BHP 2.16% $42.06 bhp group limited

olympic dam. 1 trillion dollar resource.

  1. 1,134 Posts.
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    Not sure if this has been posted before. But I still find this unbelievable:

    "BHP Billiton has revised its Total Resource estimate
    for Olympic Dam to 4430 Mt at 1.1% Cu, 0.4 kg/t U3O8, 0.5 g/t Au and 2.2 g/t Ag. The Measured Resource has also been revised and is currently 680 Mt at 1.5% Cu, 0.5 kg/t U3O8, 0.5 g/t Au and 3.1 g/t Ag."

    Source: MESA Journal 44

    Now based on some quick calculations I believe that is almost $1 trillion based on today's commodity prices!

    That is also over 1.75m Tonnes of uranium!!!!

    Unbelievable.
 
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