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	<description>Port Augusta Accommodation</description>
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		<pubDate>Wed, 19 Oct 2011 01:55:27 +0000</pubDate>
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		<description><![CDATA[Improvements to intersection in Port Augusta complete Motorists are now experiencing a safer ride through Port Augusta at the Highway One and Burgoyne Street intersection. The following main improvements have been made: An additional lane for traffic heading east through<span class="ellipsis">&#8230;</span> <a href="http://www.highwayonemotel.com.au/latest-news/port-augusta-aero-club/"><div class="see-more">See more &#8250;</div><!-- end of .see-more --></a>]]></description>
			<content:encoded><![CDATA[<h3><span style="color: #333399;">Improvements to intersection in Port Augusta complete</span></h3>
<p>Motorists are now experiencing a safer ride through Port Augusta at the Highway One and Burgoyne Street intersection.</p>
<h5></h5>
<h4>The following main improvements have been made:</h4>
<p>An additional lane for traffic heading east through the intersection</p>
<p>A second right turn lane from Caroona Road onto Highway One</p>
<p>A dedicated left turn lane from Caroona Road onto Highway One.</p>
<p>&nbsp;</p>
<p>The completed intersection has reduced congestion and improved safety and traffic flow at this location.</p>
<p>Some restrictions may still apply at times until footpaths are completed later this month.</p>
<p>DPTI thanks motorists for their patience during the construction period.</p>
<p>This $2.5 million upgrade was announced as an election commitment last year and is funded by the State Government under the Major Works Program.</p>
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		<title>News</title>
		<link>http://www.highwayonemotel.com.au/latest-news/dirt-circuit-racing/</link>
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		<pubDate>Fri, 21 Oct 2011 22:52:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Latest News]]></category>

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		<description><![CDATA[BHP gets go-ahead for Olympic Dam expansion BHP Billiton will start spending $1.2 billion on equipment for the Olympic Dam expansion in coming weeks after winning final approvals from Parliament for the deal to proceed. The head of the company&#8217;s<span class="ellipsis">&#8230;</span> <a href="http://www.highwayonemotel.com.au/latest-news/dirt-circuit-racing/"><div class="see-more">See more &#8250;</div><!-- end of .see-more --></a>]]></description>
			<content:encoded><![CDATA[<h3><span style="color: #333399;">BHP gets go-ahead for Olympic Dam expansion</span></h3>
<p><span style="color: #000000;">BHP Billiton will start spending $1.2 billion on equipment for the Olympic Dam expansion in coming weeks after winning final approvals from Parliament for the deal to proceed. </span></p>
<p>The head of the company&#8217;s uranium operations, Dean Dalla Valle, said the approval paved the way for the $30 billion mine to be South Australia&#8217;s economic driver for the next 40 years, but gave no guarantees BHP Billiton&#8217;s board would approve the project in 2012.</p>
<p>The indenture approval allows $525 million of the company&#8217;s pre-approved funding to be spent in South Australia over the next six months as the company begins purchasing long-lead-time items, such as trucks, and starts site works at Roxby Downs.</p>
<p>Despite resistance from the Greens and more than 30 hours of parliamentary debate, amendments to the Roxby Downs Indenture Act passed with bipartisan support yesterday afternoon.</p>
<p>The indenture outlines conditions for the mine, including royalty rates and environmental conditions, and comes after several years of assessment and negotiation between the Government and BHP.</p>
<p>Premier Jay Weatherill said he was confident the new mine would be approved by the BHP Billiton board, despite weak global conditions.</p>
<p>&#8220;We are expecting the decision to be in the middle of next year,&#8221; he said. &#8220;There is enormous confidence about the project getting the approval &#8211; that confidence I think is underscored by the fact that BHP is prepared to spend $1.2 billion on initial works for the project even before that approval has occurred.&#8221;</p>
<p>Mr Weatherill said the board had 12 months to approve the project before government approvals lapsed. &#8220;It is back to the drawing board &#8230; should they not get approval in that period,&#8221; he said.</p>
<p>Mr Dalla Valle said the approval was a significant milestone for the project.</p>
<p>&#8220;The passage of this Bill provides the company with greater certainty for what would be a significant investment,&#8221; he said.</p>
<p>Olympic Dam&#8217;s expansion will make it one of the world&#8217;s largest open-pit mines, potentially expanding copper production from about 180,000 tonnes a year to 750,000 tonnes a year.</p>
<p>&nbsp;</p>
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