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BHP, Mitsubishi approve $4.2bn Australian coal investment

By: Esmarie Swanepoel Mining giant BHP Billiton and its joint venture partner, Mitsubishi Development, on Tuesday approved $4.2-billion for the development of the Caval Ridge coal mine and the expansion of Peak Downs, in the northern Bowen basin in Queensland. BHP and Mitsubishi would each contribute $2.1-billion to... 

BHP to spend $9,5bn on Australian iron-ore and coal expansions

By: Esmarie Swanepoel The world’s biggest diversified mining group BHP Billiton would invest $9,5-billion to expand its iron-ore and coal operations in Australia, it announced on Friday. The miner and its partners have approved $7,4-billion worth of capital investment for the Pilbara iron-ore operations, to expand... 

Positive outlook for 2011 financial year

The 2011 financial year outlook for engineering company Sedgman looks positive given the record levels of forward orders and targeted projects expected in the period, as well as a forecast improvement in global business conditions, states the company’s report for the 2010 financial year. 

Queensland approves A$4bn BHP-Mitsubishi coal mine

By: Esmarie Swanepoel The Queensland government has granted conditional approval for the A$4-billion Caval Ridge coal mine, owned by BHP Billiton and its joint-venture (JV) partner Mitsubishi. Treasurer Andrew Fraser reported that the approval was subject to a raft of strict development and operating constraints. 

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