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MELBOURNE, AUSTRALIA: BHP Billiton is to restart mining at its Pinto Valley operation in Arizona, US. The mine, which will produce copper and molybdenum concentrate, will have annual production capacity of approximately 60,000 tonne of copper in concentrate. The project will create approximately 650 new jobs with mining expected to resume by end of 2012.
“The US$195 million investment at Pinto Valley will add valuable copper production to our Base Metals portfolio. As we look forward, our business is particularly well placed given strong growth anticipated at both Escondida and Antamina in the short to medium term,” said Peter Beaven, President, BHP Billiton Base Metals.
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