Canadian Mining Journal

BHP Billiton

  • News

    DIAMOND PROJECTS: Investors warm to icy gems

    October 11, 2012 by Canadian Mining Journal Editor

    NORTHWEST TERRITORIES – Mountain Province Diamonds of Toronto has set out to raise $47.1 million via a rights offering for the Gahcho Kué project 300 km northeast of Yellowknife. The proceeds will fund the company’s 49% share…

  • News

    Cameco turns eye to Western Australia

    September 24, 2012 by Canadian Mining Journal Editor

    VANCOUVER — It appears Canada’s major uranium power Cameco is viewing a downswing in uranium markets as an opportunity to diversify its project portfolio and acquire a foothold in Australia.

  • News

    MAC focuses on transparency, free trade

    September 19, 2012 by Canadian Mining Journal Editor

    VANCOUVER — For Mining Association of Canada (MAC) president and CEO Pierre Gratton, the future of the nation’s mining industry lies in clear cut regulatory reform and the cultivation of global free trade arrangements geared towards…

  • News

    BHP delays expansion of Olympic Dam

    August 23, 2012 by Canadian Mining Journal Editor

    BHP Billiton’s decision to delay its multi-billion dollar expansion of Olympic Dam due to escalating capital costs will put a forecasted uranium supply deficit under even greater pressure, analysts say.

  • News

    Chile, Peru must meet energy challenges as mining booms

    June 20, 2012 by Canadian Mining Journal Editor

    VANCOUVER — The Andean nations of Chile and Peru are firmly established as the top copper producing locales in the world. Chile holds the number one spot with annual production clocking in at roughly 4.9 million tonnes, while Peru sits in…

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    DIAMOND RESOURCE: Stornoway releases first estimate for Qilalugaq project

    June 12, 2012 by Canadian Mining Journal Editor

    NUNAVUT – Montreal-based Stornoway Diamond Corp. says the initial resource estimate for the Qilalugaq project suggests the kimberlite contains 26.1 million carats. The project, on the Rae Isthmus which connects the Melville Peninsula to…

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    Time is ripe for miners to push cash out to shareholders

    June 11, 2012 by Canadian Mining Journal Editor

    Investors are hardly in the mood for risk.

  • News

    Foran jumps into action in Saskatchewan

    May 2, 2012 by Canadian Mining Journal Editor

    FLIN FLON, Manitoba — Foran Mining is gaining steam at its flagship McIlvenna Bay volcanogenic massive sulphide (VMS) project in east-central Saskatchewan, west of Flin Flon, MB.

  • News

    PERSPECTIVE: Is there something wrong with diamonds?

    March 27, 2012 by Canadian Mining Journal Editor

    First, the Oppenheimer family sold its remaining interest in De Beers to partner Anglo American. De Beers Canada owns and operates the Snap Lake diamond mine in the Northwest Territories and the Victor mine in Ontario. It is a partner with…

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    DIAMOND MINING: BHP Billiton reviews its involvement

    November 30, 2011 by Canadian Mining Journal Editor

    BHP Billiton has announced plans to review its involvement in the diamond mining business. The company has an 80% interest in the Ekati mine (Canada’s first diamond producer) at Lac de Gras, NWT, and a 51% interest in the Chidliak…

  • News

    COPPER-URANIUM-GOLD PROJECT: Olympic Dam gets environmental nod

    October 11, 2011 by Canadian Mining Journal Editor

    AUSTRALIA – The federal and South Australian governments have approved the environmental impact statement submitted by BHP Billiton for the expansion of its Olympic Dam copper-uranium-gold mine. The project, that reportedly carries a…

  • News

    POTASH DEVELOPMENT: BHP Billiton commits further US$488-M to Jansen project

    June 23, 2011 by Canadian Mining Journal Editor

    SASKATCHEWAN – BHP Billiton has approved the spending of another US$488 million, what it calls “pre-commitment capital”, at its Jansen potash project near Lanigan. The funds will be used for site preparation and purchasing long lead time items…