Best Investing Advice
  • Politics
  • Economy
  • Forex
  • Stock
  • Editor’s Pick
  • Politics
  • Economy
  • Forex
  • Stock
  • Editor’s Pick
No Result
View All Result
Best Investing Advice
No Result
View All Result

Cobre Secures $25M BHP Investment for Botswana Copper Exploration

admin by admin
March 13, 2025
in Editor's Pick
0
Cobre Secures $25M BHP Investment for Botswana Copper Exploration

Australian mining company Cobre (ASX:CBE) has secured a major investment from BHP, which has agreed to spend $25 million on exploration at Cobre’s Kitlanya projects in Botswana, in exchange for the right to acquire a 75 percent stake, according to a news report from Reuters.

This agreement follows Cobre’s participation in BHP’s Xplor program in January of the previous year, where Cobre received $500,000 to advance its Kalahari copper projects in Botswana.

Under the terms of the agreement, BHP will provide at least $5 million in funding to Cobre within two years from the commencement date, with an initial exploration budget of $7 million set to begin next month. Cobre’s CEO, Adam Woolridge, expressed optimism about the partnership, stating that the collaboration with BHP will enable a technology-driven exploration program aimed at discovering significant deposits in the Kitlanya East and West projects, the Reuters report said.

This strategic move underscores BHP’s commitment to expanding its presence in the African copper sector and leveraging advanced exploration techniques to identify potential high-grade copper deposits in Botswana’s Kalahari region.

Read the full report here.

Click here to connect with Cobre for an Investor Presentation

This post appeared first on investingnews.com

Previous Post

WPIC: Forecast Points to Continued Platinum Shortage in 2025

Next Post

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Next Post
Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Subscribe to InvestiStratix.com

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular News

    High Grade Results Continue in Sandstone Drilling

    High Grade Results Continue in Sandstone Drilling

    May 8, 2025
    Lundin Mining Declares Filo del Sol a “Generational” Discovery, One of the World’s Largest

    Lundin Mining Declares Filo del Sol a “Generational” Discovery, One of the World’s Largest

    May 8, 2025
    Crypto Market Recap: New Hampshire Launches First State Crypto Reserve, Trump Stirs Controversy

    Crypto Market Recap: New Hampshire Launches First State Crypto Reserve, Trump Stirs Controversy

    May 8, 2025
    SAGA Metals Extends Claims at the Radar Ti-V-Fe Project –Securing the Entire Titanomagnetite-Bearing Intrusion

    SAGA Metals Extends Claims at the Radar Ti-V-Fe Project –Securing the Entire Titanomagnetite-Bearing Intrusion

    May 8, 2025
    Group Eleven Intersects 12.0m of 2.30% Cu and 560 g/t Ag, Including 6.4m of 3.72% Cu and 838 g/t Ag, Demonstrating High-Grade Copper and Silver Potential at Ballywire

    Group Eleven Intersects 12.0m of 2.30% Cu and 560 g/t Ag, Including 6.4m of 3.72% Cu and 838 g/t Ag, Demonstrating High-Grade Copper and Silver Potential at Ballywire

    May 8, 2025

    Trending News

    High Grade Results Continue in Sandstone Drilling

    High Grade Results Continue in Sandstone Drilling

    May 8, 2025
    Lundin Mining Declares Filo del Sol a “Generational” Discovery, One of the World’s Largest

    Lundin Mining Declares Filo del Sol a “Generational” Discovery, One of the World’s Largest

    May 8, 2025

    About Us

    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 bestinvestingadvice.com | All Rights Reserved

    No Result
    View All Result
    • Politics
    • Economy
    • Forex
    • Stock
    • Editor’s Pick

    Copyright © 2025 bestinvestingadvice.com | All Rights Reserved