Cobre Ltd. is pleased to announce that CBE, and certain wholly owned subsidiaries , have executed an Earn-In Agreement with a wholly owned subsidiary of BHP Group Ltd. under which BHP will provide up to US$25 million for exploration expenditure for Cobre's Kitlanya East and Kitlanya West Copper Projects and be granted the right to earn a 75% interest in the Kitlanya Projects, located on the northern and southern basin [...]
BHP and Carlton Trail College are pleased to announce the launch of BHP Potash Academy and its inaugural cohort of trainees. The first intake of 13 trainees is already participating in on-site orientation at the Jansen mine site this week and will hit the classroom at BHP Potash Academy at Carlton Trail College in Humboldt, Saskatchewan, on January 20. This eight-month paid traineeship is designed to equip those new to [...]
Cobre Ltd. is pleased to announce that it has executed a letter of intent to negotiate exclusively with a wholly owned subsidiary of BHP Group Ltd. for a material earn-in joint venture agreement over Cobre's Kitlanya West and East Copper Projects , located on the northern and southern basin margins of the Kalahari Copper Belt in Botswana . The Proposed Transaction follows on from Cobre's successful participation in the [...]
GMIN to acquire the CentroGold Project in Brazil's prospective Gurupi Gold Belt from BHP CentroGold contains 1.7 million ounces of indicated and 0.6 million ounces of inferred JORC-compliant gold resource that is open for expansion in all directions and at depth District-scale land package comprises 47 tenements covering ~1,900 km2 and offers potential for multiple new discoveries CentroGold to provide long-term growth [...]
BHP Xplor, the six-month accelerator program aimed at revolutionizing critical mineral exploration, has officially opened applications for the 2025 cohort. Following the success of the 2023 and 2024 cohorts, BHP Xplor is excited to invite early-stage explorers to join its next chapter. Once again, the program is seeking visionary teams focused on uncovering new sources of critical minerals crucial for a sustainable [...]
The Regina Food Bank and BHP are pleased to announce a partnership to ensure the financial sustainability and programming impact of the recently created BMO ASAHTOWIKAMIK Food Hub. Through the partnership BHP will invest $350,000, designating BHP as the reconciliation partner. Funds will go towards the food sovereignty programme and a mural in the Food Hub created by local Indigenous artist Chantel Yuzicappi, from [...]
BHP and Lundin Mining Corp. have agreed to jointly acquire 100% of Filo Corp., a Toronto Stock Exchange listed company, through a Canadian plan of arrangement . Filo Corp. owns 100% of the Filo del Sol copper project. BHP and Lundin Mining have also agreed to form a 50/50 joint venture to hold the FDS and Josemaria projects located in the Vicuña district of Argentina and Chile . Lundin Mining owns 100% of the Josemaria [...]
Lundin Mining and BHP have entered into a definitive agreement with Filo Corp. to jointly acquire 100% of Filo's issued and outstanding common shares not already owned by Lundin Mining and BHP pursuant to a court-approved plan of arrangement . Under the terms of the Arrangement Agreement the offer implies a value of C$33.00 per Filo Share, representing a premium of 32.2% to Filo's unaffected 30-day volume weighted average [...]
The project will allow the mining company to advance BHP's global target of net zero operating greenhouse gas emissions by 2050. It considers an investment of approximately US$ 250 million for the installation of infrastructure that will electrically assist the movement of extraction trucks, in areas where the highest fuel consumption currently takes place. SANTIAGO, Chile, July 03, 2024 -- Escondida | BHP submitted an [...]
Royal University Hospital Foundation and BHP are pleased to announce a $1 million donation from BHP that will transform the way the most utilized diagnostic procedure - X-ray imaging -- is done at Royal University Hospital . BHP's donation to Royal University Hospital Foundation to fund new state-of-the-art digital technology for RUH's two busiest X-ray suites will replace outdated computer and lengthier cassette-based [...]
In an industry first, BHP and Rio Tinto will collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Australia, to accelerate the potential for its future deployment. The two companies will work with manufacturers Caterpillar and Komatsu to conduct independent trials of their battery-electric haul trucks, including testing of battery, static and dynamic charging systems, to [...]
ArcelorMittal and partners Mitsubishi Heavy Industries, Ltd. , BHP, along with Mitsubishi Development Pty Ltd have successfully started operating a pilot carbon capture unit on the blast furnace off-gas at ArcelorMittal Gent in Belgium. The pilot carbon capture unit will operate for one to two years at Gent, to test the feasibility of progress to full-scale deployment of the technology, which would be able to capture a [...]