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G Mining Ventures completes acquisition of CentroGold project from BHP
Proactiveinvestors NA· 2024-12-20 15:43
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
G Mining Ventures Provides Corporate Update
Prnewswire· 2024-12-20 14:39
Closes acquisition of 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 Accretive transaction adds to GMIN's project pipeline with no upfront cost Appointment of Vincent Benoit, Managing Partne ...
New Strong Sell Stocks for December 20th
ZACKS· 2024-12-20 14:16
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:ICON (ICLR) is a provider of outsourced development and services to pharmaceutical, biotechnology, medical device and government and public health organizations. The Zacks Consensus Estimate for its current year earnings has been revised 7.3% downward over the last 60 days.BHP Group Limited (BHP) is one of the world's largest diversified resource companies with operations across several continents. The Zacks Consensus Estimate for its ...
Mundoro Announces New Targets for Drill Testing on BHP-Mundoro Project in Timok, Serbia
Newsfile· 2024-10-30 10:00
. . . Mundoro Announces New Targets for Drill Testing on BHP-Mundoro Project in Timok, Serbia October 30, 2024 6:00 AM EDT | Source: Mundoro Capital Inc. Vancouver, British Columbia--(Newsfile Corp. - October 30, 2024) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) (www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce that its exploration campaign on the Trstenik project, in which BHP Exploration is earning an interest and providing sole funding, has advanced five prospective porphyry exp ...
BHP Group: Dividend Play With Long-Term Upside
Seeking Alpha· 2024-10-24 10:52
Editor's note: Seeking Alpha is proud to welcome OBA Advisors as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access.OBA Advisors provides corporate services for (a) overseas entrepreneurs doing business in Hong Kong-GBA and (b) GBA entrepreneurs doing business in ASEAN countries. The firm is a proprietary concern and manages its own investment. The principa ...
BHP Q1 Iron Ore Production Rises 2% Y/Y, Copper Increases 4%
ZACKS· 2024-10-17 17:31
BHP Group (BHP) announced that its iron ore production rose 2% year over year to 64.6 Mt in the first quarter of fiscal 2025 (ended Sept. 30, 2024). This was attributed to an increase in production at Western Australia Iron Ore (WAIO) following the commissioning of the Port Debottlenecking Project and completion of the South Flank ramp-up. Iron ore production at Samarco increased 4% in the quarter due to the early resumption of Pelletizing Plant No. 4. BHP's iron ore production guidance for fiscal 2025 rema ...
Endeavour Announces the Appointment of Sonia Scarselli as Executive Vice President of Exploration
GlobeNewswire News Room· 2024-10-01 06:00
ENDEAVOUR ANNOUNCES THE APPOINTMENT OF SONIA SCARSELLI AS EXECUTIVE VICE PRESIDENT OF EXPLORATION London, 1 October 2024 – Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) ("Endeavour" or the "Company") is very pleased to announce the appointment of Sonia Scarselli as Executive Vice President ("EVP") Exploration with effect from December 2024. Sonia will join Endeavour from BHP where she was Vice President ("VP") of BHP Exploration and BHP Xplor, leading the global exploration programme and the explorat ...
BHP to Test CAT's Groundbreaking Energy Transfer System at Its Mines
ZACKS· 2024-09-27 17:55
BHP Group (BHP) has announced that it plans to trial Caterpillar Inc.'s (CAT) recently launched Cat Dynamic Energy Transfer (DET) at its mining site. Caterpillar's cutting-edge solution is engineered to transfer energy to large mining trucks (both diesel-electric and battery-electric) while they operate on site. The trials are the result of more than two years of collaboration between BHP and Caterpillar to find sustainable and viable energy transfer solutions. The trials include validating the solution in ...
BHP's Copper Growth Plans Under Review by South Australian Government
ZACKS· 2024-09-03 17:51
Core Viewpoint - BHP Group is significantly expanding its copper production capabilities in South Australia, with plans to increase output from 322,000 tons in fiscal 2024 to over 500,000 tons by the early 2030s, and potentially reaching 650,000 tons by the mid-2030s [1][3]. Group 1: Expansion Plans and Production Goals - The South Australian government has initiated an assessment of BHP's planned Smelter and Refinery expansion (SRE) at Olympic Dam, which will be executed in two phases [1]. - A final investment decision on phase one of the SRE plan is scheduled for the first half of fiscal 2027, with the project expected to unlock around $1.5 billion in synergies [3]. - BHP's copper output rose 9% year over year to 1,865 kt in fiscal 2024, the highest in 15 years, driven by improved production at Spence and Carrapateena [6]. Group 2: Recent Acquisitions and Developments - Following the acquisition of OZL in May 2023, BHP established the Copper South Australia province, adding Prominent Hill and Carrapateena to its portfolio [2]. - At Oak Dam, BHP reported an Inferred Mineral Resource of 1.34 billion tons at a copper grade of 0.66% [4]. - BHP is investing in processing plant capacity at Carrapateena to boost throughput from the sub-level cave to 7 Mtpa, with plans to increase it up to 12 Mtpa [5]. Group 3: Future-Facing Commodities Strategy - BHP plans to allocate around 65% of its medium-term capital to future-facing commodities, such as copper and nickel, which are essential for the green energy transition [7]. - The company has also agreed to acquire a 50% interest in the Filo del Sol and Josemaria copper projects in Argentina to strengthen its copper resource position [7]. - In addition to South Australia, BHP has a pipeline of copper projects under development in Chile, with final investment decisions planned from fiscal 2026 to 2029 [8]. Group 4: North American Projects - BHP holds a 45% interest in the Resolution Copper Project in the United States, which is one of the largest undeveloped copper projects globally and has significant production potential [9].
Sandvik wins SEK 1.9 billion order from BHP for the Jansen Potash Project
Prnewswire· 2024-09-03 13:11
STOCKHOLM, Sept. 3, 2024 /PRNewswire/ -- Sandvik has been awarded a major contract from BHP to the Jansen Potash Project, located in Saskatchewan, Canada. The contract, which includes potash continuous mining systems, is valued at approximately SEK 1.9 billion. An order value of approximately SEK 500 million will be reported in the third quarter 2024, and approximately SEK 400 million in each of the second and third quarter 2025. The remaining order value is estimated to be booked in the second quarter 2026 ...