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Stock Market & Financial Investment News

News Breaks
December 17, 2013
06:02 EDTBHPBHP says mining at Perseverance Underground to cease due to safety concerns
BHP Billiton says "On October 31, production at Nickel West Leinster Perseverance Underground mine was suspended following a significant seismic event. Since the event, Nickel West technical and operational teams, supported by independent experts, have been assessing the technical data and risks on the sub-level cave operations and all the options available. Following this analysis BHP Billiton has decided it is unable to safely resume operations in the sub-level cave at Perseverance mine.Nickel West will continue to operate its processing facilities at Leinster, along with its other operations in Western Australia, and will continue to maintain the underground infrastructure in Perseverance mine. In addition, mining will resume at Rocky’s Reward open cut mine, near Leinster, to provide an alternative ore supply to our integrated business. The decision to cease operations in the sub-level cave at Perseverance mine will lead to a reduction in the operational workforce at Leinster and impact valued stakeholders."
News For BHP From The Last 14 Days
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April 17, 2014
07:06 EDTBHPBHP could benefit from rebound not spinoffs amid metal slump, Bloomberg says
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April 15, 2014
18:57 EDTBHPBHP Billiton reports Q3 total petroleum production up 10%
BHP Billiton reported total petroleum production for Q3 was up 10% over the prior year, with production for the nine months ended March 31 totaling 181.3 MMBoe. The company also lowered its FY14 production guidance to 245 MMboe, citing lower gas and natural gas liquids production in the Hawkville area of the Eagle Ford. BHP reported Q3 copper production fell 5%, with total copper production increasing 2% to 1.3 Mt for the nine months ended March 31. BHP reiterated its copper production guidance for FY14 of 1.7 Mt. BHP also reported Q3 iron ore production increased 23%, with production for the nine months ended March 31 growing 21% to 147,387 kt. BHP expects FY14 iron ore production to total 197 Mt.
11:44 EDTBHPPotash Corp. advances after report says BHP could make new bid
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09:16 EDTBHPOn The Fly: Pre-market Movers
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07:46 EDTBHPPotash Corp. speculated to be targeted again by BHP Billiton, Globe & Mail says
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April 9, 2014
09:33 EDTBHPBofA/Merrill's industrial/mining analysts hold analyst/industry conference call
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