Original article by Paul Garvey
The Australian – Page: 21 : 18-Aug-17

BHP Billiton will expand its Spence copper mine in Chile at a cost of $US2.46bn ($A3.1bn). BHP had initially estimated in 2015 that expanding the project would cost around $US2.2bn. Dubbed the Spence Growth Option, the project will increase BHP’s annual copper output by about 185,000 tonnes during the first 10 years of the expansion. BHP anticipates an internal rate of return of about 16 per cent from the Spence Growth Option.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, UBS HOLDINGS PTY LTD, ELLIOTT MANAGEMENT CORPORATION

Original article by James Thomson
The Australian Financial Review – Page: 1 & 11 : 5-Jul-16

Resources giant BHP Billiton will increase the capacity of the Los Colorados concentrator at its Escondida copper mine in Chile. Danny Malchuk, the head of BHP’s Minerals Americas division, believes that the project will cost less than the $US200m that has been budgeted. Expansion of the concentrator will allow the Escondida mine to increase annual production by between 150,000 and 200,000 tonnes. The project is slated for completion by mid-2017.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, SAMARCO MINERACAO SA