EXPLORATION & DEVELOPMENT

BHP in major farm-in deal

BHP has signed a non-binding letter of intent with Luminex Resources Corp for an earn-in and joint venture deal over ground in Ecuador.

 Luminex is active in Ecuador

Luminex is active in Ecuador

The agreement is over Luminex's early stage Tarqui 1 & 2 mining concessions in southern Ecuador's Morona Santiago province. BHP can earn a 51% stake in the ground by spending $25 million on exploration...

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