The deal still awaits the crucial Newcrest shareholder vote, scheduled for Oct. 13.

New CEO Jack Lundin said the company is conducting risk analysis before finalizing strategic partners to help develop the Josemaria copper-gold mine.

Efforts to divest BHP’s interests in the Daunia and Blackwater sites in Queensland are ongoing.

For BHP to engage in a buyout, it would need to consider price, ease of jurisdiction, and opportunity to add value.

CEO Jonathan Price said the company is advancing a range of proposals with a range of counterparties.

Nordic Natural Resources Capital will take “sponsorship” stakes and invest in mining companies at development or construction phases of their projects.

Alejandro Rivera resigned as CFO a day after Codelco’s investment-grade credit rating was cut one notch by Moody’s.

Duncan Wanblad said on Thursday mining companies have to confront tough decisions such as cutting costs as weak metal prices hit earnings.