Business
In this week’s briefcase of SA business snippets, we unpack the latest on a controversial CBD development, Olympic Dam profits, a technology company making headway in the smartwatch industry and more.
News
BHP has scrapped its proposed $3.7 billion Brownfields Expansion at Olympic Dam in favour of a number of smaller projects to improve reliability and increase capacity.
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Strong gold prices matched by higher volumes has helped Adelaide-based miner Oz Minerals record a net profit after tax of $80 million for the six months to June 30.
Increased copper production at Olympic Dam has helped mining giant BHP boost its global production for the 2020 financial year.
BHP has launched a training school at Olympic Dam for people with no experience in mining.
The expansion of Olympic Dam using heap leach technology is among the higher-risk and lower-return projects on BHP’s radar, the mining giant told investors today.
