Iron – Bloomberg reported that as "an additional productivity measure," BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) has suspended production at Yarrie, its smallest iron ore operation. Yarrie is located in Western Australia.
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The Australian Securities Exchange rose 1.9 points today, ending at 5,190 points. During January as a whole, the ASX fell 16.2 points, or 2.9 percent.
Nickel – Indonesia's long-awaited ban on the export of unprocessed ore has sent nickel market participants reeling and shares of nickel companies soaring.
Iron – BHP Billiton (NYSE:BHP,ASX:BHP) said on Thursday that its iron ore mines have resumed operations following a cyclone that closed major shipping terminals earlier this week, Reuters reported.
Nickel – Reuters reported that BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) plans to halt operations in a sub-level cave at its Perseverance nickel mine. A recent investigation shows that an October earthquake has made it unsafe to operate there.
Nickel – Reuters reported that BHP Billiton Ltd.'s (ASX:BHP,LSE:BLT,NYSE:BHP) nickel production will be lower this quarter because a magnitude 3.7 earthquake has forced it to halt operations at its Western Australia-based Perseverance mine.
Iron – Now may be the time to take another look at iron ore companies as an investment, with many making major gains over the last 3 months.
Iron – BHP Billiton (NYSE:BHP) said earlier than expected production from the Jimblebar mine in the Australian Pilbara has raised its 2014 production forecast to 212 million tonnes, Sydney Morning Herald reported.
Nickel – The Motley Fool reported that speculation is rife that BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) plans to sell its largest nickel assets in a bid to reduce costs and focus on its core operations.
The Alternative Investment Market in London was up September 13 to 780.12 points, a rise of 0.36 points since the previous session.