CAPITAL MARKETS

BHP Billiton set for Cannington upgrade

BHP Billiton will give the go-ahead early next year for a modest expansion of its Cannington silver-lead-zinc mine in Queensland.

Stephen Bell

Likely to cost less than A$50 million, the upgrade is designed to boost throughput by around 10% from the first half of 2004. It will also lift silver production, though BHPB is unwilling to put a number...

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