PRODUCTION SLUMP
BHP blames strike for decline in copper output
28 April 2017 - 05:59
The world’s biggest miner, BHP Billiton, blames a slump in copper output on a strike at the world’s largest mine for the metal, while at the same time flagging the sale of some US shale assets. BHP said on Wednesday that copper production slid 44% to 227,000 tonnes in the first quarter of 2017 compared with the matching period in 2016, revising down its annual forecast to between 1.33-million and 1.36-million tonnes.
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