According to the FT sources, the deal has become "too expensive" for BHP to pursue given the rise in Anglo American’s stock price in recent months.
This month, Viridian was chosen by BHP from hundreds of global applicants to participate in its 2025 Xplor accelerator program.
World’s biggest gold miner aims to build multi decade presence in Canadian province anchored by “sustainable and responsible mining practices”.
As most Canadian industry leaders have pointed out, the US depends on Canada for a host of minerals and supplies.