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The World's Top Miner Abandoned Its Proposed Megadeal. Here's What Could Be Next for BHP
By Rhiannon Hoyle BHP Group thought it could buy its way to becoming the world's top copper producer. Now, it may need to expand or build its own mines to get there, a potentially fraught journey give
BHP Seeks Extension For Takeover; GoldMining Begins São Jorge Drilling; Ivanhoe Electric Advances Copper Project And More: Wednesday's Top Mining Stories
Top Stories for May 29, 2024:1. BHP (NYSE:BHP) requested more time beyond today's 4:00 p.m. GMT deadline to finalize its $50 billion takeover bid for Anglo American (OTC:AAUKF). After a previous exten
Stocks in Play: Ivanhoe Electric Inc.
Ivanhoe Electric Advances Santa Cruz Copper Study
Ivanhoe Electric Announces Selection of Fluor Enterprises Inc. as the Principal Lead for the Santa Cruz Copper Project Preliminary Feasibility Study
Infill Drilling Program at the Santa Cruz Copper Project is Substantially Complete, with 185 Development Drill Holes Totaling 133,000 Meters Completed Since the December 2022 Mineral Resource Estimate
Huge auctions and copper prices breaking 10,000 reveal the industry's biggest problem: mining companies are seriously underinvested
Copper prices are likely to rebound to unprecedented levels in the next few years.
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