BHP accused of delaying $6 billion-plus Brazil dam case
BHP Group accused of trying to "forever put off" the question of liability for a 2015 dam collapse that triggered Brazil's worst environmental disaster.
BHP Group accused of trying to "forever put off" the question of liability for a 2015 dam collapse that triggered Brazil's worst environmental disaster.
Lithium prices, expected to stay at record highs, have the world’s second-biggest miner actively looking for lithium acquisitions.
The financing package consists of a gold and silver streaming agreement with Sprott and an equity investment by Ccori Apu SAC.
Total consideration will be $7.5 million in common shares and cash.
The miner is said to be at the centre of a bidding war between Jiangxi, China’s largest copper miner on the one side, and a possible BHP-Newcrest alliance on the other.
The gold miners’ stocks are surging back, amplifying their metal’s gains in a strong mean-reversion rally.
Endeavour acquired the Pitarrilla project from SSR Mining in July 2022 for total consideration of $70 million and a 1.25% net smelter returns royalty.
The Valeria open pit metallurgical and thermal coal mine in Queensland would have been one of Australia’s largest.
Gold demand in Pakistan jumped 34% to 13 tons between July and September from a year earlier, according to data from the World Gold Council.
This financing follows up on a C$17 million private placement announced earlier in June.