HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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BHP’s deal team is examining options and running models on rivals including Glencore and U.S. copper giant Freeport. Vale SA’s base-metal unit is also on its radar, the people said.

Yet it’s run into some challenges. The company was forced to take an embarrassing loss on its six-month pursuit of a Canadian nickel miner, after being outbid by Australian billionaire Andrew Forrest. BHP has also been dragged into internal squabbles at SolGold Plc during its years-long chase of the copper developer.

Read more at: https://www.bloombergquint.com/business/bhp-revives-appetite-for-deals-with-biggest-rivals-in-sights
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