Antinuclear

South Australian government CLAIMS it will not kow tow to BHP Billiton

Weatherill again sounds BHP mine caution http://www.abc.net.au/news/2012-09-28/weatherill-again-sounds-bhp-mine-caution/4285794 South Australian Premier Jay Weatherill has given a guarded response on whether the SA Government will be prepared to extend BHP Billiton’s indenture agreement for mining expansion.

He said the Government was yet to be persuaded of the merits of granting an extension to the current indenture, which expires in mid-December.

BHP Billiton has written to the SA Government seeking to extend the agreement until October 2016, after shelving its current Olympic Dam mine expansion plans recently, citing economic conditions.

Mr Weatherill said the company disappointed many people when it delayed the proposed expansion of underground mining to an open pit operation.

He again made it clear the Government would take its time to consider the request.

October 4, 2012 - Posted by Christina Macpherson | South Australia