BHP tightens belt, targets $1.6bn in cost-cutting at Australian operations
The world’s No.1 miner is targeting as much as $1.6 billion in productivity gains at its iron ore, copper and coal units in the country over the next two years.
SNL Metals & Mining reveals that while the minerals exploration sector recorded lower drilling activity, funds raised by the mining sector saw a near three-fold increase to $6.2 billion.