Money of Mine The Largest Undeveloped Project Acquisition in Decades
It’s all happening in the mining world.
Another c. $2B of Fortescue (FMG) stock traded hands this morning, with fingers pointing at Capital Group again.
BHP & Lundin Mining (LUN.TO) are teaming up to take out Filo (FIL.TO), share ownership of Josemaria and take their copper books to the next level.
IGO shared their Q4 results and an outlook to FY25, as did Perseus (PRU), while MAC and SFR provided some new copper intercepts to the market.
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(0:00:00)Introduction
(0:01:31)$2b of FMG changes hands
(0:11:05)BHP + Lundin go BIG
(0:27:20)IGO outlook gets darker
(0:41:10)MAC & SFR hit copper
(0:45:59)Perseus's slightly less fruitful Q