BHP and Lundin Mining to Acquire Filo Corp. and Form Joint Venture

  • BHP and Lundin Mining are acquiring Filo Corp. in a $4.1 billion deal, with BHP paying $2.1 billion in cash.
  • They will form a 50/50 joint venture to develop the Filo del Sol and Josemaria projects.
  • The transaction includes a premium of 32.2% over Filo Corp.โ€™s 30-day average share price.

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Netcare Limited Announces Leadership Changes

  • Mark Bower to Retire: Mark Bower will retire as Chairperson and from key committees on 30 September 2024.
  • New Appointments: Alex Maditse appointed as lead independent director; Ian Kirk joins the Audit Committee effective 30 September 2024.
  • Financial Performance: Netcare reported a 4.2% revenue increase and a 4.1% rise in net profit for FY2023.

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Efora Energy Issues Trading Statement: Predicts Significant Loss for FY 2024

  • Financial Projections: Efora Energy expects a headline loss per share between 1.67 cents and 1.77 cents.
  • Compliance: Efora issued the trading statement under JSE rules, highlighting a significant financial decline.
  • Publication Date: The audited results for the year ended February 29, 2024, will be published on July 29, 2024.

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