Copper $ 4.5875 / lb -0.55%
Brent Crude Oil $ 63.72 / bbl -0.50%
Palladium $ 979 / ozt -0.10%
Crude Oil $ 61.17 / bbl -0.60%
Natural Gas $ 3.289 / Btu -0.87%
Silver Futures $ 32.38 / ozt 0.23%
Aluminum Futures $ 2320 / ton 1.07%
Micro Gold Futures $ 3320 / ozt 1.43%
Micro Silver Futures $ 32.36 / ozt 0.14%
Platinum $ 969 / ozt -0.14%
Gold Futures $ 3293.2 / ozt 1.38%
Go to MDC Markets

BHP announces iron ore retrenchments on resource sector slowdown

Marc Howe | October 09, 2012 | 2:13 am Australia Europe Iron Ore 

BHP Billiton (ASX:BHP) has announced retrenchments for its iron ore operations due to tepid prices and rising costs. Fairfax reports that although the diversified mining giant has not yet disclosed the exact number of planned retrenchments around 200 positions are...

Mining.com Recommends