https://www.miningweekly.com

BHP confirms Venus suspension, staff cuts

13th November 2014

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – Diversified giant BHP Billiton on Thursday confirmed that it had taken 90 staff off its payroll at the Leinster nickel operations, in Western Australia, following its decision not to divest of the Nickel West business division.

It is understood that the employees were working at the Venus project.

“Across the BHP Billiton portfolio there remains intense internal competition for capital; as a result a decision has been made to discontinue development of the Venus project,” a spokesperson told Mining Weekly Online.

BHP shelved the sale of its Nickel West operations, which include the Mt Keith, Cliffs and Leinster mines, as well as the Kalgoorlie smelter, Kambalda concentrator and the Kwinana refinery, earlier this week, after failing to garner a suitable bid for the business unit.

Instead, the business unit would remain in the BHP portfolio as a noncore asset, and the company would continue its operations.

Edited by Creamer Media Reporter

Comments

Showroom

Showroom image
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 
Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.142 0.182s - 90pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: