🇿🇦 South Africa
Aug 18, 2026
BHP's best numbers in years comes with a $2.3 billion asterisk
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BHP, the mining giant with deep South African roots, has posted record profits driven by copper rather than iron ore. Underlying EBITDA rose 27% to $32.9 billion, and shareholders received a record $115 billion over the past decade. But there are costs too: a $2.3 billion writedown on an unfinished Canadian potash project, and ongoing payments linked to Brazil's 2015 Samarco dam disaster. These numbers belong to outgoing CEO Mike Henry. His successor, South African-born Brandon Craig, now inheri
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