BHP Antamina Silver Stream Reshapes Funding Mix And Commodity Exposure
BHP Group (ASX:BHP), through a subsidiary, has completed a long term silver streaming agreement with Wheaton Precious Metals International. The deal covers BHP's share of silver production from the Antamina Mine in Peru. Wheaton is making an upfront cash payment of US$4.3b in exchange for a future share of silver output. For you as an investor, this move sits at the intersection of mining operations and financing choices. BHP Group is best known for large scale iron ore, copper and other...