Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Iron-ore miner BC Iron on Thursday announced that it would decrease capital expenditure at its Nullagine joint venture, with miner Fortescue Metals, by some A$10-million during 2015. The miner told shareholders that capital spend at the project would now range between A$13-million to A$16-million in 2015, instead of the previously estimated A$23-million to A$26-million.
Iron-ore miner BC Iron on Thursday announced that it would decrease capital expenditure at its Nullagine joint venture, with miner Fortescue Metals, by some A$10-million during 2015. The miner told shareholders that capital spend at the project would now range between A$13-million to A$16-million in 2015, instead of the previously estimated A$23-million to A$26-million.
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