17 de agosto de 2017 / 8:07 / hace 3 meses

BRIEF-BHP Billiton ‍approves investment to extend life of Chile's Spence mine​

Aug 17 (Reuters) - BHP BILLITON PLC:

* ‍APPROVES INVESTMENT TO EXTEND LIFE OF SPENCE COPPER MINE​

* ‍APPROVAL OF CAPITAL EXPENDITURE OF US$2.46 BILLION FOR SPENCE GROWTH OPTION (SGO) AT SPENCE OPEN-CUT COPPER MINE IN NORTHERN CHILE​

* ‍PLAN WILL EXTEND MINE LIFE BY MORE THAN 50 YEARS​

* ‍IN FIRST 10 YEARS OF OPERATION, INCREMENTAL PRODUCTION FROM SGO WILL BE ABOUT 185 KTPA OF PAYABLE COPPER IN CONCENTRATE, 4 KTPA OF PAYABLE MOLYBDENUM​

* ‍SGO AT MID-CASE CONSENSUS PRICES, HAS AN EXPECTED INTERNAL RATE OF RETURN OF 16 PERCENT, PAYBACK PERIOD OF 4.5 YEARS FROM FIRST PRODUCTION​ Source text for Eikon: Further company coverage:

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