https://newsletter.mw.creamermedia.com
Copper|Mining|PROJECT
Copper|Mining|PROJECT
copper|mining|project

Filo sets date for shareholder vote on BHP and Lundin buyout

4th September 2024

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

Toronto-listed Filo will convene a virtual meeting on September 26 to approve the acquisition by BHP and Lundin Mining.

The company says it has mailed and filed a management information circular and related meeting materials for the special meeting.  

In terms of the transaction, announced at the end of July,  BHP and Lundin Mining will jointly acquire Filo, which owns the Filo del Sol (FDS) project, for C$4.1-billion, or C$33 a share.

For BHP and Lundin, the acquisition forms part of a larger collaboration to develop an emerging copper district in the Vicuna belt of Argentina and Chile.

 The companies will create a joint venture, each contributing their respective 50% interests in FDS and the Josemaria project. BHP will acquire 50% of Josemaria from Lundin for $690-million.

Edited by Creamer Media Reporter

Comments

Showroom

Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 
Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (16/05/2025)
16th May 2025 By: Martin Creamer


A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
Magazine round up | 16 May 2025
16th May 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.098 0.171s - 129pq - 2rq
Subscribe Now