financetom
Business
financetom
/
Business
/
Codelco, BHP agree on terms to explore 'Anillo' mining property
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Codelco, BHP agree on terms to explore 'Anillo' mining property
May 26, 2025 6:07 AM

SANTIAGO (Reuters) - Chilean state-run copper miner Codelco said on Monday that it had reached an agreement with BHP for the multinational firm to explore the "Anillo" mining property.

BHP will spend up to $40 million to explore the area, Codelco said in a statement. BHP could form a tie-up with Codelco to mine there if there is evidence of a favorable business case, Codelco added.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CNO Financial Q3 net income rises on insurance sales
CNO Financial Q3 net income rises on insurance sales
Nov 3, 2025
Overview * CNO Financial ( CNO ) Q3 net income rises to $23.1 mln from $9.3 mln in 3Q24 * Net operating income for Q3 increases to $127.2 mln from $119.2 mln in 3Q24 * Company executed reinsurance transaction with Bermuda affiliate, streamlining Worksite Division Outlook * CNO Financial ( CNO ) increases 2027 ROE target by 50 basis points...
Hydraulics maker Helios' Q3 sales rise 13% beating analyst expectations
Hydraulics maker Helios' Q3 sales rise 13% beating analyst expectations
Nov 3, 2025
Overview * Helios Q3 sales grow 13% yr/yr, beating analyst expectations * Adjusted EPS for Q3 beats consensus, reflecting improved operational performance * Company reduced debt by $64 mln, improving net debt-to-EBITDA leverage ratio Outlook * Helios anticipates FY25 adjusted EBITDA margin of 19.1%-19.4% Result Drivers * SALES GROWTH - Hydraulics segment sales increased 9% driven by mobile and agriculture...
Energy efficiency contractor Ameresco Q3 adjusted EBITDA beats estimates
Energy efficiency contractor Ameresco Q3 adjusted EBITDA beats estimates
Nov 3, 2025
Overview * Ameresco ( AMRC ) Q3 revenue rises 5% yr/yr to $526 mln, driven by energy infrastructure demand * Adjusted EBITDA for Q3 beats analyst expectations, growing 13% to $70.4 mln * Company reaffirms 2025 guidance, citing strong project backlog and long-term revenue visibility Outlook * Ameresco ( AMRC ) reaffirms 2025 revenue guidance of $1.85 bln to $1.95...
Ingersoll Rand Acquires Transvac Systems Ltd., Expanding Capabilities in Ejector Technology and Sustainable Engineered Solutions
Ingersoll Rand Acquires Transvac Systems Ltd., Expanding Capabilities in Ejector Technology and Sustainable Engineered Solutions
Nov 3, 2025
Adds proprietary ejector technology which broadens Ingersoll Rand’s product offerings and enhances the customer value proposition through the company’s packaged solution capabilitiesStrengthens the company’s position in high-growth, sustainability-focused markets including energy recovery, wastewater treatment, and desalination through industry leading solutionsDemonstrates Ingersoll Rand’s ability to partner with founder-led engineering companies to accelerate innovation and growth, while executing strategic bolt-on acquisitions at...
Copyright 2023-2026 - www.financetom.com All Rights Reserved