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Is Newman owned by BHP?

Is Newman owned by BHP?

Newman Operations at a glance Located in the Pilbara region of Western Australia, Newman Operations is an integral part of BHP’s iron ore business.

Who owns Mt Whaleback mine?

BHP
The Mount Whaleback mine, officially the Newman West operation, is an iron ore mine located in the Pilbara region of Western Australia, six kilometres west of Newman….Mount Whaleback mine.

Location
Opened 1968
Owner
Company BHP (85%) Mitsui Iron (10%) Itochu Minerals (5%)
Website BHP website

Is Newman a mining town?

Located about 1186 kilometres north of Perth Newman is a modern mining town that has seen unprecedented growth since 2003. Originally marginal cattle country, Newman was built in the 1960s by the Mount Newman Mining Company, with the discovery of rich iron deposits on nearby Mount Whaleback.

Is Newman a nice place to live?

What is it like to live in Newman? Newman is a family friendly community. There are various sporting and recreational activities for the whole family or individuals to enjoy and participate in. “The surrounding landscape is unbelievable and the waterholes are spectacular.

What is the population of Newman?

In the 2016 Census, there were 7,238 people in Newman. Of these 63.4% were male and 36.6% were female. Aboriginal and/or Torres Strait Islander people made up 14.3% of the population. The median age of people in Newman was 33 years.

How much iron ore is left in Australia?

approximately 51 billion metric tons
The reserves of crude iron ore in Australia, the country with the world’s largest iron ore reserves, were estimated to be approximately 51 billion metric tons in 2021. That amount translated to 25 billion metric tons of iron content.

Is there gold in Newman WA?

Capricorn Metals is on track to pen a maiden mineral resource for the Tramore prospect at its Karlawinda gold project near Newman, WA after infill drilling returned a top result of 12 metres at 3.13 grams per tonne gold from 106m down-hole.

What Aboriginal land is Newman on?

Newman sits on the traditional lands of the Nyiyarparli people and the Martu people are the current custodians. Newman was built in the 1960s by the Mount Newman Mining Company, following the discovery of rich iron deposits on nearby Mount Whaleback, now the world’s largest open-cut iron ore mine.

What’s it like living in Newman?

Is Newman a good place to invest?

If you are looking for an investment property, consider houses in Newman rent out for $650 PW with an annual rental yield of 10.4% and units rent for $462 PW with a rental yield of 13.5%. Based on five years of sales, Newman has seen a compound growth rate of 9.5% for houses and -7.6% for units.

Is Newman wa a good place to live?