BHP Converts Antamina Silver Stream Into Capital For Copper Focus
BHP Group (ASX:BHP) has agreed to sell a significant portion of future silver production from the Antamina Mine in Peru to Wheaton Precious Metals. The long term silver streaming deal relates to silver output from Antamina, one of the world’s major copper and zinc operations. The agreement is intended to free up capital tied to a non core by product and redirect it within BHP’s broader portfolio. BHP Group, trading at A$50.36, sits in the large cap end of the resources sector with returns...
BHP Group (ASX:BHP) has agreed to sell a significant portion of future silver production from the Antamina Mine in Peru to Wheaton Precious Metals. The long term silver streaming deal relates to silver output from Antamina, one of the world’s major copper and zinc operations. The agreement is intended to free up capital tied to a non core by product and redirect it within BHP’s broader portfolio. BHP Group, trading at A$50.36, sits in the large cap end of the resources sector with returns...