BHP to sell Cerro Colorado copper mine to EMR Capital

BHP has agreed to sell its Cerro Colorado copper mine to Australian private equity fund EMR Capital for an initial $230 million in cash, the company said on Tuesday June 19.

EMR will pay $230 million in cash to BHP plus approximately $40 million after selling a portion of Cerro Colorado’s copper inventory and another $50 million dependent on copper...

Published

Archie Hunter

June 19, 2018

14:43 GMT

London