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Market Chatter: BHP Group Seeking Buyer for Gold, Copper Mines in Brazil
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Market Chatter: BHP Group Seeking Buyer for Gold, Copper Mines in Brazil
Aug 7, 2024 10:53 AM

01:33 PM EDT, 08/07/2024 (MT Newswires) -- BHP Group ( BHP ) is looking to sell the Brazilian copper and gold assets it acquired through its acquisition of Oz Minerals, Bloomberg reported Wednesday, citing people familiar with the matter.

The mining company has enlisted Banco Santander (SAN) to advise in talks over a potential sale after it completed a strategic review of the assets, the people reportedly told Bloomberg.

Neither BHP nor Santander immediately replied to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 53.24, Change: -0.28, Percent Change: -0.52

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