The business section in the West Australian has revealed that BHP has unveiled a $525 billion increase in the copper resource at the Escondida mining complex in Northern Chile. The 54 million tonne increase is worth more than $US1 trillion tonnes before mining and treatment costs. It would mean the mine could still be operating in 100 years.
Just gives you faith in their assessment of tier 1 assets. They have only selected tier 1 assets recently and hopefully the shale gas acquisitions turn out the be as good as the company hopes.
525 billion dollar lncrease in escondidia mine
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Last
$40.07 |
Change
0.060(0.15%) |
Mkt cap ! $203.3B | |||
| Open | High | Low | Value | Volume |
| $40.05 | $40.25 | $40.02 | $285.6M | 7.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $40.06 |
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| Price($) | Vol. | No. |
|---|---|---|
| $40.12 | 1349 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |