By ALEX WILSON And ELISABETH BEHRMANN
MELBOURNE, Australia — BHP Billiton Ltd. said it will take two weeks to assess the impact of a mechanical failure at its Olympic Dam mine on copper, gold and uranium production from the operation in Australia.
Bloomberg News
An accident in the system for hauling ore will limit production at BHP's Olympic Dam mine inAustralia, which produces copper, gold and uranium.
While BHP is tight-lipped about the incident, but people familiar with the situation and analysts said the damage is likely to be significant and the resulting reduction in supply could affect copper and uranium markets.
BHP has so far given little detail about the failure Tuesday night of the Clark shaft -- the main system for hauling ore from underground for processing -- leaving the market to speculate about the length of time of the outage and how much ore BHP can extract in the interim.
Read the rest link provided below.
http://online.wsj.com/article/SB10001424052748703746604574460564141681276.html?ru=yahoo&mod=yahoo_hs
.
.
.
By ALEX WILSON And ELISABETH BEHRMANN MELBOURNE, Australia — BHP...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$13.58 |
Change
-0.220(1.59%) |
Mkt cap ! $4.060B | |||
| Open | High | Low | Value | Volume |
| $13.64 | $13.76 | $13.52 | $10.04M | 738.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 73 | $13.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.58 | 1322 | 2 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |