BHP sinks cash into Nickel West to revive operations 2016-10-20The 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 2016-10-10Mining 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 2016-10-04Operations 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 2016-09-28BHP awaits crusher installation to stay on target
ASX: Mineral Resources and Ore Reserves at 30 June 2016 2016-09-21
BHP cuts 76 Canada jobs, keeps building potash mine 2015-12-06Anglo-Australian miner BHP Billiton will cut 76 jobs from its Canadian potash operations due to low commodity prices, a company spokesperson said on Friday. Work continues on sinking and lining shafts at BHP's Jansen Saskatchewan potash mine, according to the spokesperson.
Nearby Location News
Karnalyte Resources Inc. Provides Update on Operations 2015-07-14
CALGARY, ALBERTA--(Marketwired - July 14, 2015) - Karnalyte Resources Inc. ("Karnalyte" or the "Company") (TSX:KRN) announces that the Company is restarting its operations at Wynyard, Saskatchewan to develop its Carnallite project (the "Project").