BHP first-half 2019 profit drops on rising costs, missed savings
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(Reuters) - BHP Group, the world's biggest miner, on Tuesday reported a drop in first-half 2019 profit as a decline in copper earnings and a series of output disruptions boosted costs and resulted in missed opportunities for cost savings.BHP kicked off the reporting season for global majors and was expected to post slightly weaker results due to the outages at its Australian and Chilean operations.Declining ore quality at Escondida in Chile, the world's largest copper mine, led to higher costs..