Advertisement
UK markets close in 4 hours 43 minutes
  • FTSE 100

    8,066.56
    +42.69 (+0.53%)
     
  • FTSE 250

    19,726.02
    +126.63 (+0.65%)
     
  • AIM

    753.53
    +4.35 (+0.58%)
     
  • GBP/EUR

    1.1587
    -0.0001 (-0.01%)
     
  • GBP/USD

    1.2349
    -0.0001 (-0.01%)
     
  • Bitcoin GBP

    53,688.84
    +202.13 (+0.38%)
     
  • CMC Crypto 200

    1,422.03
    +7.27 (+0.51%)
     
  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     
  • DOW

    38,239.98
    +253.58 (+0.67%)
     
  • CRUDE OIL

    81.75
    -0.15 (-0.18%)
     
  • GOLD FUTURES

    2,315.70
    -30.70 (-1.31%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     
  • DAX

    18,041.19
    +180.39 (+1.01%)
     
  • CAC 40

    8,088.09
    +47.73 (+0.59%)
     

BHP to lift stake in Ecuador copper project to 14.7%

A BHP executive is silhouetted against a screen projecting the company's logo.

(Reuters) - BHP Group <BHP.AX> will pay 17.1 million pounds to raise its stake in SolGold Plc <SOLG.L>, the majority owner of a key Cascabel copper-gold project in Ecuador, to 14.7% from 11.1% currently, it said on Monday.

The world's biggest miner will buy 77 million new shares in SolGold for 22.15 pence a share.

(Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Jan Harvey)