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Matthew Stevens

BHP ups the ante in Ecuador

BHP has acquired an emerging world of copper options in securing a platform stake in the wondrous oddity that is the London-listed, Brisbane-based copper explorer in Ecuador called SolGold.

But the one thing that is not going to happen here is that BHP will sit content with the 6.1 per cent stake that the Big Thinkers will formally acquire on Thursday from one of SolGold's senior Canadian owners, Guyana Goldfields.

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Matthew Stevens writes on business, specialising in mining, energy and opinion. Matthew is a senior business writer and columnist. Email Matthew at matthew.stevens@afr.com.au

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    Original URL: https://www.afr.com/companies/bhp-ups-the-ante-in-ecuador-20180905-h14zd1