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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

Juloi News

  • BHP Billiton weighs getting out of Indonesian coal 2016-04-20
    BHP Billiton is considering giving up its coal stakes in Indonesia, where it recently started producing coal, amid uncertainty over Indonesian regulations and a weak outlook for coal. "BHP Billiton is conducting a strategic review of the long-term future options for its Indonesian coal interests, IndoMet Coal, which comprises seven coal contracts of work within the provinces of Central and East Kalimantan," the global miner said in its quarterly review on Tuesday.

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Nearby Location News

  • BBM underground study proves positive 2016-10-07

    A scoping study for underground extraction at Cokal Limited’s 60%-owned Bumi Barito Mineral (BBM) Coal Project in Central Kalimantan, Indonesia, has returned positive results. The study identifies potential mining blocks totalling 67 million tonnes of coking coal resources in seams D and J.
    The study recommends that the project be advanced through to a pre-feasibility study.

  • Cokal hopes to lower BBM costs 2016-10-04
    Coal developer Cokal has launched an update to the definitive feasibility study (DFS) for its Bumi Barito Minerals (BBM) coking coal project, in Indonesia. The company told shareholders on Tuesday that recently, the cost of construction materials, power and fuel had reduced significantly as the price of commodities reduced, particularly for thermal coal.
  • ASX: PT BBM Updated Definitive Feasibility Study Update 2016-10-03
  • BBM underground study proves positive 2016-09-30
    A scoping study into an underground mine at the Bumi Barito Mineral (BBM) coal project, in Indonesia, has indicated that the project was feasible. In March this year, Cokal reported a coal resource of 266-million tonnes over four coal seams, of which some 19.5-million tonnes were considered measured and 23.1-million tonnes were indicated.
  • BHP exits Indonesia coal, at a loss 2016-06-07
    Indomet is latest asset to tumble out of a once mighty portfolio

Top Mining News

  • Ecuador approves EIS for Lundin Gold’s Fruta del Norte project

  • Atalaya’s quarterly copper production doubled as Proyecto Riotinto ramp up continues

  • Aucu delivers more high grade results

  • Trevali expands high-grade Santander deposits, makes new hanging-wall discovery

  • Nordgold launches Bouly operation in Burkina Faso

Latest Mining News

  • Suva Ruda drilling update

  • Anglo American Platinum completes sale Rustenburg

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