BHP sticks with its full-year guidance

BHP is reviewing its 7-million tonnes guidance for its Cerrejon coal mine in Columbia, where workers are on strike. Picture: REUTERS/DAVID GRAYBHP has maintained its full-year production guidance for most of its operations, though it is reviewing its target for its Cerrejon coal mine in Columbia due to a strike.

In an update for the three months to end-September, the group’s first quarter, BHP saw a 2% rise in group production year on year, with the miner saying it has continued to operate safely during the Covid-19 pandemic. Petroleum production rose 1% to 27-million barrels quarter on quarter, while iron ore fell 1% and metallurgical coal production 17%, the latter two affected by planned maintenance activities.BHP has maintained its production guidance for its 2021 year, though it is reviewing its 7-million tonnes guidance for Cerrejon in Columbia, where workers embarked on a strike on August 31 over wages and benefits.

“Group production rose 2% from a year ago driven by solid results in metallurgical coal and iron ore, our major growth projects made good progress, and we secured more options in copper, nickel and oil,” said CEO Mike Henry.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

E-hailing drivers accuse Bolt of misleading them, vow to continue strike actionE-hailing drivers accuse Bolt of misleading them, vow to continue strike action edwinntshidi
Source: ewnupdates - 🏆 30. / 53 Read more »

SA's three top metros can now apply to generate their own electricity | CitypressMunicipalities such as those in Johannesburg, Pretoria and Cape Town can now apply to generate their own electricity, provided they have paid their Eskom bill in full. Cape Town says 'no problem' 🤣 That’s fair perché non la mia città di Durban
Source: City_Press - 🏆 7. / 72 Read more »

Health Minister Dr Zweli Mkhize and his wife test positive for COVID-19The minister said they were in quarantine at home and he was optimistic they would make a full recovery. Which one of these symptoms sir? 😂😂😂
Source: ewnupdates - 🏆 30. / 53 Read more »

Man arrested after body of 14-year-old 'girlfriend' found buried 'under huge pile of rocks'A 26-year-old man was arrested for the murder of his 14-year-old “girlfriend” after the Free State teen’s body was found under a “huge pile of rocks” on Thursday.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Man arrested after body of 14-year-old girl found buried 'under huge pile of rocks'“Preliminary investigation revealed that the deceased was last seen with her boyfriend. Information was followed and Edwinah's body was discovered in an open veld covered in a huge pile of rocks,” said Free State police spokesperson Brig Motantsi Makhele. A man and a 14 year old girlfriend? How did we even get here? How do you make a mere 14 year old a girlfriend? 14 year old girlfriend?
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Man gets 10 years behind bars for siphoning fuel from Transnet pipelineA 27-year-old man will spend the next 10 years behind bars for stealing R300,000 worth of fuel from a Transnet pipeline.
Source: TimesLIVE - 🏆 28. / 59 Read more »