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Post by
Bob_Tenon Jul 07, 2011 6:41am
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Post# 18804772
BHP e-mails raise doubts about
BHP e-mails raise doubts aboutfuture of Saskatchewan mine
BRENDA BOUW — MINING REPORTER
VANCOUVER— From Tuesday's Globe and Mail
Published
While BHP has said it continues to work on developing the estimated$12-billion Jansen mine, cost concerns recently threatened to shut downthe project, according to internal company e-mails.
BHP chief executive officer Marius Kloppers threatened to shut downJansen as recently as late July, citing soaring costs for the firstphase of the development, according to internal company communications.
“You simply don't have a project with the current preferredconfiguration approach,” Mr. Kloppers wrote in a July 28 e-mail tocolleague Andrew Mackenzie, the executive responsible for developing theJansen project. “Either the team makes a very dramatic step change orthey get shut down in due course. This is the simple brutal truth.”