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bhp flags coal mine cost cuts finance in india

BHP flags more cuts to coal It has already idled production at high cost open cut mines such as Norwich Park and Gregory in Queensland and it is seeking to sell its mine in New Mexico USA

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  • BHP flags job losses at Aust operations  9Finance

    BHP flags job losses at Aust operations 9Finance

    BHP recently denied reports that it had decided to delay its 30 billion Olympic Dam mine and 19 billion Port Hedland harbour expansions for at least two years

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  • BHP flags productivity cuts after annual net profit slumps

    BHP flags productivity cuts after annual net profit slumps

    “The reduction in the productivity target was the main negative from the result along with higher cost guidance for Escondida and Queensland Coal” At 1156 am BHP shares were down 60c or 1

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  • BHP flags job losses at Aust operations

    BHP flags job losses at Aust operations

    Aug 16 2012 · GLOBAL miner BHP Billiton has flagged potential job losses at some of its Australian operations as it reins in costs amid falling commodity prices

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  • BHP flags coal mine closures  Yahoo7 Finance

    BHP flags coal mine closures Yahoo7 Finance

    BHP Billiton is set to shut more mines and has all but ruled out an expansion of its struggling coal division The global resources giant told analysts that its main priority was simplifying and cutting costs across its coal division and that its mines had to earn their right to stay in the business

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  • BHP cuts more jobs in NSW as part of costbase review

    BHP cuts more jobs in NSW as part of costbase review

    Nov 04 2014 · UKAustralian resources firm BHP Billiton has cut another 150 jobs from its 16mn tyr Mount Arthur thermal coal mine in New South Wales NSW just four months after cutting an initial 163 jobs BHP’s NSW coal head Peter Sharpe explained that the changes are being carried out in an effort to ‘reset the operation’s cost base’

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  • BHP uses IT systems to benchmark mine costs  Software

    BHP uses IT systems to benchmark mine costs Software

    Apr 04 2014 · BHP Billitons coal boss has talked up the miners ability to compare the cost base of its various operations worldwide using IT systems and processes

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  • Minerals Australia  BHP

    Minerals Australia BHP

    BMC owns and operates two opencut metallurgical coal mines in the Bowen Basin – South Walker Creek Mine and Poitrel Mine BMC is owned by BHP 80 per cent and Mitsui and Co 20 per cent More on Queensland Coal BHP Queensland and New South Wales

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  • BHPMitsubishi Alliance flags QLD job cuts  Finance News

    BHPMitsubishi Alliance flags QLD job cuts Finance News

    20 Feb 2014 BHP Billiton Limited’s ASXBHP Mitsubishi Alliance flags about 230 job cuts at its Saraji Coal Mine in central Queensland

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  • BHP Xstrata attack coal costs in Australia jobs to go

    BHP Xstrata attack coal costs in Australia jobs to go

    Sep 10 2012 · BHP said it was closing its lossmaking Gregory mine which produced 28 million tonnes of coking coal in the year to June and would try to move the 297 staff and contractors to its other mines

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  • bhp cuts iron ore production finance

    bhp cuts iron ore production finance

    BHP cuts FY ore guidance after cyclone Apr 17 2019· BHP which put its fiscal 2019 iron ore production under review following the cyclone on Wednesday lowered its forecast to 265 million270 million tonnes from 273 million283 million tonnes

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  • Cliffs to Idle Pinnacle Coal Mine as Part of Response to

    Cliffs to Idle Pinnacle Coal Mine as Part of Response to

    Jul 08 2014 · Lower iron ore prices will impact Cliffs much more than the major mining companies due to the companys higher cost of production of around 70 per ton as compared to less than 50 per ton for

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  • BHP cuts Australia coal mine jobs as cost pressures mount

    BHP cuts Australia coal mine jobs as cost pressures mount

    AngloAustralian miner BHP Billiton and Japanese trading house Mitsubishi Corp will cut around 230 jobs at a jointlyowned coal mine in Australia in a costcutting move as Asias demand for the fuel wanes Hard coking coal contracts for the first quarter of 2014 have fallen to their lowest on record

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  • A falls to 19month low  9Finance

    A falls to 19month low 9Finance

    The Australian dollar has fallen to its lowest level since October 2011 after the release of stronger US consumer sentiment figures boosted the US dollar OzForex chief currency strategist Jim

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  • SAIL eyes stake in BHP Billiton’s coal mine  DNA India

    SAIL eyes stake in BHP Billiton’s coal mine DNA India

    The mine owned by BHP Billiton is located in Maruei Indonesia he said without giving further details The Indian company is trying to cut costs and secure coal supplies Input costs rose 17 to Rs 246300 crore 538 million in the second quarter of the current fiscal that ended on September 30

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  • BHP pulls back on coking coal guidance flags US tax cut

    BHP pulls back on coking coal guidance flags US tax cut

    BHP Billiton has cut groupwide fullyear production guidance and flagged higher coking coal costs just as commodities prices across all its major business units surge

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  • BHP Billiton cost cuts boost profit pave way for buyback

    BHP Billiton cost cuts boost profit pave way for buyback

    On track to cut debt to 25 bln key for capital return MELBOURNE Feb 18 Reuters Global miner BHP Billiton NYSE BBL news topped market forecasts with a 31 percent rise in firsthalf profit on Tuesday and hinted it may launch a share buyback in August despite giving a cautious outlook on

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  • BHP Billiton axes 140 jobs in Adelaide office flags more

    BHP Billiton axes 140 jobs in Adelaide office flags more

    Jun 25 2015 · BHP Billiton is axeing up to 140 positions from its Adelaide support office for the Olympic Dam copper and uranium mine BHP Billiton axes 140 jobs in Adelaide office flags more Olympic Dam cuts

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  • End Coal  BHP and Rio Tinto are quietly exiting coal

    End Coal BHP and Rio Tinto are quietly exiting coal

    Dec 02 2015 · Shanghai The coal divestment lobby has stopped campaigning against BHP Billiton and Rio Tinto which have been quietly selling their coal mines and are unlikely to approve new ones While neither company has publicly stated they are exiting from coal used for power stations both have cut their exposure over the past two years as prices have

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  • bhp  iTnews

    bhp iTnews

    BHP uses iOS app to cut truck maintenance times Flags expansion to all mine sites BHP digging for software to shift bottlenecks in its coal mines

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  • Yahoo Finance bhp News

    Yahoo Finance bhp News

    Even as BHP cut costs at its Australian iron ore mines in the last fiscal year some coal assets failed to meet company cost guidance There have also been operational missteps at BHP sites since late 2018 including the dramatic derailment of an iron ore train in Australia’s vast and its rivals are also facing the slowest pace of

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  • Indias mining industry What does the past say about the

    Indias mining industry What does the past say about the

    Nov 29 2019 · Precious stones The latter is one of the key gold producers in the world today Australia a developed country has grown continuously for the past 22 years largely on the back of the mining boom catering to the need for commodities in China Australias GDP per capita in 2016 was US49927 whereas that of India was US1709

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  • UNDERGROUND COAL MINING FACTORS COST AND

    UNDERGROUND COAL MINING FACTORS COST AND

    UNDERGROUND COAL MINING FACTORS COST AND TIME CONSIDERATIONS Presented by Mark A Williams BHP NM 78 SufcoCanyon Fuel Arch UT 76 • Size of entries and crosscuts vary from mine to mine – determined by size of equipment employed

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  • BHP  Wikipedia

    BHP Wikipedia

    BHP Billiton First Quantum a Canadian company was one of three bidders for the mine tendering the lowest offer and returned the mine to production in 2011 Ravensthorpe cost BHP US36 billion in writedowns when it was shut in January 2009 after less than a year of production

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  • Adani OPINION Adanis coal hopes look increasingly

    Adani OPINION Adanis coal hopes look increasingly

    May 23 2019 · OPINION Adanis coal hopes look increasingly isolated as BHP joins naysayers BHP Group CFO Beavan told a strategy briefing the worlds biggest mining company has no appetite to grow its thermal coal assets REUTERS May 23 2019 1336 IST

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  • Fall in prices of coking coal iron ore will aid Indian

    Fall in prices of coking coal iron ore will aid Indian

    Read more about Fall in prices of coking coal iron ore will aid Indian steelmakers on Business Standard The prices of a wide range of industrial and agricultural commodities have plunged to their lowest since the global financial crisis While rising supply in the US and decelerating growth in China have dragged down the price of Brent crude oil from

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  • Rio Tinto cuts costs as iron ore prices fall  Financial Post

    Rio Tinto cuts costs as iron ore prices fall Financial Post

    Oct 04 2012 · Rio Tinto cuts costs as iron ore prices fall Miners across the board have been cutting back as they grapple with a combination of low metals prices weak demand and currency headwinds

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  • Australia approves vast coal mine near Great Barrier Reef

    Australia approves vast coal mine near Great Barrier Reef

    Jun 13 2019 · Opponents warn it will create a new generation of coal exports which will be burned in India and China contributing to further degrade the planet The vast open cut mine is slated to produce up to 60 million tonnes of coal a year boosting Australias already vast exports by around 20 percent

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