BHP Billition (BHP) says it will close its money-losing Norwich Park metallurgical coal mine,...

|About: BHP Billiton Limited (BHP)|By:, SA News Editor

BHP Billition (BHP) says it will close its money-losing Norwich Park metallurgical coal mine, just a day before another round of strikes was due to hit Norwich Park and other mines BHP jointly owns with Mitsubishi. BHP also approves an initial $708M funding for the Gulf of Mexico's Mad Dog Phase 2 project that could produce ~130,000 bpd.