BHP faces more woes at its WA iron project
Article Abstract:
Broken Hill Proprietary Co Ltd is building in Port Hedlund, Western Australia, a plant to produce hot briquetted iron (HBI). The price of HBI has dropped as demand fell because of the Asian economic crisis. However, An Feng Kingstream expects continued demand for the slab steel it will produce at its $1.4-billion plant under construction in WA. Other construction plans include a port terminal and power facilities, partly funded by the government.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1998
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Aero mapping reveals hot prospect in WA
Article Abstract:
The Bronzewing South mineral claim in Western Australia is getting closer to fruition thanks to aerial mapping. Geological faults and crossover points have been discovered which afford prime drilling points for the prospective gold mining region. The area has been mired in costly legal battles over who will own the claim. Audax Resources is the first company to do detailed mapping in an effort to earn the claim.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1998
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Junior Golds get a leg-up from Big Brother
Article Abstract:
Two small mining companies, Gindalbie Gold NL and Croesus Mining NL, have discovered promising gold and copper resources in the Magnum prospect of Western Australia. The location was previously explored by BHP before a management crisis led to an partnership invitation for Gindalbie. Low stock prices and commodity prices are among factors blamed for lack of enthusiasm for Western Australia's mining resources.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1998
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