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.
Articles Tagged "NYSE:BHP"
Coal – Reuters reported that Colombia's Cerrejon, a joint venture between Anglo American plc (LSE:AAL), BHP Billiton Ltd. (ASX:BHP,LSE:BLT,NYSE:BHP) and Glencore Xstrata plc (LSE:GLEN), may have problems meeting its 2013 production target of 34 million tonnes of coal as a result of a strike earlier this year and attacks on its railway.
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.
Coal – The Guardian reported that BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) has opted out of a $5-billion plan to build a second terminal at the Abbot Point port, located near the Queensland, Australia town of Bowen. The move was reportedly prompted by the release of a report that states an expansion would be "misguided and could result in job losses."
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.
Coal – Bloomberg reported that BHP Billiton Ltd.'s (ASX:BHP,NYSE:BHP,LSE:BLT) Colombia-based Cerrejon coal mine will come close to a previously announced production target despite a month-long strike.
Coal – Australia was the fifth-largest coal producer in the world in 2012, according to the World Coal Association.
The Alternative Investment Market in London was up September 13 to 780.12 points, a rise of 0.36 points since the previous session.
Iron – The world's second-largest iron ore producer is ramping up production and lowering its costs, which could threaten smaller producers of the steelmaking commodity.