25
Feb
00:00
BC Iron takes financial hit on lower iron ore price, revenues
Australia-based iron ore miner BC Iron says that it has addressed operational challenges and its Nullagine Joint Venture (NJV) ramped back up to “…its nameplate 6 million tonnes/year run rate” in the last quarter of 2014. The company was commenting on its first half FY 2015 results, in a presentation monitored by Kallanish.
As with many iron ore mining juniors, the company faced more threats to its business than opportunities between…
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Anonymous
Very good overview of the weekly steel market.
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