BHP posts second straight year of record iron ore production, beats estimates
The world's largest listed miner said iron ore output from Western Australia on a 100% basis was 76.8 million tonnes in the three months to June 30.
There were news reports on April 1 about a Charlize Theron sex tape and WestJet kid-free flights that all turned out—unfortunately—not to be true.
Mining journalists had their own fun. Here is what we we found. Let us know in the comments what we missed.
Real Assets announced a gold discovery in the U.K., poking fun at the Olympic cost over runs.
It seems that London’s streets really are paved with gold.
Last week contractors at the Olympic Village in London were alarmed to see workmen downing tools and leaving site. On closer inspection it appeared their pockets were full of ‘rocks’, except these were no ordinary London rocks; these were rocks with gold deposits.
Experts have since found that the Olympic Committee is literally sitting on a gold mine. There are still some deep excavations being dug for the foundations of last minute stadium additions. It was during these excavations that the gold was found.
After much concern and debate in regard to what the Olympic sites will be used for after the Games, this new discovery has made the decision relatively easy for London’s policy makers. London’s Olympic legacy really will be a golden one.
Mining supplier, Gekko, slid the following story into our news feed, and also fooled us:
The Yunong Qian project, located in the highlands of Nepal, might become world’s first carbon neutral mine, as Gekko Systems Pty Ltd announced today the final funding approval of the project, which will apply Gekko’s technology to achieve net zero carbon emissions.
The new mine, located in the shadow of Mount Everest, is supported by a consortium with world-class expertise in their individual fields. One of these companies is Gekko Systems, which will provide its Python underground processing technology.
The other group members behind the Yunong Qian project development are Poseidon Underwater Salvaging and Warf Tunnelling Corporation.
