BHP's Beenup mine a disaster area

Article Abstract:

Beenup, Broken Hill Proprietary Co Ltd's ilmenite mine near Augusta, Western Australia, suffers from drawbacks including failure of safety measures and resulting among an inexperienced workforce. The company may be forced to sell its holdings because of difficulty in processing the ore and environmental damages from tailings. BHP has a contract with Tinfoss, of Norway, to supply ilemite.

Iron ores, Iron Ore Mining, Iron Mines, Natural resources, Western Australia, Iron mining

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Mining junior makes hay with BHP's cast-off

Article Abstract:

Western Metals has turned the mine it purchased from BHP into part of a multiple-small-mine growth strategy. The company plans to supplement the purchase with a metal smelting deal with Asia, a possible deal with India and increased exploration in the former BHP mine. Production projections for 1999 place Western Metals as the seventh largest producer worldwide.

Western Metals

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BHP: signs of change behind the carnage

Article Abstract:

Australia's BHP, a minerals mining company, is struggling with $16 billion in unproductive iron, oil and copper deals, and industry observers predict that a share buy-back is a possibility in 1999. BHP's core operations remain strong, expecting to hit $3.4 billion for 1997, and the firm is protecting itself from takeovers in shares held in itself.

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