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BHP Billiton have been cut sharply in response to the bleak outlook that has triggered the previously upbeat miner to close loss-making operations and slow the pace of new growth and expansion projects, with the loss of 6000 jobs across its global workforce.
Tags: bhp, Ravensthorpe, BHP Billiton Ltd, PerthNow, ravensthorpe mining, Yabulu, yabulu nickel, nickel refinery, mining companies, significant decline
Media reports today suggest that the $2.2 billion mine could be closed within days. The Ravensthorpe Shire President, Brenda Tillbrook, says it is news to her. "Up until now everything's been go ahead, we haven't heard anything from BHP," she said. Ms...
Tags: Bloomberg, Australian Financial Review, mortgage funds, BHP Billiton Ltd., Ravensthorpe Mine, Ravensthorpe Shire, ravensthorpe mining