Hedge fund pushes Teck to abandon oil, replace CEO

It's also a religious retreat.

Chief Executive Officer Andrew Mackenzie said the project ramains in BHP's main plans, but added the firm is not in a rush to develop it.

The Peruvian firm will develop the deposit as an underground mine, instead of as an open-pit project.

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Australia's non-bulk mining industry "will die without a strong pipeline of projects moving to development stage," says study.

World's number one miner hopes to save $3.6 billion spinning off aluminium, coal, manganese, nickel and silver assets into new company.

"I am really pleased that First Quantum has successfully acquired our Taca Taca deposit."

"I do not believe a better panel could be found."

"Everything is on the table."