BHPB sells Alumbrera stake to Wheaton

BHP Billiton has followed Rio Tinto by selling its 25% stake in the Alumbrera copper-gold mine to Wheaton River Minerals for $180 million, making the Canadian company one of the largest gold producers in Northern America.

BHPB sells Alumbrera stake to Wheaton BHPB sells Alumbrera stake to Wheaton BHPB sells Alumbrera stake to Wheaton BHPB sells Alumbrera stake to Wheaton BHPB sells Alumbrera stake to Wheaton

Wheaton River is now a 50% stakeholder in the mine that produced almost 900,000 ounces of gold in 2002, with the other 50% belonging to Australia's MIM Holdings.

loader