BHP betting on copper-spend US$900m-greenfield

Article:"BHP betting on Copper."-Copper Investing News, 27 June 2016 [Google title to read if link does not work on www.investingnews.com/daily/resource-investing/base-metals-investing-bhp-billiton-copper-exploration/

Extract:" The company will spend US$900 million on exploration in the next financial year accounting for 18% of its overall capital budget.

"We are investing at a time when most of the sector continue to reduce discretionary spend.  BHP is betting on copper for the LONG TERM."

"BHP will target TIER 1 GREENFIELD minerals deposits with a specific focus on copper porphyry and skam deposits in Chile, Peru and S.West USA, sedimentary  hosted copper deposits in Canada & Iron Oxide Copper Gold deposits in South Australia*s Stuart Shelf.."

"Certainly, it is encouraging for JUNIOR MINING INVESTORS to see one of the largest mining companies in the world place a place a RENEWED focus on COPPER EXPLORATION."

"We execute our Copper exploration both directly & through investment in JOINT VENTURE opportunities and we continue to seek PARTNERSHIPS with JUNIOR EXPLORERS, Tyler said."

Note: Please excuse caps as its is easier to find key info for my reference. Please check.
Sol1, HotCopper poster, 24 July 2016

This is a general topic article so have marked not held as its an industry story on copper -junior miners etc.