BHP may delay at least two mega projects to rein in spending

BHP Billiton, the world's biggest miner, is likely to delay signing off on at least two mega projects after its chairman put the brakes on an $80-billion plan to grow the company's iron-ore, copper and energy operations, analysts say. Slumping...

Mining investments driving Australian growth

The resources sector accounted for nearly half of the A$450.2-billion worth of major investment projects under way or committed to in Australia, Deloitte Access Economics reported on Wednesday. In its quarterly Investment Monitor, Deloitte noted...

BHP expands Olympic Dam footprint

Mining giant BHP Billiton has spent A$10-million to purchase five exploration tenements close to its Olympic Dam project, from ASX-listed junior Minotaur Exploration. Minotaur said on Monday that the sale allowed the company to sharpen its...

Olympic Dam mine expansion, Australia

The Minister for Mineral Resources and Energy for the state of South Australia expects a decision from BHP Billiton around July or August, with regards to developing the Olympic Dam openpit mine.

Olympic Dam mine expansion, Australia

BHP Billiton has welcomed the passing of the Roxby Downs Amendment Bill in the South Australian Parliament, which is a major milestone in the progression of project.

S Australia Parliament passes Olympic Dam bill

Mining giant BHP Billiton on Tuesday welcomed the decision by the Parliament of South Australia’s passing of the Roxby Downs Amendment Bill. The Bill was aimed at ratifying the amendments to the original indenture between the South Australian...

Olympic Dam mine expansion, Australia

The South Australian and Commonwealth governments have formally approved the environmental impact statement for the Olympic Dam project.

BHP gains approval for big Olympic Dam expansion

Diversified resources group BHP Billiton on Monday received environmental approval to quadruple copper output at its Olympic Dam mine over the next three decades. BHP plans to build a new openpit mine to operate simultaneously with the existing...

Rio Tinto enters JV with Tasman over Vulcan project

Diversified giant Rio Tinto said on Monday it agreed to help resources junior Tasman Resources fund an accelerated exploration programme on the Vulcan project, near BHP Billiton’s Olympic Dam mine project, in South Australia. The agreement...

Rex says initial study confirms large-scale copper/gold project

A conceptual study into ASX-listed explorer Rex Minerals’ Hillside project, in South Australia, has confirmed the potential for a large-scale, long-life mine, producing copper, gold and iron-ore. The conceptual study contemplated a staged...

Olympic Dam mine expansion, Australia

BHP Billiton has released the final supplementary environmental-impact statement for the planned mine expansion.

Environmental-impact statement for giant Olympic Dam released

Global diversified miner BHP Billiton on Friday released the final supplementary environmental impact statement (SEIS) for the expansion of its Olympic Dam project, in South Australia. During December last year, the mining giant submitted the...