The world's biggest miner by market capitalisation was one of the bigger risers in London yesterday, closing up 3.4% after announcing a record dividend, plans to exit petroleum, greenlighting Jansen and unify its corporate structure to a primary ASX listing.
Marex's Alastair Munro noted the stock had jumped 9% on the London open, making an all-time high.
However BHP, which is merging its oil and gas assets with Australia-based Woodside Petroleum, was down 5% in morning Australian trade.
Woodside was down 2.2%.
Elsewhere, iron ore managed its first gain in days, rising 0.3% to US$161 per tonne for 62% Australian fines, according to MySteel.
Gold was similar to this time yesterday, at $1,786/oz on the spot market.
Finally, junior Latin Metals (TSXV: LMS) was a standout in Toronto yesterday, up 32% after news this week it had discovered outcropping copper-molybdenum mineralisation at its Lacsha project in Peru.