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28 Jul
01:00

BC Iron expects higher sales, lower C1 costs in FY2016

Australian iron ore mining junior BC Iron continues to present a steady-as-you-go image to the markets as it posted its June quarter 2015 activities report to the Australian stock exchange, monitored by Kallanish. It expects higher sales volumes and lower costs in fiscal year 2016. The miner’s Nullagine Joint Venture (NJV) in tandem with Fortescue produced 1.56 million tonnes of dry mined ore in the June quarter, BC Iron says. This meant that the annua…
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