BHP Billiton Granted Extension for Olympic Dam

Mining Weekly reported that BHP Billiton has been granted an extension regarding investment decisions surrounding its Olympic Dam project.

As quoted in the market report:

Premier Jay Weatherill on Tuesday announced that the South Australian government had granted an extension to the indenture from December this year until October 2016, with the mining major committing to spending some A$650-million over the next four years on Olympic Dam, as well as other initiatives within South Australia.

To view the whole Mining Weekly report, click here.