Marco Investment Management LLC lowered its holdings in BHP Group Limited (NYSE:BHP – Free Report) by 0.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,564 shares of the mining company’s stock after selling 300 shares during the period. Marco Investment […]
BHP, the world s largest mining company, offered $39 billion last week to buy Anglo, a move the London-listed miner that grew out of South Africa rejected as "significantly" undervalued.
Analyst says mergers and acquisitions in the copper industry make sense given growing demand for metals used in low-carbon energy sources and the challenge in building new copper mines