RE: 'BHP buys Solgold stake...5 Sep 2018 08:36
The BHP RNS is very informative on their future plans.
Extract from the RNS:
Copper Update - Agreement with Guyana Goldfields Inc
BHP has entered into an agreement with Guyana Goldfields Inc. (Guyana) to acquire its 6.1 per cent interest in SolGold Plc (SolGold), the majority owner and operator of the Cascabel porphyry copper-gold project in Ecuador.
BHP Chief Executive Officer, Andrew Mackenzie, said the investment in SolGold would give BHP exposure to a high quality copper exploration project in Ecuador, which is a highly prospective location for BHP.
"Consistent with our positive long-term outlook, copper is a key exploration focus for BHP as we seek to replenish our resource base and grow this important business."
DYOR and Good Luck all long termers.