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Latest Information  April 9, 2009 Leighton Contractors in a joint venture with Macmahon Contractors has been awarded a contract valued at more than $500 million to develop BHP Billiton Iron Ore’s Rapid Growth Project 5 rail project (RGP5) in the Pilbara region of Western Australia. As part of the contract, BHP Billiton Iron Ore will supply an additional $150 million of materials to the project which the joint venture will handle as part of the works. The 50/50 joint venture will duplicate 220 km of the existing heavy haul rail line between Port Hedland and Shaw Siding along the existing BHP Billiton Iron Ore Newman/Yandi line, providing BHP Billiton Iron Ore with a mechanism to meet anticipated increasing overseas demand for iron ore. The project scope also includes the installation of 840 kilometres of fibre optic cable and the construction of 10 new dual track bridges, over 1,000 camp rooms (complete with kitchens, laundries, gymnasiums and a pool) and up to three fly camps. The joint venture is expected to employ more than 1,100 workers over the life of the project and will encourage a high level of indigenous participation. August 9, 2004 The company has commenced 2500m drill program to test 11 of the 24 airborne anomalies idenfitied after completing a 1,729 sq km airborne electromagnetic magnetic survey in search of sedimentary exhalative (SEDEX) silver/zinc/lead (Sullivan-type) deposits on the property. During May and June 2003 BHP Billiton carried out a 4,300 line km GEOTEMDeep irborne electromagnetic (AEM)/Mag survey covering 1,720 sq km of poorly exposed Proterozoic volcanosedimentary rocks in northern Sweden in the search for Broken Hill Type (BHT) and Sedimentary Exhalative silver, lead, zinc deposits. The survey was conducted in an area of poorly exposed Proterozoic metasediments-metavolcanics that had no record of previous AEM coverage or significant exploration for base metal mineralization. Despite poor exposure, base-metal massive sulphide prospectivity is indicated by the presence of numerous mineralised boulders and several Ag-Pb-Zn mineral occurrences. |
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