MANAGEMENT

Cyclone Veronica strikes again

BHP has been the latest iron ore miner to mark the effects of Tropical Cyclone Veronica, reporting its full year unit costs are rising to below US$15/t from the expected less than US$14/t.

Jimblebar was a bright light for BHP.

Jimblebar was a bright light for BHP.

Total iron ore production remained broadly unchanged at 198 million tonnes. Production guidance for the 2019 financial year has been reduced to between 265Mt and 270Mt, reflecting a 6Mt to 8Mt impact...

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