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BHP’s Copper Shift Spurs Royalty Move
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BHP’s copper shift spurs Royalty move
Image: Timon/Adobestock.comGold Royalty has launched a $US70 million raise tied to BHP’s Pedra Branca copper–gold mine in Brazil, underscoring BHP’s evolving strategy as it prepares to step away from the Carajás East portfolio. The financing comes through a bought-deal agreement with National Bank Capital Markets, BMO Capital Markets and RBC Capital Markets for 17.5 million shares at $US4 each, plus a 30-day over-allotment option worth up to $US…
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