5 key takeaways from the FY24 results of BHP
1. Copper will be where 'it is at' from hereon in
BHP's reputation has been made in iron ore, but copper will be its future. Iron ore is still a critical part of the business, generating 65% of the company's underlying earnings and thus underpinning its…
Copper Stocks
There are several economic indicators that impact stocks, both on the ASX and internationally. Whenever data is released, it can swing market indices in a particular direction, sometimes the opposite direction to where it had been heading earlier in the day. This is not only if the data changes from one period to another, but…
With the start of a new financial year, here are our best ASX Resources Stocks for FY25!
The 4 best ASX Resources Stocks for FY25
Metals Acquisition (ASX:MAC)
Let's start our list of best resources stocks with a copper miner – Metals Acquisition. This company is not just any copper miner, but one that owns one…
The stock market is always full of surprises, with BHP Group Limited (ASX: BHP) capturing plenty of attention lately. In May, the BHP stock climbed to $44.51, showing a commendable 3.4% increase from April. This growth outperformed the slight 0.5% rise in the broader S&P/ASX 200 Index (ASX: XJO), indicating a robust market confidence in…
Last week saw one of the biggest resources sector conferences of the year - the RIU Sydney Resources Round Up. Dozens of resources companies flew from across the country to present themselves before investors, industry professionals and their fellow ASX listees.
All of them sold hope to investors that they could stumble across the next major…
Last week marked a significant turning point for Cobre (ASX: CBE), an ASX-listed junior copper exploration company. In an astonishing development, Cobre's market valuation more than doubled in less than 30 minutes that morning, following a groundbreaking announcement that it was BHP's latest exploration partner. The company's share price skyrocketed by 112.2% to 8.7 cents…
Rio Tinto Ltd (ASX: RIO) has еxpеriеncеd a rollеr-coastеr ridе in its share price ovеr thе past yеar duе dynamic nature of thе commodities market. As an industry lеadеr in iron, coppеr, aluminium, lithium, and bauxitе, this company's pеrformancе is dееply intеrtwinеd with commodity pricеs.
Rio Tinto's divеrsе portfolio, spanning bauxitе, lithium, coppеr, aluminium, and iron,…
