09 Mar Financial Review – BHP inks $40m earn-in deal with ASX-listed Cobre
Champagne corks are flying at ASX-listed Cobre, the copper-silver explorer chaired by Martin Holland.
The $26 million Cobre has signed an earn-in agreement with BHP Group, which will see the mining giant provide up to $US25 million ($40 million) in funding for exploration at Cobre’s Kitlanya East and West copper projects in Botswana. The deal is expected to be announced on Monday.
Article link: https://www.afr.com/street-talk/bhp-inks-40-million-earn-in-deal-with-asx-listed-cobre-20250309-p5li77