appears on CNBC's "Halftime Report" to share the latest news about her investment portfolio.

On December 24, 2024, BHP, PLOW, and HLIO were included in the Zacks Rank #5 (Strong Sell) List.

G Mining Ventures Corp (TSX:GMIN, OTCQX:GMINF) announced on Friday that it has finished acquiring land in Brazil's Gurupi Gold Belt from BHP Group's subsidiaries. This agreement allows G Mining to fully own the CentroGold Project, which is an important asset with large gold reserves and opportunities for growth.