Gas – Mining Weekly reported that Andrew Mackenzie, CEO of BHP Billiton Ltd. (NYSE:BHP,ASX:BHP,LSE:BLT), believes that although the US shale gas industry is growing quickly, coal will continue to be the most dominant source of fuel worldwide for the coming years.
Articles Tagged "LSE:BLT"
Manganese – Australia is the second-largest producer of manganese, and though it can be challenging to operate in the country, many miners are thriving.
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.
Coal – Mining Weekly reported that on Tuesday, Graham Kerr, CFO of BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT), said during a media conference call that his company continues to see coal as an "attractive commodity."
Coal – Reuters reported that BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) and Mitsubishi Corp. (TSE:8058) plan to cut about 230 jobs at their Queensland-based Saraji mine.
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.
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.
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.