BHP’s growth assured – Mackenzie
JOHANNESBURG (miningweekly.com) – Mining giant BHP Billiton chief Andrew Mackenzie has punted the company’s growth projections to shareholders in Houston, saying that growth of some 16% in copper equivalent terms, was expected over the next two years.
On the first day of the company’s investor briefing, Mackenzie said that BHP’s productivity agenda had the potential to create more value than any of its other operational focuses.
“With all of our operations now on a common information management platform, we can replicate best practice and improve operational performance across the group. By generating more volume from our existing equipment and lowering unit costs, we will continue to build on the $2.7-billion reduction in controllable cash costs delivered in the 2013 financial year.”
Read more at: http://www.miningweekly.com/article/bhps-growth-assured—mackenzie-2013-12-10
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