Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) (www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce the commencement of its summer drill program at the Borsko Project, part of the BHP-Mundoro option earn-in agreement in the Central Timok Magmatic Complex ("TMC") in Serbia. The Borsko Project, covering approximately 40 sq.
BHP is undervalued at 14x forward PE with a 5% dividend, offering solid returns even without divestment of iron ore and coal. A potential spin-off of iron ore and coal could unlock significant shareholder value, shifting BHP's focus to copper and potash for future growth. Copper demand is set to rise, and BHP's ramp-up in copper production and new discoveries like Vicuña position it well for long-term upside.
The world's No. 1 miner by market value reported a 10% rise in third-quarter copper output due to higher volumes from the giant Escondida mine, and flat iron-ore output.
Industrial Materials Industry | Basic Materials Sector | Mr. Mike P. Henry B.Sc., BSc (Chem) CEO | LSE Exchange | US0886061086 ISIN |
AU Country | 38,962 Employees | 7 Mar 2025 Last Dividend | 13 Jul 2001 Last Split | - IPO Date |
BHP Group Limited stands as a key resources entity, extending its operations extensively across various continents including Australia, Europe, China, Japan, India, South Korea, and other parts of Asia, as well as North and South America. This diversification highlights its global footprint in the mining sector. Founded in the year 1851 and with its headquarters rooted in Melbourne, Australia, BHP has a long-standing history and expertise in the resources industry. The company is structured into three main operational segments: Copper, Iron Ore, and Coal, through which it manages a wide array of mineral resources. Beyond direct mining activities, BHP takes on responsibilities that span from exploration to development, and into the realms of marketing and trading, showcasing its comprehensive engagement in the resources domain.
Engagement in the extraction of copper, coupled with the mining of silver, zinc, molybdenum, and uranium. This segment emphasizes BHP's participation in securing essential minerals vital for electrical wiring, plumbing, and other infrastructure needs globally.
Participation in the extraction and processing of gold, highlighting BHP's role in contributing to the global gold demand for investment, jewelry, and technological applications.
Focuses on the extraction of iron ore and its processing into metals crucial for manufacturing and construction industries worldwide. BHP's iron ore mining activities underscore its importance in the global steel production chain.
Engages in the mining of coal used in steel production (metallurgical coal) and power generation (energy coal). This operation underlines BHP's contribution to two fundamental sectors: steel manufacturing and electricity generation.
Involves in mining, smelting, and refining of nickel, a material that finds its applications in the production of stainless steel, batteries, and alloys. This division showcases BHP's role in supporting various manufacturing sectors.
Embarks on the exploration and potential to develop potash mines, signaling BHP's investment in agriculture through the provision of potash, a key fertilizer that aids in crop yield improvement globally.
Provides a range of auxiliary services such as towing, freight, marketing and trading support, alongside essential finance, administrative, and other operational support services, indicating BHP's integrated approach in its business operations.