Big Backers: Faraday Copper Lands BHP and Lundin for Its District-Making Deal - podcast episode cover

Big Backers: Faraday Copper Lands BHP and Lundin for Its District-Making Deal

May 12, 202613 min
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

Early this year, Faraday Copper announced a $100 million financing deal with industry heavyweights the Lundin Family Trust and BHP, alongside a proposed acquisition of BHP's historic San Manuel copper property in Arizona. Faraday CEO Paul Harbidge spoke to Mining Stock Daily about how the combination of San Manuel and the company's flagship Copper Creek project could create one of the largest copper producers in the United States. Harbidge outlined the path forward, including ongoing drilling at Copper Creek, plans to mobilize rigs to San Manuel following the expected Q3 2026 closing, and the goal of publishing a combined NI 43-101 compliant resource for both properties by mid-2027.

For the best experience, listen in Metacast app for iOS or Android