BHP’s Record Silver Stream Signals A New Copper Centric Profit Story
BHP Group has agreed a US$4.3b silver streaming deal with Wheaton Precious Metals tied to one of its non core assets. The transaction is described as the largest streaming agreement in mining history. Recent results show copper has become the biggest contributor to BHP's group profit, ahead of iron ore, for the first time. For investors tracking ASX:BHP, these moves come with the stock trading around A$52.74 and showing a 34.3% return over the past year and 66.6% over five years. That...
BHP Group has agreed a US$4.3b silver streaming deal with Wheaton Precious Metals tied to one of its non core assets. The transaction is described as the largest streaming agreement in mining history. Recent results show copper has become the biggest contributor to BHP's group profit, ahead of iron ore, for the first time. For investors tracking ASX:BHP, these moves come with the stock trading around A$52.74 and showing a 34.3% return over the past year and 66.6% over five years. That...