SUPPLY NEWS - BHP ramping up Olympic Dam operations after power restored

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Vivian Teovivian.teo@fastmarkets.comJoint News Editor - Asia

Singapore 13/10/2016 - BHP Billiton is working to ramp up operations at its Olympic Dam copper-gold mine in South Australia after full power was restored to its site late evening local time on Wednesday, October 12.

“Our teams are working hard to safely ramp up operations,” BHP said in a statement on Thursday.
 
While some work had continued at Olympic Dam’s underground operations during the power outage, the company is now focusing on safely transitioning its surface operations from care and maintenance into full production, it said.

BHP had suspended production at the mine on September 28 after severe storms caused a massive power blackout in South Australia. Power from back-up generators were diverted to maintain critical operations at the remote site.

The company will provide information on the impact the outage has on its production in its September quarter operational review due for release on October 19.

The mine produced 203,000 tonnes of copper in fiscal 2016.



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