re: quarterly production report!!crap!! Hard Rider,
Not sure what you expect from BHP.
Considering Hurricane Katrina and a few other variables, its not a bad report.
OK, we all know that there are Labour shortages and it costs more for production. RIO also are facing exactly the same shortages.
Sydney - Tuesday - January 24: (RWE Australian Business News) -
BHP Billiton Ltd (ASX code: BHP) today released its production report
for the quarter ended December 31 2005.
The company achieved record half-year production of aluminium,
copper, nickel and LNG, supported by strong market conditions.
Half-year production of copper was up 24 per cent and nickel 137
per cent following the acquisition of WMC in June 2005.
Escondida in Chile achieved a third consecutive quarter of
record copper production.
Production increased at Western Australian Iron Ore following
weather and derailment interruptions last quarter.
Total petroleum production was up 3 per cent for the half-year.
Shares in BHP Billiton fell 19c to $24.47 yesterday.
ENDS
Cheers Markco
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