BHP warns Australian mining not ready for low-cost competitors
The boom in demand from China’s industrialization is now “past the period of aggressive growth,” BHP’s Australia President said.
Australian contractor Barminco has signed the company’s largest contract in its 21-year history with the renewal of its contract with AngloGold Ashanti Australia to deliver underground mining services at the 600,000 t/y Sunrise Dam gold mining operation, located 56 km south of Laverton in Western Australia. The company has been contract mining at Sunrise Dam since October 2003.
