Willem Middelkoop: Filo Mining acquired by BHP and Lundin Mining for over $4 billion in 2024

Willem Middelkoop: Filo Mining acquired by BHP and Lundin Mining for over $4 billion in 2024
Filo Mining sold for over $4 billion

Willem Middelkoop, founder, investor, commodity fund manager at Commodity Discovery Fund, reports that Mr. Wodzicki was responsible for a significant copper-gold discovery near Filo Mining, which won the 2022 CDFund Discovery Award.

Filo Mining was acquired by BHP and Lundin Mining in 2024 for over $4 billion.

Middelkoop has previously highlighted developments in traditional and precious metals markets. He noted that the last 30-year U.S. Treasury with a 5 percent interest rate was issued in 2007. He also reported that Russia's central bank has been purchasing silver over several years.

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