G Mining Ventures acquiring CentroGold Project from BHP in Brazil with potential gold production.

From Yahoo Finance: 2025-06-29 21:43:00

BHP Group Limited (NYSE:BHP) is one of the top 11 copper stocks to buy now, with G Mining Ventures acquiring the CentroGold Project in Brazil from BHP subsidiaries. The project contains 1.7 million indicated and 0.6 million inferred gold ounces, with BHP receiving a royalty on production. CentroGold spans 1,900 square kilometers and includes three open-pit deposits, with a pre-feasibility study outlining a 10-year mine life and potential annual gold output of 210,000 ounces. GMIN plans to update the resource to NI 43-101 standards and integrate it into their expansion pipeline. While BHP shows promise as an investment, some AI stocks may offer greater upside potential with lower risk. Consider exploring undervalued AI stocks for potential benefits from Trump-era tariffs and onshoring trends. No disclosures were made.

Read more: G Mining Ventures to Acquire the CentroGold Project from BHP