A wholly-owned subsidiary of BHP Group Ltd. and Faraday Copper Corp. , have signed a non-binding letter of intent to explore a potential transaction whereby Faraday would acquire 100% of BHP's San Manuel property in Arizona, USA. In exchange, BHP would receive a 30% interest in the equity of Faraday, and commensurate shareholder and marketing rights. In addition, BHP has agreed to participate in any equity raise by [...]
BHP has selected 10 early-stage exploration and technology companies for the 2026 BHP Xplor program, marking the largest cohort since the program began and its fourth year of operation. The 2026 cohort brings together junior exploration companies, geoscience organisations, and technology teams that collectively span the discovery system. It reflects a more connected approach to early-stage exploration, where geological [...]
BHP Xplor, the nine-month accelerator program aimed at transforming the discovery of critical minerals, has officially opened applications for the 2026 cohort. Following the success of the 2023, 2024, and 2025 cohorts, BHP Xplor invites early-stage explorers to apply for its next intake. The program is looking for ambitious teams and individuals dedicated to uncovering new sources of critical minerals essential for a [...]
NetworkNewsWire Editorial Coverage For decades, mining has been defined by high-risk, high-capex exploration, where success hinges on one-in-a-thousand discoveries. Most juniors never reach production. Investors face dilution. Timelines stretch into decades. Most mining companies are uninvestable at scale because they are capital destroyers, cyclical and heavy capex, with high permitting and execution risk. [...]
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 [...]
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