Finance > Capital-markets

BHP left on hold

Diverse mining giant BHP (LN:BLT) has been kept at ‘hold’ status after an analyst site visit to its Olympic Dam copper mine in Australia last week.

Finance > Capital-markets

BHP left on hold

Diverse mining giant BHP (LN:BLT) has been kept at ‘hold’ status after an analyst site visit to its Olympic Dam copper mine in Australia last week.

BHP left on hold

BHP's Olympic Dam: incredible geologically, challenging economically

Jefferies equity analyst Christopher LaFemina and equity associate Timothy Ward said in a note that, while Olympic Dam was improving, there were still challenges ahead,  including downstream processing. This would likely limit returns on investment.