|
|
BHP - all-cash offer for Noront
BHP Lonsdale Investments (Pty) Ltd. (BHP Lonsdale), a wholly-owned subsidiary of BHP Group Ltd., announced that BHP Western Mining Resources International (Pty) Ltd. (BHP WMR), a wholly- owned subsidiary of BHP Lonsdale, has made a recommended all-cash offer to acquire all of the issued and outstanding common shares of Noront Resources Ltd. (Noront) for CAD0.55 per share in cash.
BHP Lonsdale, BHP WMR and Noront have entered into a definitive support agreement, whereby Noront has agreed to, among other things, support the takeover-bid by BHP WMR.
Noront is a Canadian based mining company, listed on the TSX Venture Exchange. It is focused on the development of its high-grade Eagle’s Nest nickel, copper, platinum and palladium deposit and chromite deposits including Blackbird, Black Thor, and Big Daddy, all of which are located in the James Bay Lowlands of Ontario in an emerging metals district known as the Ring of Fire.
|
|
Click here for original article
|
| |
BHP Group plc - Notification and public disclosure
BHP Group plc - Notification and public disclosure of transactions by PDMR
SENS Announcement Classification:
1. Dealings
2. by Executive Committee
|
|
Click here for original article
|
| |
BHP - operational review
BHP released an operational review for the year ended 30 June 2021.
Highlights
- Record production was achieved at Western Australia Iron Ore (WAIO) and Goonyella. Olympic Dam achieved both the highest annual copper production since the acquisition by BHP in 2005 and the highest gold production ever for the operation. Escondida maintained average concentrator throughput at record levels despite a challenging operating environment in Chile as a result of impacts from COVID-19.
- Petroleum production for the 2021 financial year was slightly above guidance. Full year production guidance for copper, iron ore, metallurgical coal and nickel were delivered, as was revised guidance for energy coal.
- Full year unit cost guidance/(1)/ expected to be achieved for WAIO, Escondida and Queensland Coal (based on exchange rates of AUD/USD 0.70 and USD/CLP 769). Petroleum unit costs are expected to be slightly better than guidance. New South Wales Energy Coal (NSWEC) unit costs are expected to be marginally above guidance.
- During the year, we successfully achieved first production at four major development projects, all of which were delivered on or ahead of schedule and on budget. The South Flank iron ore project in Western Australia and the Ruby oil and gas project in Trinidad and Tobago both achieved first production in May 2021. The Atlantis Phase 3 petroleum project and the Spence Growth Option copper project achieved first production in the first half of the 2021 financial year.
- In exploration, we have continued to add to our early stage options in future facing commodities throughout the year, with the signing of an agreement for a nickel exploration alliance in Canada and of a farm-in agreement for the Elliott copper project in Australia. At Oak Dam in South Australia, next stage resource definition drilling to inform future design commenced in May 2021.
|
|
Click here for original article
|
| |
BHP - company secretary changes
Prakash Kakkad has been appointed a company secretary of BHP Group Ltd. and BHP Group Plc, and John-Paul Santamaria has been appointed a company secretary of BHP Group Ltd., effective 7 July 2021.
Geof Stapledon has resigned as a company secretary of BHP Group Ltd. and BHP Group Plc, also effective 7 July 2021, following his appointment as BHP’s Group ESG Officer.
Stefanie Wilkinson remains a company secretary of BHP Group Ltd. and BHP Group Plc.
|
|
Click here for original article
|
| |
| |
|
| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
| |
|
|
