BHP Achieves Strong Operational Results for FY23, Focuses on Safety and Growth — ASX:BHP| ASX Mining News & Discussion
Lykeshares Official
$BHP BHP Achieves Strong Operational Results for FY23, Focuses on Safety and Growth

BHP, one of the world's largest mining companies, has released its operational review for the year ended 30 June 2023, showcasing a year of achievements and challenges. While the company faced tragic fatalities, it remained committed to safety and saw strong production results across its key commodities.

The review highlights several key accomplishments for BHP. Full-year production guidance was achieved for copper, iron ore, metallurgical coal, and energy coal, with nickel meeting revised guidance. Annual production records were set at Western Australia Iron Ore (WAIO), Spence, Olympic Dam (in copper and refined gold). Additionally, BHP's unit cost guidance was expected to be achieved at Escondida, WAIO, and New South Wales Energy Coal (NSWEC), while BHP Mitsubishi Alliance (BMA) slightly exceeded its revised guidance range.

Despite facing pricing challenges, with lower average realised prices for copper, iron ore, and metallurgical coal compared to the previous year, BHP made significant progress. The company completed ...
BHP Achieves Strong Operational Results for FY23, Focuses on Safety and Growth

Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience.

Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?