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() -- BHP Group (BHP.L, BHG.JO) agreed to sell its San Manuel Copper property in Arizona, US, to Faraday Copper in exchange for a 30% equity interest in the buyer. The deal, expected to be completed in the quarter ending Sept. 30, will result in the mining giant holding a 32.5% stake in Faraday on a non-diluted basis.
() -- Materials stocks advanced 2.3% to lead gainers in midday trading on Friday, as prices for precious metals, including gold and copper, pushed higher. BHP Group (ASX:BHP) gained over 1% after striking a definitive deal to sell its San Manuel property in Arizona, US, to Faraday Copper in return for a 30% stake in Fa
() -- Australian shares are poised to rise on Friday, tracking gains on Wall Street, where the Dow Jones Industrial Average index reached another record high. Overnight, the Nasdaq Composite fell 0.8%, while the Dow Jones Industrial Average rose 1.1%, to set another record, reaching a fourth straight week of gains. Mea
() -- BHP Group (ASX:BHP) struck a definitive deal to sell its San Manuel property in Arizona, US, to Faraday Copper in return for a 30% stake in Faraday at closing on a fully diluted basis, the companies said in separate statements late Thursday. The property comprises the legacy San Manuel copper mine, including the