ASX-PLAY­ERS MAK­ING MOVES

The Australian Mining Review - - COMMODITY FOCUS: COPPER -

• BHP (ASX: BHP) is plan­ning a po­ten­tial $2.1 bil­lion ex­pan­sion of its Olympic Dam mine in South Aus­tralia, with a de­ci­sion ex­pected by 2020. BHP has also earned an 11.2 per cent stake in Sol­gold, which owns the Cas­ca­bel por­phyry cop­per-gold project in Ecuador. • Newcrest (ASX: NCM) pro­duced 25,000t of cop­per in the Septem­ber quar­ter; up 49 per cent on the Septem­ber 2017 quar­ter. The miner has re­cently com­pleted a PFS into an ex­pan­sion at Ca­dia, which ex­am­ines in­creas­ing the plant to 33mtpa. • OZ Min­er­als (ASX: OZL) is in the fi­nal stages of the con­struc­tion phase at its Car­ra­p­ateena cop­per project in South Aus­tralia, with first con­cen­trate pro­duc­tion on track for late 2019. • Cassini Re­sources (ASX: CZI) has part­nered with OZ Min­er­als to de­velop its West Mus­grave cop­per-nickel project in WA. In Oc­to­ber, OZ Min­er­als ful­filled re­quire­ments to earn a 51 per cent in­ter­est in the project, and was cur­rently ad­vanc­ing a PFS.

• Hav­i­lah Re­sources (ASX: HAV) con­tin­ues to im­ple­ment its Cop­per

Strat­egy- En­hanced by Cobalt. The miner has ad­vanced ex­plo­ration in the Mu­tooroo re­gion, and de­ter­mined a 100 mil­lion tonne maiden ore re­serve at Kalka­roo, also in South Aus­tralia.

• Ham­mer Met­als (ASX:

HMX) re­cently pur­chased two ex­plo­ration per­mits that cover the Sun­set and Black Rock prospects in QLD. It also has a 75 per cent in­ter­est in the Mil­len­nium de­posit and 51 per cent stake in the emerg­ing Ju­bilee project.

• Mino­taur Ex­plo­ration (ASX:

MEP) has be­gun drilling at its newly ac­quired High­lands cop­per project in QLD. Drilling will test strong ground EM anoma­l­ism con­tained within broader VTEM tar­gets, Gospel and Coolibah. • Artemis Re­sources (ASX: ARV) has made a sig­nif­i­cant up­grade to the cop­per and zinc re­sources at its Whundo mine in the Pilbara, WA.

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