Business
Olympic Dam copper surge adds to big year for BHP
Increased copper production at Olympic Dam has helped mining giant BHP boost its global production for the 2020 financial year.
Business
Increased copper production at Olympic Dam has helped mining giant BHP boost its global production for the 2020 financial year.
Business
South Australian copper miner Oz Minerals has signed a deal with Sanjeev Gutpa’s Whyalla Port to export concentrate from its new Carrapateena mine.
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BHP has announced a A$7.3 billion attributable profit for the first half of the 2020 financial year, up 29 per cent on the same period last year, netting shareholders the second highest dividend in the company’s history.
OZ Minerals’ West Musgrave project has the potential to produce 28,000 tonnes of copper and 22,000 tonnes of nickel a year for 26 years, according to a pre-feasibility study released today.
Copper prices fell to their lowest level in nearly five months overnight, after a Chinese diplomat ramped up rhetoric that could stoke the trade conflict between the United States and China and possibly erode metals demand.
BHP has identified a potential new iron oxide, copper and gold mineralised system near its Olympic Dam operations in South Australia as part of a copper exploration program.
