Jan 30, 2019· What happened. Shares of iron ore producers are having one of their best days in years after Brazilian iron ore giant Vale SA (NYSE: VALE) announced it would close 10 tailing dams and shutter operations at several mines after last week's dam collapse. Here's a quick recap of some of the stocks climbing on today's news as of 10:45 EST.

Mar 13, 2014· Are BHP Billiton and Rio Tinto Right to Play Down the Iron Ore Slump? ... BHP, which have lower production costs, will benefit at the expense of miners in China who have high production costs ...

BHP Billiton Limited (BHP Free Report) has cleared all wreckage caused by the deliberate derailment of the runaway iron ore train last week. The company has now resumed rail operations between ...

The company's iron ore division produced million tonnes, up 2% on the June quarter and up 7% over the same period of last year. Guidance remains at 247Mt for the 2016 financial year. Western Australian Iron Ore (WAIO) production jumped 8% to a record 67Mt on a basis thanks to the rampup ...

Apr 19, 2019· BHP cuts iron ore production outlook after Australian cyclone. Marco Green. April 19, 2019. Share. The company, however, remains the world's largest producer of iron ore, iron pellets and nickel. ... Finance; But jobs in the games industry are incredibly competitive, and it's a ...

April 17 (Reuters) BHP Group, the world's biggest miner, on Wednesday cut its annual iron ore production forecast on disruptions caused by a tropical cyclone which pushed its quarterly output of ...

Apr 07, 2019· On Tuesday, the company had said initial estimates indicated its iron ore production would take a hit of about 6 million to 8 million tonnes after disruption and damage caused by tropical cyclone ...

BHP Billiton said quarterly ironore production was higher on a year ago but down on the period immediately prior because of maintenance work that disrupted its mining operations in remote northwest Australia. The miner also reported an onyear rise in copper output, but said production was weaker ...

BHP, the world's top listed miner, reported ironore production of 58 million tonnes for the three months through March, up 8 per cent onyear but 6 per cent lower than the quarter immediately ...

SYDNEY, April 20 (Xinhua) BHP Billiton has cut its annual production guidance by 10 million tonnes or 4 percent, citing problems encountered with adverse weather and rail maintenance. The company announced on Wednesday it would pair back its production of iron ore from the Pilbara to 260 million ...

Jan 30, 2019· Shares of ClevelandCliffs Inc. CLF, +% soared % in active morning trade Wednesday, enough to pace the NYSE's gainers, after rival iron ore miner Vale VALE, +% said it would cut production in the wake of the deadly dam disaster in Brazil.

The move is more good news for Australia's biggest three iron ore producers Rio Tinto, BHP and Fortescue Metals Group, as well as federal Treasury coffers, which rely heavily for taxation revenue on the profits generated by mining companies.

Personal Finance ... BHP Billiton boosts iron ore output, warns on coal ... after a devastating March quarter cut production by nearly a fifth. BHP Billiton is the latest miner to caution ...

Jul 22, 2015· Petroleum, copper and coal output will fall in fiscal 2016, while iron ore is the only one of its socalled four pillars forecast to post an increase, BHP Billiton said Wednesday.

The Jimblebar mine is an iron ore mine located in the Pilbara region of Western Australia, 41 kilometres east of Newman.. The mine is fully owned and operated by BHP Billiton, and is one of seven iron ore mines the company operates in the Pilbara. The company also operates two port facilities at Port Hedland, Nelson Point and Finucane Island, and over 1,000 kilometres of rail in the Pilbara.

BHP, formerly known as BHP Billiton, is the trading entity of BHP Group Limited and BHP Group plc, an AngloAustralian multinational mining, metals and petroleum duallisted public company headquartered in Melbourne, Victoria, Australia.. Founded in 1885 in the isolated mining town of Broken Hill in New South Wales, by 2017 BHP ranked as the world's largest mining company, based on market ...

Apr 17, 2019· BHP has cut its iron ore production guidance for the 2019 financial year on the impacts of Tropical Cyclone Veronica, after a similar reduction by Rio Tinto yesterday. The production forecast ...

BHP is particularly exposed to any drop in prices having increased iron ore production to 290 million tonnes per year, to take advantage of the price boom. How has BHP's stock performed? BHP stock has rocketed as a result of the rise in iron ore prices.

Oct 17, 2018· SYDNEYBHP Billiton Ltd. (), the world's largest listed mining company by value, on Wednesday published an operational report for its first fiscal quarter. BHP reported iron ore output was higher yearonyear but down on the quarter immediately prior and cut its fullyear copper production target because of plant outages.

BHP Billiton says it will cut costs at its iron ore mines by 25 per cent but insisted the recent price falls did not change its view about healthy long term demand. BHP's president of its iron ...

Apr 18, 2018· BHP Billiton Ltd cut its 2018 fiscal year iron ore output guidance on Thursday citing issues in its railroad car unloading system, while reporting an 8 percent rise in thirdquarter iron ore ...

BHP cuts iron ore forecasts, DS Smith sells two businesses to rival International Paper London open The FTSE 100 was being called to start the session seven points lower to 7,463.

SYDNEY, April 20 (Xinhua) BHP Billiton has cut its annual production guidance by 10 million tonnes or 4 percent, citing problems encountered with adverse weather and rail maintenance. The company announced on Wednesday it would pair back its production of iron ore from the Pilbara to 260 million ...

Oct 06, 2014· Mining giant BHP Billiton said Monday it planned to cut costs and lift production at its Western Australian iron ore operations as it aims to be the lowest cost supplier to China. Iron ore prices have fallen sharply this year amid increased production, but BHP iron ore president Jimmy Wilson said ...