G Mining Ventures completes acquisition of CentroGold project from BHP
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G Mining Ventures has completed the acquisition of the CentroGold project from BHP Group, gaining full ownership of a key asset with significant gold reserves in Brazil's Gurupi Gold Belt.
December 20, 2024 | 4:00 pm
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BHP Group has sold its tenements in Brazil's Gurupi Gold Belt to G Mining Ventures, completing the divestment of the CentroGold Project.
The sale of the CentroGold Project is a strategic divestment for BHP, potentially impacting its asset portfolio. However, the immediate financial impact on BHP's stock price is likely neutral as the company is large and diversified.
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IMPORTANCE 60
RELEVANCE 70