I offer no advice.
The sale got the dredge off the site and far from view. It left BHP with a clean slate and an easier clean-up job – something it had to do under its mining agreement.
The sale also made it absolutely certain that nobody else could buy the project as a going concern, taking over BHP’s environmental clean-up obligations, and having a fresh go at mining Beenup.
One theory put to Dryblower is that the real problem with the pyrites lay in the depth at which the dredge cut the sands. The orebody’s richest pyrites lies in the bottom 4m of the sands. A new owner, working off a lower capital cost base, might have been able to make a commercial success of Beenup by just cutting the top layers of ilmenite.
https://www.miningnews.net/dryblower/news/1191118/dryblower-dredges-beenup-saga
Raider
I offer no advice.The sale got the dredge off the site and far...
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