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Stock Market & Financial Investment News

News Breaks
April 18, 2012
07:08 EDTBHPBHP reports on coal production for nine month ended March 31
BHP Billiton reported on its coal production for the nine months ended March 31, stating Western Australia Iron Ore achieved record production despite a decline in volumes in the March 2012 quarter as a result of cyclone activity. Full year WAIO production guidance remains unchanged as scheduled maintenance and tie-in activities are expected to constrain performance in the June quarter. The company said Queensland Coal production remained constrained in the March quarter as a result of industrial action and heavy rainfall. The extent to which industrial action will continue to affect production, sales and unit costs is difficult to predict, however with inventories now severely depleted, the impact on future quarters may be significant. Force majeure was declared across all BMA sites in April and remains in place. For energy coal, the company reported production records for the nine months and quarter ended March were achieved at two of its high value, export orientated energy coal operations, New South Wales Energy Coal and Cerrejon Coal. Preparation for the resumption of mining activity at San Juan Coal has commenced, with a full restart expected in the June quarter. Reference Link
News For BHP From The Last 14 Days
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March 17, 2015
13:14 EDTBHPBHP Billiton upgraded to Buy from Neutral at Citigroup
05:51 EDTBHPBHP Billiton's South32 demerger to cost $738M
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March 16, 2015
10:02 EDTBHPOn The Fly: Analyst Downgrade Summary
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09:07 EDTBHPBHP Billiton downgraded to Neutral from Overweight at HSBC
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March 13, 2015
06:32 EDTBHPU.S. looking into importing ferroalloy from BHP plant, Reuters says
The Department of Commerce is looking into inexpensive ferroalloy imports from a BHP Billiton plant in Australia, reports Reuters, citing the Department of Commerce. Reference Link

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