jueves, 21 de septiembre de 2017

BHP may leave Australia’s top mining lobby group

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Australia News Digest
Friday 22 September 2017
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Investors will decide next month whether the company should quit the Minerals Council of Australia due to conflicting views on climate change and energy policy.

Benchmark price down 7.4% on Thursday.

He intends to buy as much as 1.5 billion pounds (about$2 billion) worth of additional Anglo American shares.

Initiative is part of South Australia's government strategy that aims to triple the state's copper production to one-million tonnes a year by 2030.

He joined the company's board in September 2011 and was appointed chief financial officer in April 2013.

Cadia – the company's biggest and lowest-cost source of gold – led to a 55-percent fall in gold output at the mine in the June quarter.

A new nickel mine that just opened in Western Australia is pinning its hopes on the use of nickel in electric vehicle batteries.

A TV ad featuring a famous radio broadcaster is pushing to 'stop the taxpayer loan' to the Indian group

Company expects to increase gold production at Tanami by 80,000 ounces annually, reaching between 425,000-475,000 ounces a year.

Acquisition makes of the Canadian miner one of the few multi-asset, low-cost global zinc producers.

The Cascabel project is located in the northern portion of the Andean copper belt in Ecuador, renowned for hosting almost half the world's copper known reserves.

Silvergrass adds 10 million tonnes of iron ore to the market as price stabilizes in the mid-$70s.

Decision comes as the Swiss-based miner and commodities trader rethinks how to deploy capital as its cuts debt.

As always when prices start to decline after a surge that appeared unrelated to supply-demand fundamentals, the question is will the reverse become a rout and where exactly does fair value lie?

Gold miners in Western Australia state are being hit with an increase in royalty payments under measures released on Thursday that are designed to return the one-time "economic engine of a nation" to fiscal health via revenue from the mining sector.

The company announced the appointment of Wallace Macarthur King as non-executive chairman of its board

Bureau Veritas' state-of-the art mineral testing facility in Adelaide is supporting BHP and South Australia to achieve their Copper Growth Strategies.

BHP Billiton Foundation announced Tuesday its financial support for two new global projects launched at an event held in Washington DC.

Kal Tire's new tyre management innovation program was created to help improve mine site productivity and safety.

The annual event is celebrating its 40th year and is shaping up as one of the largest programs the conference has ever presented.

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