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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (45578)	10/20/2009 10:03:55 PM
From: LoneClone	Respond to of 194001

BHP's iron ore production rises to record levels Tuesday October 20, 7:32 pm ET ca.us.biz.yahoo.com BHP Billiton records record iron ore output in first quarter in wake of stabilizing economies SYDNEY (AP) -- BHP Billiton Ltd., the world's biggest mining company, said Wednesday that first-quarter iron ore production rose to record levels in the wake of more positive economic news across much of the world. BHP's iron ore production rose to 33.2 million tons (30.1 million metric tons) in the three months ended Sept. 30, up from 32.8 million tons (29.8 million metric tons) in the same period a year ago, the Melbourne-based company said in a statement. BHP said the results reflected increasingly positive economic news in much of the world, particularly China, a major iron ore consumer. "Chinese economic growth continues to be robust on the back of strong domestic focused consumption and infrastructure based stimulus spending," the company said. "We continue to look for Chinese imports to more closely reflect real demand over the remainder of 2009 calendar year."

To: LoneClone who wrote (45578)	10/20/2009 10:03:55 PM
From: LoneClone	Read Replies (1) \| Respond to of 194001

BHP's iron ore production rises to record levels Tuesday October 20, 7:32 pm ET ca.us.biz.yahoo.com BHP Billiton records record iron ore output in first quarter in wake of stabilizing economies SYDNEY (AP) -- BHP Billiton Ltd., the world's biggest mining company, said Wednesday that first-quarter iron ore production rose to record levels in the wake of more positive economic news across much of the world. BHP's iron ore production rose to 33.2 million tons (30.1 million metric tons) in the three months ended Sept. 30, up from 32.8 million tons (29.8 million metric tons) in the same period a year ago, the Melbourne-based company said in a statement. BHP said the results reflected increasingly positive economic news in much of the world, particularly China, a major iron ore consumer. "Chinese economic growth continues to be robust on the back of strong domestic focused consumption and infrastructure based stimulus spending," the company said. "We continue to look for Chinese imports to more closely reflect real demand over the remainder of 2009 calendar year."