BHP : to lift stake in Ecuador copper project to 14.7%

BHP Group will pay 17.1 million pounds to raise its stake in SolGold Plc, the majority owner of a key Cascabel copper-gold project in Ecuador, to 14.7% from 11.1% currently, it said on Monday.

The world's biggest miner will buy 77 million new shares in SolGold for 22.15 pence a share.

(Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Jan Harvey)