FEB17-10

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Volume 7, Wednesday February 17, 2010

Seeking

Playground

Saint

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Page 5

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is ready for use at Curdimurka St.

election seat of Giles

Barbs helps with appeal

Clark shaft on track for re-opening

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he recently released half yearly report from BHP Billiton has revealed the Clark Shaft recommissioning at Olympic Dam will commence in March as predicted. The report goes on to say the ramp up to full capacity is expected to be achieved by the end of the June 2010 quarter. “The Clark Shaft accounts for approximately 75 per cent of Olympic Dam’s ore hoisting capacity,” it was reported. The accident which closed the shaft in October last year was identified by BHPB as the reason Base Metal production was impacted. Another cause for the production impact across all of its mines was the industrial action at Spence in Chile. The report to shareholders indicated BHP Billiton delivered a sound financial result, despite significant volatility and continued uncertainty in the global economy. Strong sales volume growth on the back of demand recovery, particularly in the steelmaking raw materials (Iron Ore, Metallurgical Coal and Manganese) and good cost control across the business helped to partially offset the negative impacts of lower prices and stronger producers’ currencies. The half yearly report also indicated Global economic conditions have improved over the past six months as the United States and Europe lifted industrial output from previously depressed levels and China returned to double digit growth. Government stimulus measures appear to have supported the restocking activities in the developed economies and a gradual return to normalised global trade. Chairman of BHP Billiton, Mr. Don Argus said, “Despite this positive momentum, we remain cautious about the speed and strength of the global economic recovery across the developed world. “Notwithstanding our caution in the short term, over the long term we continue to expect emerging economies’ growth to strongly outperform the developed economies as they follow a path of continued urbanisation and industrialisation.” He said that in the long term BHP Billiton continues to expect strong growth in demand for its commodities.

Big business shops locally and you benefit! Tony Treloar from Sodexo and Chad Oldfield have a local supply contract that will see benefits flow to all residents.

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By Celeste Lustosa

he Monitor reported last week that local businesses have been facing tough times and they are aiming for more support from the local residents asking them to shop locally. That way local businesses can prosper, creating more jobs and making our economy stronger. So far we were talking about individuals shopping here, but big business is now on board and they are setting a trend that will benefit local shoppers with lower prices. Sodexo is a great example showing it is possible and very beneficial for a big company to shop where they operate.

“We always look for opportunities to support local businesses in the places we operate and buy our products from them; therefore Sodexo is now purchasing all the bread from the local bakery. “This is a way to support the community and help the local economy,” said Sodexo’s Olympic Dam project manager, Tony Treloar. According to Mr Treloar, the range of breads Sodexo buys daily from the bakery has increased and despite having a bakery at OD they prefer to buy breads locally. Before the bakery was opened in Roxby late last year breads were purchased in Adelaide and delivered to the site. He also said that buying products locally has many benefits.

“From an operational point of view is very beneficial to buy locally because if we need extra products we are just one phone call away and a couple of minutes away from the supplier. “And from our perspective by dealing with a national company there’s less interaction and customer service is also not so personal.” But Mr Treloar also points out that business is business and one of the reasons to make buying locally is the prices are competitive and products are good quality. Local bakery owner Chad Oldfield told The Monitor exclusively that the deal between his business and Sodexo will bring prices down at his bakery. Continued page 2


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