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How BHP, Newcrest may lose their copper prize to a scrappy crew of minnows

How BHP, Newcrest may lose their copper prize to a scrappy crew of minnows

After six years of patiently playing the politics at SolGold, Newcrest and BHP might have a prized copper asset sold from under their nose.

Peter KerResources reporter
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The baseball bat in Bob Sangha’s Toronto office is a monument to his favourite pastime of “taking down” big mining companies in acquisition battles, and he’s itching to take a swing at BHP and Newcrest.

“They are about to enter a scrap with guys like me and bring it on,” says Sangha about the fight for control of turbulent copper explorer SolGold.

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Peter Ker
Peter KerResources reporterPeter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com

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Original URL: https://www.afr.com/companies/mining/how-bhp-newcrest-may-lose-their-copper-prize-to-a-scrappy-crew-of-minnows-20221114-p5bxxy