AUSTRALIA STORIES

Copper hopes pinned to exploration success

Hopes were so high – in so many quarters – for BHP Billiton’s proposed A$30 billion expansion of the Olympic Dam copper-uranium-gold mine in South Australia it’s not surprising it has taken more than three years for the dust to settle on the resource giant’s cancellation of the project, and for the state government to become publicly wedded to a Plan B.

Light at the end of the tunnel ... Prominent Hill underground contributing to South Australia copper production build

Light at the end of the tunnel ... Prominent Hill underground contributing to South Australia copper production build

The massive expansion was so big it would have impacted global mining supply lines, copper and uranium markets, and SA’s economy. Since it started production in 1988 Olympic Dam has been a significant...

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