Canadian mining giant, Faraday Copper, pays $504M ($18k/acre) for 27,000-acres of Arizona copper properties in Pima County

10/28/2026

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Phoenix Business Journal

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• Subcategory: Industrial: Manufacturing, Specialty

• Tag: Economic Development | Sale

• Additional Filters-Subcategory: Industrial: Chemical Manufacturing, Specialty: Mining

• Additional Filters-Tags: Sale: Owner/User, Sale: Ownership Interest

Highlights
Faraday Copper Corp. paid $503.8 million for Arizona copper mining properties
BHP Copper acquired a 30% stake in Faraday as part of the deal
Mineral resource estimates will be completed by mid-2027

Faraday Copper Corp

Paul Harbidge | President, CEO & Director

+1 (604) 689-7842