SURFACE

BMA facing higher stripping costs at its open cuts

HIGHER strip ratios at BHP Mitsubishi Alliances open cut mines in Queensland’s Bowen Basin mean its Queensland production costs could increase as much as US$7.40 per tonne in FY2021.

 BMA's Poiitrel mine in Queensland.

BMA's Poiitrel mine in Queensland.

The company is factoring in a higher spend on increased contractor stripping costs on top of tailings and risk spend in FY2021, bringing the estimated cost per tonne to between $69-$75 compared to the...

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