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  • BHP sinks cash into Nickel West to revive operations 2016-10-20
    The future of mining giant BHP Billiton’s Nickel West arm appears solid as the company focused on extending its current operating life from 2023 to 2032, and sinks cash into maintaining its asset integrity. BHP, which has unsuccessfully tried to sell its nickel businesses, has invested A$2-million a month for the last ten months into maintenance and repairs at Nickel West. The spending will continue for the remainder of 2016 and 2017, said Nickel West asset president Eduard Haegel on Thursday.
  • SolGold turns down BHP proposal as interest in junior grows 2016-10-10
    Mining giant BHP Billiton has offered to pay $30-million for a 10% interest in Aim-listed SolGold, but the Brisbane-based explorer has rejected the proposal and decided to stick with a $33-million financing deal with Maxit Capital and Newcrest Mining. In addition to a 10% shareholding in SolGold, BHP had also hoped to secure an earn-in into the Cascabel copper/gold project, in Ecuador, by spending $275-million to acquire a 70% stake of SolGold’s 85% interest in the Cascabel holding company Exploraciones Novomining SA.
  • Olympic Dam still on care and maintenance 2016-10-04
    Operations at the Olympic Dam copper, gold and uranium mine, in South Australia, remained on care and maintenance, mining giant BHP Billiton said. Operations were suspended and the site de-mobilised following a severe storm in South Australia, which resulted in state-wide power outages.
  • Jimblebar on track for production lift 2016-09-28
    BHP awaits crusher installation to stay on target
  • ASX: Mineral Resources and Ore Reserves at 30 June 2016 2016-09-21

Nearby Location News

  • Another shot for Anglo 2016-09-20
    Anglo gets another chance at Drayton South
  • Previously rejected Anglo American coal project wins NSW govt backing 2016-09-19
    The previously rejected Anglo American Drayton South coal project has received backing from the New South Wales Department of Planning and Environment, angering horse breeders in the Hunter Valley, who are opposed to the opencut mine expansion. The Planning Department has recommended that the independent Planning Assessment Commission (PAC), which previously rejected the expansion, approve the project.
  • ASX: Rio Tinto completes sale of Mount Pleasant coal assets 2016-08-04
  • Rio Tinto wraps up $617m coal sale to New Hope 2016-03-01
    Mining major Rio Tinto on Tuesday completed the divestment of its 40% interest in the Bengalla coal joint venture, in New South Wales, to ASX-listed New Hope Corporation. With the $616.7-million transaction completed, Rio’s divestment since the start of 2013 have reached $4.7-billion.
  • New Hope advances Bengalla buy 2016-02-08
    ASX-listed New Hope is aiming to complete the acquisition of mining major Rio Tinto’s 40% interest in the Bengalla thermal coal mine, in New South Wales, by March. The junior said on Monday that it had cleared two material conditions to the purchase of the mine. These included the remaining shareholders in Bengalla not exercising their pre-emptive rights under the joint venture (JV) agreement, and the completion of a corporate restructure under which the Rio JV participant became a wholly owned subsidiary of the major.

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