BHP lifted its FY26 dividend 56% to US$1.72 per share on the back of higher copper prices and stronger earnings. CMC Invest forecasts the FY27 annual dividend could fall to $2.07 per share, pointing to a marked reduction for Australian investors. Based on that projection, a $15,000 investment would buy 246 shares and generate $509.22 in dividends, or $727.46 including franking credits.

Woodside Energy reported FY26 operating revenue rose 13% to US$7.4 billion, while underlying NPAT increased 7% to $1.3 billion and free cash flow jumped 159% to $352 million. The company said a 20% lift in average realised prices to US$74 per barrel of oil equivalent partly offset a 13% drop in production to 86.5 million barrels of oil equivalent. Woodside also updated progress on key developments, with Scarborough 98% complete, Trion 64% and Louisiana LNG 28% complete. CommSec forecasts FY26 EPS of $2.184 and projects FY28 EPS could fall 5% to $2.52, according to its estimates.

Macquarie analysts said Nickel Industries lifted first-half revenue 13.1% year-on-year to US$938.4 million, while net profit jumped 365.8% to US$52.5 million. The company’s ENC project has been disrupted by water-supply constraints, but it ramped to about 50% of nameplate capacity early in commissioning. At the Hengjaya mine, August nickel sales hit a record 1.6 million tonnes. Based on combined adjusted EBITDA of about US$90 million for July and August, Macquarie said the shares look undervalued and pointed to 57% potential upside.

CSL shares have rebounded about 31% over the past month to A$176.50, but the A$159.86 average target price implies around 8% downside. The company reported FY26 revenue of US$15.8 billion and NPAT of US$2.6 billion, while also booking a net loss after tax of US$2.6 billion driven by impairments and restructuring costs. Management described FY26 as a “reset year” and said FY27 should mark a return to growth, while adjusted EBITDA rose 146% year on year to US$52 million.

Australian mining billionaire Gina Rinehart, via Hancock Prospecting, invested $8.7 million in a private placement to take about 13.5% of copper explorer White Cliff Minerals. After the announcement, White Cliff shares rose more than 20% intraday, valuing the company at $56.2 million. The company had previously reported a 23-metre drill intersection grading 6.18% copper in early September, with the high-grade zone still requiring further exploration.

Telix Pharmaceuticals said its brain tumour imaging agent Pixclara has received approval from the U.S. Food and Drug Administration, sending the stock up more than 5% on Monday. RBC estimates the U.S. annual market opportunity for the product’s current indication at US$140 million to US$160 million. The broker values the indication at $0.56 to $0.62 per share under different penetration assumptions, citing about 24,000 newly diagnosed glioma cases each year in the United States.

ASX 200 energy shares rose 2.39% last week, bucking a 2.94% drop in the broader market to a 10-week low. Brent and WTI crude both jumped 12%, topping US$108 and US$103, while UK, German and broader European gas prices also climbed sharply. Concerns that shipping through the Strait of Hormuz could be disrupted — affecting about 20% of global oil and gas transport — helped fuel the surge in energy prices.

Copper miners led declines on the Australian Securities Exchange on Friday as investors questioned whether the United States will move ahead with tariffs on the metal. Develop Global, Capstone Copper and Sandfire Resources posted the steepest falls, while BHP and Rio Tinto also traded lower. Copper prices have risen about 15% year to date and recently hit record highs, helped in part by strong US import demand ahead of possible tariffs.

Rio Tinto shares have risen 53% over the past 12 months and are up 21% year to date. Copper futures have climbed to around US$6.8 per pound from about US$4.5 roughly 12 months ago, lifting underlying EBITDA in the company’s copper business 84% to US$5.7 billion and taking it to roughly 36% to 39% of group earnings. In the first half of FY26, Rio Tinto reported a 28% increase in underlying EBITDA while the ASX 200 was broadly flat over the same period.